Sunday, 25 June 2017

After meeting Modi, Google's Sundar Pichai says excited for GST July 1 rollout

Google CEO Sundar Pichai said that he is looking forward to the rollout of the GST. (Credits: Reuters)

After meeting Prime Minister Narendra Modi at the CEOs' Round Table in the United States on Sunday, Google's Chief Executive Officer Sundar Pichai said everyone is excited to invest in India and so is he.
Speaking about the discussing Modi held with top US business leaders, Pichai said, "It (the discussion) was very good. I think it was a discussion across many countries and I think the prime minister was looking for insights into how India can attract more foreign investment and I think there were many many good ideas to discuss. But I think everyone is excited to more invest in India and I am excited we can all do it together."
Pichai also said that he is also looking forward to the rollout of the Goods and Services Tax (GST), slated for this Friday midnight, and called it a testimony to the fact that reforms can be pushed through. "We are all looking forward to the July 1 rollout. I know it has been a very difficult thing to so. So, I am excited to see it happen. It shows that you can achieve reform by pushing hard for it and I hope its just the beginning."
GST will be rolled out on July 1, during a special midnight session of Parliament that will be held on the intervening night of June 30-July 1.
On the first day of his two-day US tour, Prime Minister Narendra Modi pushed India's growth story in a meeting with top American CEOs of global giants. The CEOs round table was attended by Apple chief Tim Cook, Walmart head Doug McMillon, Chief Executive Officer of Amazon, Jeff Bezos, Google head Sundar Pichai and Microsoft's Satya Nadella.
While addressing the roundtable meeting with US Business leaders, Prime Minister Narendra Modi said that landmark initiative of GST could be a subject of studies in US business schools. He added that growth of India presents win-win partnership for India and US as companies in US have a great opportunity to contribute to that. PM Modi also added that world is looking at India at present.
"The whole world is looking at India... India's growth presents a win-win partnership for India and US both. US companies have a great opportunity to contribute to that," Modi said.
"7,000 reforms alone by GOI for ease of business and minimum government  and maximum governance," said PM Modi.
Prime Minister Narendra Modi will meet US President Donald Trump today. PM Modi is expected to have talks on a host of strategic issues. Official sources said that the leaders are likely to discuss 2008 civil nuclear deal, however, agreement on nuclear reactor projects are unlikely.

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