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26 June 2017, 12:14 | Marion Schneider
Rick Rossow, an India expert at the Center for Strategic and International Studies, said the frictions in US-Indian relations since Trump took office on January 20 add gravity to the meeting.
Modi said that India is now receiving record number of foreign direct investment and all credit agencies and multilateral fora are giving a positive rating about India.
"The entire world is suffering because of the menace of terrorism, which is against mankind", the Prime Minister said.
Pointing towards the upcoming implementation of the Goods and Services Tax (GST), Modi termed it as a game changer.
"If there s one thing we want (from the visit), it s chemistry", said one senior Indian official.
Modi said he is relentlessly working to fast-track India's development wherein there is no scope for corrupt and dishonest. The PM then went on to list some specific opportunities like developing hotels through public-private partnership around 500 railway stations in India.
Trump, who campaigned on an "America First" platform, has been troubled by the growing United States trade deficit with India.
"In concluding remarks, PM stresses imp of coopn 4 start up, innovation and tapping huge intellectual, edu & vocational training potential in India", Baglay tweeted.
Infrastructure, defence manufacturing and energy security also came up for discussion during the meeting. "He said that It is now well known in India that when anyone in trouble tweets to Sushma, she promptly replies and the government takes prompt action.The Indian diaspora anywhere now has faith that their issues will be resolved".
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Trump didn't indicate what types of changes may be in store, but affirmed that he had described a US House-passed bill as "mean". The law also included reforms for the small business insurance market, which includes businesses with fewer than 50 employees.
"Good", said Cook as he emerged out of the meeting.
"The implementation of the landmark initiative of GST could be a subject of studies in USA business schools", Modi said while addressing American CEOs at a meeting here, according to a tweet by Indian External Affairs Ministry spokesman Gopal Baglay.
The Trump administration's review of the visa programme for bringing to the USA highly skilled foreign workers is another solid bone of contention between the two countries.
Among other CEOs present at the meeting were Shantanu Narayen from Adobe, Ajay Banga from Mastercard, David Farr from Emerson, Doug McMillon from Walmart, and Punit Renjen from Deloitte Global, Jim Umpleby from Caterpillar, Alex Gorsky from Johnson and Johnson, Jamie Dimon from J P Morgan Chase, and Marillyn Hewson from Lockheed Martin.
Posting a picture of the prime minister with the CEOs on Twitter, Bagley said, "strengthening the Indo-US economic partnership". While exiting the global agreement, Trump clearly named India among those countries that he believes got too good of a deal at the cost of the US.
The prime minister gave a hearing to the executives, whose chief concerns included the macroeconomic scenario in India since demonetisation, and job creation, given PM Modi's focus on "Make in India".
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Mexico also emphasized on addressing the root cause of the issue; high demand for drugs in the US and supply from Mexico. Trump repeatedly described solar power during the campaign as "very, very expensive" and "not working so good".