Addressing the fifth “Rozgar Mela”, where around 71,000 appointment letters were handed over to new recruits in the government, PM Narendra Modi said that global giants from Walmart to Apple, Cisco, NXP and Foxconn are looking to step up investment in the country, creating more job opportunities in the private sector. The move, he said, ties in with the government’s focus on increasing employment and he hopes to double down on it during his visit to the US next month, when he will meet more CEOs.
Recalling his recent meeting with Walmart CEO Doug McMillon, the PM spoke about the executive’s confidence in India in exporting up to £8 billion worth of goods from the country. “This is big news for our youths employed in logistics and supply chain sectors. The CEO of CISCO (Chuck Robbins) told me that they have set the goal for exporting products worth £800 million more from India,” Modi said.
He also referred to his meeting with Apple CEO Tim Cook who, he said, is bullish on manufacturing mobiles in India and said that the top executives of the semiconductor major NXP is also upbeat on India’s capacity to create a semiconductor ecosystem.
Modi said, “Foxconn too has started investments worth millions. I will be meeting the CEOs of the world’s leading companies next week. They are full of enthusiasm to invest in India. All this highlights how the new employment opportunities are being created in different sectors in India.”