Top corporate honchos recollect meet with Modi in New York

Following the meeting with Prime Minister Narendra Modi, the business bigwigs in the US said they had high hopes on his National Democratic Alliance (NDA) government reforms, and added it will also prove a mammoth task to achieve in a complex nation like India.

Their comments:

Rupert Murdoch, media baron: Great hour with Indian PM Modi. Best leader with best policies since independence, but massive task to achieve in most complex nation.

Arne M. Sorenson, CEO, Marriott International: PM Modi is somebody who listens and I think he is making progress. PM Modi is somebody who is interested in seeing India and its economy perform better.

Ajay Banga, CEO, MasterCard: If India has to live up to joining those kinds of world trade bodies, domestic reforms will be an important part of the whole thing. At the end of the day no country is perfect, not America not India. Yet we choose where to put our investments.

John Rice, CEO, GE Global Growth and Operations: There were numerous discussion points. PM did a very good job to summarize at end what he heard and where he was focused in order to address some of points that were made.

James Dimon, CEO, JP Morgan: The government has already undertaken a massive amount of reforms. Key message from the US companies was keep doing what you are doing. I had a great meeting, there was a constructive dialogue in the spirit of collaboration. We are looking at India trying to get foreign direct investment.

Rakesh Sachdev, CEO, Sigma-Aldrich Corp: There were constructive comments about what can be improved even more in India, it was very optimistic. Positive meeting abt opportunities for US companies to invest in India.

Stephen A. Schwarzman, CEO, Black Stone: I think, things tend to overshoot. People tend to get exceptionally excited. I am hopeful as is everyone that things would be on track.

Sanjay Bhatnagar, CEO, WaterHealth International: PM was open in sharing the progress that has been made.