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Arun Jaitley to hold meetings with FIIs, top CEOs in US

ANI  |  New Delhi 

Union Finance Minister Arun Jaitley, who left for a nine-day visit to the United States last night, will hold meetings with Foreign Institutional Investors (FII) and top CEOs of American financial companies during his stay.

As part of the first leg of his visit, the Finance Minister willarrive in New York today and hold a luncheon meeting with executives of top US companies, organised by FICCI.

He will give details regarding broad policy agenda for reviving India's growth while balancing inflation and what India expects from long term investors and strategists to support its growth agenda and how the Government is focused on making India an easier destination to do business.

He will also give details regarding the role the foreign investors and companies can play in building-out India infrastructure in sectors like power, roads, highways and ports, among others.

The Finance Minister will also hold meetings with the management of New York Stock Exchange (NYSE) and select top CEOs of US financial companies.

On June 18, the Finance Minister will address the select gathering of portfolio managers from Foreign Institutional Investors (FIIs) as well as the executives of US companies operational in India, comprising banks, insurance and pension funds, infrastructure and manufacturing companies, defence firms and pharmaceutical corporations.

Jaitley will also hold meeting with about 150 members of Council for Foreign Relations (CFR) and would highlight about likely prospects of Indian economy, investment opportunities in India and development of infrastructure among others.

In the evening, he will hold meetings with USIBC AND FICCI executives and would discuss about reform measures put in place by the Government of India to make India a top investment destination.

On the morning of June 19, Jaitley will give a talk on 'One Year After: Progress on Economic Reforms in India' at the Columbia School of Business.

There he will brief the students, alumni and faculty of Columbia University on how Prime Minister Modi administration delivered on its promises, particularly its plan for economic growth.

Later in the day, he will leave for Washington D.C. and deliver a talk on 'Putting India back on track: a pathway to digital growth' at the American Enterprises Institute.

During his stay in Washington DC, he will also meet top CEOs/senior officials of US companies, apart from addressing a press conference.

The Finance Minister, who will leave for San Francisco on June 21, is scheduled to address the celebrations organised to mark the occasion of the International Day of Yoga.

Jaitley will also address the participants on the issue of 'India's Economic Future' at an event organised by Stanford Institute for Economic Policy Research (SIEPR) during his stay in San Francisco.

Arun Jaitley will also interact with TiE leadership and hold discussions on "India: New Land of opportunity" and hold meetings with the foreign investors in San Francisco.

The Finance Minister will reach the capital on June 25.

First Published: Wed, June 17 2015. 10:57 IST