Global CEOs call on PM Narendra Modi; intend to increase investment in India

NEW DELHI: A group of global CEOs, including Dieter Zetsche of Daimler AG and Feffrey Jaensubhakiji of GIC AM, today expressed intention to increase investment in India.

Anshu Jain of Deutsche Bank AG, Kurt Bock of BASF, Heinrich Biersinger of Thyssen Krupp and Yngve Slyngstad of Norgos along with other two CEOs called on Prime Minister Narendra Modi here.

"They appreciated the economic reform initiatives of the Prime Minister, and also expressed their intention to increase investments in India," a PMO release said.

The Modi-led government has initiated a slew of economic reforms, including liberalisation of FDI policy for sectors like insurance and railways, to attract foreign investments.

The government has also taken measures towards ease of doing business in the country.

The 'Make In India' campaign launched by the government has attracted attention of global investors.