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PM meets CEOs of US companies, invites them to invest more in India

Prime Minister Narendra Modi on Thursday commenced his visit in Washington D.C. with meetings with the top brass of the multinational companies based in the United States, hard-selling his government’s initiatives to draw more foreign investments to revive the Covid-hit economy of India, including the recently launched Production Linked Incentive scheme.
United States New Delhi Cristiano Amon Shantanu Narayen Prime Minister Mark Widmar

Held extensive talks with top CEOs on investment in India: PM Modi

Uniindia: Washington, Sep 23 (UNI) Prime Minister Narendra Modi, who met the CEOs of top US companies including Qualcomm, Blackstone, First Solar, Adobe and General Atomics, said he held extensive discussions with US business leaders on investment in India and they were appreciative of India’s reform trajectory.
United States Shantanu Narayen Cristiano Amon Narendra Modi Mark Widmar Stephen Schwarzman

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solar manufacturing: First Solar plans to invest Rs 5,000 crore to set up solar manufacturing facility in India

US-based solar manufacturing company First Solar is foraying into the Indian market with a 3.3 gigawatt (GW) facility in Tamil Nadu, the company said on Friday. The company will invest $648 million into the manufacturing unit which will become the third location in Asia after Malaysia and Vietnam. First Solar is one of the top three solar manufacturers in the world, and currently has a market cap of $8.9 billion. "[India] is an inherently sustainable market, underpinned by a growing economy and...
United States Tamil Nadu Mark Widmar First Solar Inc On First Solar Inc First Solar

US firm First Solar plans to invest $684 mn in India; to set up solar manufacturing facility in TN

: Friday, July 30, 2021, 1:14 PM IST US firm First Solar plans to invest $684 mn in India; to set up solar manufacturing facility in TN The facility is expected to be located in Tamil Nadu and is projected to create over 1,000 new jobs in the state. First Solar Inc on Friday said it is planning to invest $684 million (about Rs 5,000 crore) to set up a fully vertically integrated photovoltaic (PV) thin-film solar module manufacturing facility in India. Contingent upon permitting, and pending ap...
United States Tamil Nadu Mark Widmar First Solar Inc On First Solar Inc First Solar

PV - First Solar announces intention to expand global manufacturing footprint with new facility in India - Renewable Energy Magazine, at the heart of clean energy journalism

Courtesy of First Solar The facility is expected to be built in the state of Tamil Nadu and commence operations in the second half of 2023. It is expected to have a nameplate capacity of 3.3 gigawatts. With the company’s expansion in the US and India and the optimisation of its existing fleet, First Solar anticipates that its nameplate capacity will double to 16 GWDC in 2024. Unique among the world’s ten largest solar manufacturers for being the only US-headquartered company, for not usin...
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