PEOPLEBUSINESS
The last fortnight saw several business honchos meeting with Prime Minister Narendra Modi. Indra Nooyi, Chairperson and CEO of PepsiCo, met him and offered the MNC’S participation in the government’s efforts for development in the country and for the upliftment of farmers. “PepsiCo is well positioned to help the government deliver on the national development goals he has outlined for farmers, supporting their livelihoods,” Nooyi said after the meeting. Nooyi also discussed with the PM the launch of new Quaker Oats products and the company’s plan to use more Indian-grown fruits in their beverages. Nooyi has signed a letter of intent with the Maharashtra government for mutual collaboration in skill development of workers in food processing plants, besides modernising industrial training institutes.
In a separate development, Toyota’s President Akio Toyoda and Suzuki’s Chairman O. Suzuki called on the PM to discuss technological developments and business opportunities in India. The duo also discussed the Toyota-Suzuki business partnership with him. The two automobile manufacturers had announced their plans to explore a partnership last October. “The partnership is expected to enable India to use technological developments. Further, high volumes will enable local manufacturing of components required for these technologies,” the press release from the Prime Minister’s Office said.