In a roundtable meeting chaired by Prime Minister Narendra Modi, American CEOs applauded the digital transformation taking place in India through the Digital India initiative.
The meeting was attended by the CEOs from the media and entertainment sector including Rupert Murdoch, Executive Chairman, News Corp and 21stCentury Fox; James Murdoch, CEO, 21st Century Fox; Robert Thompson, CEO, News Corp; Uday Shankar, CEO, Star India; David Zaslav, President and CEO, Discovery Communications; Michael Lynton, CEO, Sony Entertainment; Michael Roth, CEO, Interpublic Group of Companies; Shane Smith, CEO, Vice Media; Martin Sorrell, CEO, WPP; Jeff Bewkes, CEO, Time Warner; Nancy Dubuc, CEO, A&E Networks, Anthony Pratt, Chairman, Visy Industries; William Duhamel, Route One Investment Company; and Jeff Ubben, CEO, ValueAct Capital.
Appreciating the Prime Minister for energetic and dynamic leadership, they said, “The current strong trajectory of the Indian economy makes it at a unique moment to accelerate growth in this sector.”
The CEOs called for speeding up of television digitisation, and strengthening of the cellular (mobile) infrastructure.
“The Prime Minister and CEOs observed that the changes in technology and media in recent times have led to an enormous democratisation of knowledge,” PMO said in an official statement.
The Prime Minister said that the world is now in a technology- driven era, where growth of digital infrastructure is as important as growth of physical infrastructure.