Modi To Attend Nuclear Security Summit in Washington

The fourth Nuclear Industry Summit, which gathers world leaders focused on preventing nuclear terrorism throughout the globe, will be held in Washington, D.C. from March 29 to March 31, and India’s Prime Minister Modi will participate in this event. India is expected to submit a proposal for the security of its nuclear assets from non-state actors as it seeks membership of export control entities such as the Nuclear Support Group and the Missile Technology Control Regime, reports Economic Times.

Kakrapar Nuclear Energy Plant

Kakrapar Nuclear Energy Plant

Ahead of the PM’s trip to the U.S., Toshiba Corp‘s Westinghouse Electric hopes to clinch a deal to build six nuclear reactors in India by end-March, its CEO Daniel Roderick told news agency Reuters.

The Westinghouse deal will be the first nuclear commercial power project since the United States and India first struck an agreement to cooperate in the civil nuclear arena a decade ago, and it is expected to give a big boost to India’s $150 billion nuclear power program, and a broader push to curb greenhouse gas emissions

India has given two sites to U.S. companies – Westinghouse, and a nuclear venture between General Electric Co., and Hitachi – to build six reactors each, reports NDTV.

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Posted on by Gunjan Bagla
Gunjan Bagla
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. Amritt is the trusted advisor for India market research, India business development, India market entry, Global Engineering, Global Technology Scouting, India R&D and Open Innovation. Gunjan is author of "Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market" (Hachette Book Group, 2008), Amazon's top rated title on the subject. He has appeared as the India Expert on BBC Television, Bloomberg TV, Fox Cable Business and has been quoted in the New York Times, the Los Angeles Times, the Hollywood Reporter and Business Week for his expertise on India.

1 comment

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