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Donald Trump's India visit: Indian CEOs laud relaxed regulations in US

Both Ambani and Birla said acquisitions and business deals had become easier with faster clearances

Trump with Indian CEOs
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Trump interacts with Reliance Industries Chairman Mukesh Ambani during a meeting with business leaders at US embassy | PTI

Shreya Jai New Delhi
Close to a dozen chiefs of India Inc who met the United States President Donald Trump lauded him for relaxing regulations that improved the business environment. The President at the same time talked about his achievements during his Presidential term and pitched for his re-election.

Mukesh Ambani, chairman and managing director of Reliance Industries, said they were looking to invest close to $7 billion in the US. “We are the only Indian company that does not use Chinese components,” Ambani said, to which Trump quipped, “Huawei you mean?”

In May 2019, Trump ordered the blacklisting of Huawei, accusing it of

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