Monday, 05 Oct 2026 Breaking: "Iran must come to terms with US or face military consequences": Israeli envoy warns Tehran over proxy attacks
BREAKING: Apple launches AI platform | Tesla earnings beat estimates | Nvidia stock surges | Bitcoin crosses major resistance
National

Gujarat CM Bhupendra Patel holds meetings with leaders of Kyndryl, BlackRock, Holtec in New York

Gujarat CM Bhupendra Patel holds meetings with leaders of Kyndryl, BlackRock, Holtec in New York

Gandhinagar (Gujarat) [India], August 21 (ANI): Gujarat Chief Minister Bhupendra Patel held one-to-one meetings with leaders from various sectors in New York on the fifth day of his US visit ahead of Vibrant Summit 2027, with discussions focusing on AI strategies, asset management, ETFs, GIFT City and nuclear technology
As part of these meetings, Patel held discussions with Xerxes Cooper, Global Head of Delivery at Kyndryl, one of the world's largest IT infrastructure service providers.
During the meeting, Cooper expressed interest in collaborating with the state government on AI strategies, skilling and knowledge-sharing for students and startups, and mentorship.
Patel highlighted that Gujarat is emerging as a preferred investment destination for next-generation sectors such as semiconductors, electronics, digital infrastructure, AI, data centres and advanced manufacturing.
He also briefed Cooper on Gujarat's role as a growth engine and production hub across various sectors and extended an invitation to participate in the Vibrant Summit to be held in January 2027.
Patel also held a one-to-one meeting with Samara Cohen, Senior Managing Director and Global Head of Development at BlackRock, a global leader in asset management and Exchange-Traded Funds (ETFs).
Headquartered in New York and established in 1998, BlackRock operates in more than 100 countries. Cohen briefed Patel on BlackRock's expertise in asset management, digital investment platforms, risk management and infrastructure investment, making it a potential partner for India's growing economy.
Patel held detailed discussions on GIFT City in Gujarat, established under the vision of Prime Minister Narendra Modi, and its financial ecosystem as an international Fintech hub. He also highlighted the presence of several US-headquartered Fintech companies and banks operating from GIFT City.
Highlighting GIFT City's potential to become a global hub for ETFs and asset management, the Chief Minister invited BlackRock to expand its services in GIFT City and participate in the upcoming Vibrant Summit.
As part of his one-to-one meetings, Patel also met with the CEO of Holtec International. Established in South Jersey in 1986, Holtec International primarily provides fuel storage solutions for nuclear power plants.
Holtec has established a precision fabrication facility in Gujarat to meet the growing demand for air-cooled condensers and expanded the facility in 2025. The company has also expressed interest in setting up a manufacturing facility for Small Modular Reactors (SMRs) and a research and development centre in Gujarat.
Patel outlined to Holtec during the meeting that the state government has identified nuclear power equipment, including Small Modular Reactors (SMRs), as a thrust area under the recently announced Industrial Policy-2026.
The meeting also included discussions on how Holtec International's partnership with Gujarat could further strengthen the state's nuclear technology and production ecosystem.
Chief Secretary M K Das and senior secretaries from the Gujarat delegation were present at the one-to-one meetings. (ANI)

Tags

Related News

Haryana CM participates in SING Forum in Singapore, highlights state’s investment potential
National
Haryana CM participates in SING Forum in Singapore, highlights state’s investment potential

<p>Singapore, October 5 (ANI): Haryana Chief Minister Nayab Singh Saini, while participating in the Fireside Chat at the...

47 Odisha students visiting Himachal under Youth Exchange Programme meet Chief Minister
National
47 Odisha students visiting Himachal under Youth Exchange Programme meet Chief Minister

<p>Shimla (Himachal Pradesh) [India], October 5 (ANI): A group of 47 students from 32 districts of Odisha, who are curre...

Justice Nitin Wasudeo Sambre appointed Acting Chief Justice of Delhi High Court
National
Justice Nitin Wasudeo Sambre appointed Acting Chief Justice of Delhi High Court

<p>New Delhi [India], October 5 (ANI): Justice Nitin Wasudeo Sambre has been appointed as the Acting Chief Justice of th...

"Initial task was to shake up Uttarakhand Congress": Harish Rawat says ready to join party-led campaigns after Jan Samvad Yatra
National
"Initial task was to shake up Uttarakhand Congress": Harish Rawat says ready to join party-led campaigns after Jan Samvad Yatra

<p>Haldwani (Uttarakhand) [India], October 5 (ANI): Former Uttarakhand Chief Minister and Congress leader Harish Rawat o...

Haryana players win 14 of India’s 21 gold medals at Asian Games, Chief Minister Saini lauds efforts
National
Haryana players win 14 of India’s 21 gold medals at Asian Games, Chief Minister Saini lauds efforts

<p>Chandigarh (Haryana) [India], October 5 (ANI):  With athletes from Haryana making substantial contribution in India’s...

Defence Minister Rajnath Singh bats for Sanskrit, Vedic mathematics in schools
National
Defence Minister Rajnath Singh bats for Sanskrit, Vedic mathematics in schools

<p>Ayodhya (Uttar Pradesh) [India], October 5 (ANI): Defence Minister Rajnath Singh has emphasised the importance of San...