360° Coverage : Indian economic czars in US to woo investors

1 Updates
Indian economic czars in US to woo investors
Photo Credit: PRAKASH SINGH, Getty Images

Indian economic czars in US to woo investors

Jul 10 2013, 10:42am CDT | by

Washington, July 10 (IANS) With the Indian rupee in the doldrums, three top government leaders in charge of the Indian economy are converging on Washington to woo American investors by telling them that India is still a success story with tremendous opportunities.

Washington, July 10 — With the Indian rupee in the doldrums, three top government leaders in charge of the Indian economy are converging on Washington to woo American investors by telling them that...

Filed under: news

YouTube Videos

 
 
 

1 year ago

Indian economic czars in US to woo investors

Jul 10 2013, 10:42am CDT | by

Washington, July 10 (IANS) With the Indian rupee in the doldrums, three top government leaders in charge of the Indian economy are converging on Washington to woo American investors by telling them that India is still a success story with tremendous opportunities.

Washington, July 10 — With the Indian rupee in the doldrums, three top government leaders in charge of the Indian economy are converging on Washington to woo American investors by telling them that India is still a success story with tremendous opportunities.

Finance Minister P. Chidambaram arrived here Tuesday, Commerce Minister Anand Sharma lands here later Wednesday and Deputy Chairman of Planning Commission Montek Singh Ahluwalia would be here Thursday.

All three will be making a pitch for India and addressing US corporate leaders' concerns about the business climate in India at the 38th anniversary leadership summit here Thursday of the US-India Business Council (USIBC) representing over 350 US companies doing business with India.

Joining them would be business leaders from India and the US as they explore ways to remove investment barriers and deepen their commercial ties to achieve the full potential of their relationship.

Newly-appointed US Trade Representative Michael Froman too would address the conclave that would identify barriers to trade and investment and propose solutions to deepen the US-India commercial relationship which crossed $100 billion this year in two-way trade in goods and services, USIBC said.

"India is a long-term business opportunity that holds tremendous opportunities for industry," said USIBC president Ron Somers ahead of the conclave.

The USIBC summit, themed 'Agenda for Progress', will focus on ways to make the US-India partnership stronger, to the benefit of both countries," said USIBC, noting that Indian investment in the US recently touched $11 billion and helped create 100,000 American jobs.

US-India CEO Forum chairperson Ratan Tata of the Tata Foundation and Dave Cote of Honeywell will share their aspirations for a robust future of prosperity and job creation that will benefit both countries.

The CEO Forum will also hold a separate closed door session July 12 with the Indian side expected to raise issues like restrictive and discriminatory provisions in the US immigration reform bill, particularly those relating to H-1B visas for skilled Indian techies.

Chidambram and Anand Sharma are also expected to have bilateral meetings with US Treasury Secretary Jacob Lew and Froman, respectively.

USIBC will also release a new publication titled "Investing in America, How India Helps Create American Jobs" during the meeting, to demonstrate the ways the American economy is already benefiting from the successful bilateral and business relationship.

(Arun Kumar can be contacted at arun.kumar@ians.in)

IANS

Source: IANS

 

Don't miss ...

 

<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

blog comments powered by Disqus

Latest stories

Return as India's envoys, Modi to India-bound Japanese youth
Tokyo, Sep 2 (IANS) Prime Minister Narendra Modi Tuesday kicked-off a new initiative on training for Japanese youth started by Tata Consultancy Services (TCS) at its various facilities in India, asking them to return to Japan as India's ambassadors.
 
 
Scientists get ready for mock on-site nuclear inspection
Washington, Sep 2 (IANS) Some 40 scientists and technicians from around the world will descend on Jordan in November to take part in a simulated on-site inspection of a suspected nuclear test site on the banks of the Dead Sea.
 
 
Russian space 'sex geckos' found dead
Moscow, Sep 2 (IANS) Four female lizards and one male who were sent to space to understand the effects of weightlessness on sexual intercourse have died, the Russian Space Agency said in a statement.
 
 
Nigeria to get Japanese drug for Ebola treatment
Abuja, Sep 2 (IANS) Nigeria will soon get a Japanese drug to treat Ebola, the country's Health Minister Onyebuchi Chukwu said Monday.
 
 
 

Latest from the Network

Carrie Underwood announces pregnancy
Los Angeles, Sep 2 (IANS) Country star Carrie Underwood and NHL player Mike Fisher have announced that they are expecting their first child. Underwood and Fisher posted the news on their social media accounts Monday,...
Read more on Celebrity Balla
 
Look at India, Modi tells Japan
Tokyo, Sep 2 (IANS) Prime Minister Narendra Modi Tuesday hoped Japan will follow "Look at India" policy. "Just as India is focusing on Look East policy, we expect Look at India policy from Japan," Modi said, adding...
Read more on Politics Balla
 
Return as India's envoys, Modi to India-bound Japanese youth
Tokyo, Sep 2 (IANS) Prime Minister Narendra Modi Tuesday kicked-off a new initiative on training for Japanese youth started by Tata Consultancy Services (TCS) at its various facilities in India, asking them to return...
Read more on Politics Balla
 
Scientists get ready for mock on-site nuclear inspection
Washington, Sep 2 (IANS) Some 40 scientists and technicians from around the world will descend on Jordan in November to take part in a simulated on-site inspection of a suspected nuclear test site on the banks of the...
Read more on Apple Balla
 
Sam Smith was in love with straight man
Sam Smith fell in love with a straight man. The 22-year-old star - who opened up about his own sexuality earlier this year - has now revealed the man who inspired the heartbreaking lyrics to many of the tracks on his...
Read more on Celebrity Balla
 
Diana Ross hosts 'farewell barbecue'
Diana Ross hosted a ''farewell barbecue'' for Evan Ross and Ashley Simpson. The 70-year-old star threw the party for her son and his new bride the day after their wedding to wish them well on their journey into married...
Read more on Celebrity Balla
 
Family dinners protect kids from cyber-bullying
Toronto, Sep 2 (IANS) Make it a point not to miss family dinners to connect with your kids and help them cope with cyber-bullying. Like traditional bullying, cyber or internet bullying can increase the risk of mental...
Read more on Celebrity Balla
 
Maradona meets Pope at 'Match for Peace'
Rome, Sep 2 (IANS) Argentine football legend Diego Maradona briefly met Pope Francis, an avid football fan, before the start of 'Match for Peace' exhibition game and presented him with an Argentina shirt. Pope Francis...
Read more on Sport Balla
 
India committed to peace: Modi
Tokyo, Sep 2 (IANS) Prime Minister Narendra Modi Tuesday said that India is committed to peace and this commitment has "significance far above any international treaties or processes". "Commitment to peace and non-...
Read more on Politics Balla