Diabytes
US India Business Council News
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India and US are likely to partner on 5G network, US India Business Council (USIBC) President Nisha Biswal said on Thursday, adding that technology sector is a "very important area" of collaboration between our two countries.
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India's liberalisation across numerous sectors of its economy sends a clear message to the global investment community that the country is open for business and reforms are also on-track, a top US advocacy group has said.
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India's liberalisation across numerous sectors of its economy sends a clear message to the global investment community that the country is open for business and reforms are also on-track, a top US advocacy group has said.
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Modi said as India marches ahead on the path of development, it needs to learn from the America experience, in particular its entrepreneurship, technological advancement and products which ranges from drugs to drones.
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PepsiCo Chairman Indra Nooyi and Hindustan Times Group chairperson Shobhana Bharatia have been presented with the 2015 Global Leadership Award of the US India Business Council, for their commitment to driving a more inclusive global economy and their roles as women leaders.
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John T Chambers, Executive Chairman of Cisco, has been elected as the new chairman of the US India Business Council (USIBC), the apex advocacy group for India and American companies in the US.
This decision reduces tax uncertainty for FIIs and will result in increased investment into India, the USIBC said in a statement.
"What we are hearing from our companies that India story is strong. The slowdown in China is making India story much much stronger," Mukesh Aghi, president of the US India Business Council (USIBC) said.
Prime Minister Narendra Modi will arrive in the United States on Friday aiming to woo corporate titans and crown a burst of investment-focused diplomacy, while marking a personal victory for a man who was for years unwelcome in the country.
The US India Business Council (USIBC) has sought an increase in FDI cap in key sectors like insurance and defence in Modi government's maiden Budget to be presented on Wednesday.
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