USIBC News

The theme for this year’s India Ideas Summit is ‘Building a Better Future’. The virtual summit is being hosted by the US-India Business Council. This year marks the 45th anniversary of the formation of the Council.

The theme for this year’s India Ideas Summit is ‘Building a Better Future’. The virtual summit is being hosted by the US-India Business Council. This year marks the 45th anniversary of the formation of the Council.

Reacting to his selection, the India-born Google CEO said he was "grateful to the USIBC for its leadership and for this honour".

Abbott CEO Mikes White and former CIA director Michael Hayden and ex-national security advisor Stephen Hadley were also inducted in the USIBC on Thursday.

This is Chambers' first investment in a startup outside of the US.

Asserting that India is now a better place to do business with because of the series of steps being taken by the government in the last three years, Jaitley said procedures have been simplified.

US Vice President Mike Pence has expressed his desire to visit budget carrier SpiceJet's office on his trip to India in a meeting with the airline's chief Ajay Singh.

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.

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.

A top American business advocacy group has urged President-elect Donald Trump to invite Prime Minister Narendra Modi on a state visit to the US in the first year of his administration.

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.

With Modi's upcoming visit to Washington DC in early June, USIBC believes that this is an opportune time to reflect upon the successes of the US-India strategic and commercial partnership.

Indian government has "privately reassured" industry lobby group US-India Business Council that the country would not invoke 'compulsory licensing' for commercial purposes that could allow local drugmakers to make cheaper products by overriding patents of big global players.

The US-India Business Council (USIBC) Thursday said the liberalisation of India's FDI policy in over a dozen sectors will further improve ease of doing business and boost investments in the country.

The 12 countries Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the US and Vietnam constitute 40 per cent of the global economy.

The Silicon Valley is perfectly poised to help transform India into a more networked and connected society, a top American industry advocacy Friday said.  

Seeking "predictability" in India's economic reforms, MasterCard's Indian-American CEO Ajay Banga, representing the top US firms having businesses in India, said he would like to see improvement in ease of doing business.

United States Secretary of State John Kerry has said that the climate for bilateral investment and trade has never been better and that is true to everything from clean energy to aerospace to fiscal services and investment.

United States Vice-President Joe Biden has said their goal is to become India`s best friend and both the nations should work together as strategic partners to bring about a safer and prosperous world.

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.