March 2019 \ News \ Diplomecy
India-U.S. CEO Forum

India and the United States held India-U.S. Commercial Dialogue ....

Both sides appreciated the progress achieved under the Indian-U.S. State Spotlight Webinar Series. They noted the successful webinars conducted with the states of Odisha, Michigan, Washington, Texas, and West Bengal to highlight trade and investment opportunities in those states for U.S. and Indian companies. In an effort to ease the operations of U.S. companies in India, a fast track mechanism has been established, under which two roundtables were held in 2018 to address the concerns of these companies. In addition, three more roundtables were also conducted in 2018 with U.S. companies for resolution of sector-specific issues.

The CEO Forum was co-chaired by Chairman, Tata Sons, N. Chandrasekaran and President and CEO of American Tower Corporation, Mr James D. Taiclet. The two Governments were represented by Secretary, Department for Promotion of Industry and Internal Trade, Mr Ramesh Abhishek and US Ambassador in India Mr Kenneth Juster

The CEOs from both countries, after detailed deliberations, provided their recommendations relating to energy, water, environment, information and communication technology, emerging technologies, digital infrastructure, entrepreneurship and inclusive growth, promoting small business, and infrastructure and manufacturing. Both the Government representatives and CEOs expressed commitment to work together for benefit of commerce and industry in both the countries.

The US Department of Commerce has taken the initiative to organize Trade Winds event which will bring in a lot of SMEs having interest in India in May 2019. Both sides agreed to constitute a private sector led SME initiative on the side lines of this event.




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