India-US Economic Summit to discuss bilateral trade

Leaders from business, government and academia will deliberate on ways to enhance bilateral trade and investments between India and the US during a two-day summit. The chamber’s North India council is hosting the function.

• Starting from September 13, the Indo-US Economic Summit “will deliberate on augmenting the existing two-way trade to $500 billion and will focus on sectors that foster growth,” Indo-American Chamber of Commerce said in a statement. The chamber’s North India council is hosting the function.

• It will be will be inaugurated by US Ambassador to India Richard Verma and will be addressed by Union Ministers, including Information & Broadcasting Minister Venkaiah Naidu and Food Processing Industries Minister Harsimrat Kaur Badal along with global CEO’s and top executives.

• The summit will bring together more than 250 people, who are thought leaders from business, government, civil society and academia. “As the Indian economy further globalises and expands, the Summit will provide a valuable opportunity to assess developments across India-US trade relationship, economy and society,” Lalit Bhasin, Summit Chair and Regional President, IACC-NIC said.

Indo-American Chamber of Commerce (IACC)

• The Indo-American Chamber of Commerce (IACC), established in 1968, is the apex bi-lateral Chamber synergizing India-US Economic Engagement. IACC has pan India presence with 2400 members at 12 locations, representing cross section of US and Indian Industry.

• The major objective of IACC is to promote Indo-American business, trade and economic relations. IACC promotes bilateral trade, investment and technology transfer, facilitates business collaborations, joint ventures, marketing tie-ups and strategic alliances through a set of proactive business-oriented initiatives.