IACC ANNUAL CONVENTION IN MUMBAI

Unleashing US India Economic Synergy

August 22^nd and 23^rd 2016

Policy makers, India Inc. bid for more Indo-US Economic Synergy

Top policy makers & business leaders will participate in the Annual Convention of the Indo-American Chamber of Commerce

by Suman Gupta  

Mumbai August 17, 2016:  The Indo-American Chamber of Commerce will be organizing a two-day Convention involving top policy makers and business leaders to deliberate on "Unleashing Indo-US economic synergy." The Convention will be held on Aug 22/23 at the Trident, Nariman Point.

IACC believes that stronger economic ties with the USA will boost India’s GDP and Per Capita income.

The Convention is significant since both Indo-US trade and investment have immense potential. These two of the world’s largest democracies have complementary strengths and capabilities that can make the combined vision and ambition of USD 500 billion bilateral, trade a reality. Not only will this drive the growth of two large and vibrant economies, but will cement cross-sectoral links between them.

The objective of the Convention is to be a catalyst to achieve these objectives and increase investments. PwC is the Knowledge Partner for this Convention.

The two-day Convention will provide a platform to business leaders and policy makers, to communicate on various sectors such as banking and financial services, defence & aerospace, infrastructure, heavy industries, railways, energy, oil & gas, chemicals & pharmaceuticals among others.

The Convention will deliberate on promoting Indo-US Synergy to promote joint ventures,
co-development, co-production, and technology transfer for both sustainable and inclusive growth. 

IACC National President and Convention Chair, Dr. Lalit Kanodia said "India needs around 1.6 trillion USD worth of investment by 2025 to achieve its winning leap growth. A majority of this investment will be directed to sectors like technology, infrastructure, services, Defence and Aerospace, all of which are poised for huge growth. We are certain that Indo-US bilateral trade can play a significant role in boosting this growth".

Prominent policy makers expected to attend the convention include, Mr. Nitin Gadkari, Mr. Anant Geete, Mr. Suresh Prabhu, Mr. Piyush Goyal and Mr. Ashok Lavasa among others.

Business delegates include Mr. A M Naik, Ms. Arundhati Bhattacharya, Mr. Chris Hickman, Dr. Dinesh Keskar, Mr. S Ramadorai, Dr. Habil Khorakiwala, Mr. Hemant Kanoria, Mr. Vinayak Deshpande and others will be attending the Convention.

About Indo American Chamber of Commerce:

Started by Ambassador Chester Bowles along with Industry leaders and visionaries like Mr. S. L. Kirloskar, Mr. A. M. M. Arunachalam, Mr. H. P. Nanda, Mr. Ambalal Kilachand, Mr. Harish Mahindra, Mr. Frederick Fales and Mr. John Oris Sims, the Indo-American Chamber of Commerce (IACC), established in 1968, is the apex bi-lateral Chamber synergizing India-US Economic Engagement. The major objective of IACC is to enhance the bilateral economic partnership. Today IACC has pan India presence with 2400 members at 12 locations, representing cross section of US and Indian Industry.