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U.S.-India Business Council Welcomes Prime Minister Narendra Modi to the Silicon Valley Council and member companies support key initiatives such as Digital India, Start up India Stand up India and Skill India

Washington DC/San Jose, California, September 25, 2015— On the heels of its 40th Anniversary celebration featuring senior officials from the Government of India, the United States Government and senior business leaders, the Council will now host Prime Minister Narendra Modi in San Jose, California, on September 26, 2015, for a dinner reception.

The Council is partnering with the Embassy of India for this event, which will provide Silicon Valley-based companies an opportunity to interact with the Prime Minister and promote avenues for future collaboration with India.  

Speaking on the occasion, USIBC President Mukesh Aghi noted, “We are honored to be part of the Prime Minister’s visit to the west coast of the United States. Prime Minister Modi will be looking for investments, jobs, and a platform to tell the world that India is open to do business – especially in the technology field, where it already has an impressive $100 billion IT industry. We absolutely agree with the Prime Minister’s goal of making India a top 50 country for ease of doing business. Such a climate will be instrumental to attracting greater foreign investment to the country.”  

Speaking on the scope and plan of Digital India, Mukesh Aghi said, “All of the Prime Minister’s programs ultimately have a “digital” focus- Smart Cities, the national financial inclusion plan, Skill India and Start up India, Stand up India. Digital India is a vast and expansive vision and the key to fulfilling the economic and social progress of the nation. U.S. companies, especially those located in the Silicon Valley, have a great deal to bring to these efforts, beginning with their technology, capital, intellectual property, and desire to be long-term players in India’s future.”   Aghi concluded, “Today, around 15% of startups in Silicon Valley have been founded by Indians. They represent a cross border flow of ideas, information and knowledge as well as the progress of the U.S.-India partnership in recent years. This community is eager to be a part of India’s growth story and as a result, the Silicon Valley is perfectly poised to help transform India into a more networked and connected society. The Council and member companies are eager to support Prime Minister Modi’s initiatives in all ways possible. Together we can provide jobs, opportunity, and prosperity to both of our countries and this is the time to seize the opportunities and potential of our relationship.”

About the U.S.-India Business Council:  Formed in 1975 at the request of the U.S. and Indian governments, the U.S.-India Business Council is the premier business advocacy organization, comprised of top-tier U.S. and Indian companies advancing U.S.-India commercial ties. USIBC is the largest bilateral trade association in the United States, with liaison presence in New York, Silicon Valley, and New Delhi.    

Contact: Sukanya Sen- (202) 463-5836- ssen@usibc.com    

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