FOR IMMEDIATE RELEASE
February 1, 2018
U.S.-India Business Council's Biswal Comments on India’s 2018-19 Union Budget
WASHINGTON, D.C. — U.S.-India Business Council (USIBC) President Nisha Biswal today issued the following statement following the release of India’s 2018-19 Union Budget in Parliament:
“USIBC believes the government of India has once again displayed its commitment to areas that will benefit India’s growth and prosperity for many years to come. Infrastructure development, access to health care, affordable housing, energy, and education for all citizens form the backbone of any growing economy. USIBC is pleased to see that this budget contains many of our recommendations in these critical areas. American industry is committed to growing, strengthening, and sustaining these areas of collaboration with India. “In the last three years, India has been on a robust path to growth, backed by a strong economic reform agenda. In 2018, USIBC’s goal is to keep up the momentum of the U.S.-India commercial partnership by prioritizing policies that ensure greater ease of doing business, promote certainty, transparency, and predictability in decision-making to ultimately, unlock greater growth and investment opportunities for businesses in both nations.”
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 350 top-tier U.S. and Indian companies advancing U.S.-India commercial ties. USIBC is the largest bilateral trade association in the United States, based in Washington, D.C., with a global presence in New York, San Francisco, New Delhi, and Mumbai.
The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations. Its International Affairs division includes more than 80 regional and policy experts and 25 country- and region-specific business councils and initiatives. The U.S. Chamber also works closely with 117 American Chambers of Commerce abroad.
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