Washington, DC - October 17, 2014 -The U.S.-India Business Council (USIBC) announced its participation as a Partner Organization with the Government of Gujarat for the Vibrant Gujarat 2015 Summit being held Gandhinagar, Gujarat in January 2015. This will be USIBC's fourth, and most prominent, Vibrant Gujarat Summit as it will lead a U.S. delegation of Fortune 500 CEOs and senior executives derived from its 300 plus member companies. USIBC Acting President Diane Farrell added, "USIBC is pleased to once again be a part of the Vibrant Gujarat Summit, having long supported the pro-business environment of the state. The Summit provides a fantastic opportunity for our member companies to enhance their association in fields ranging from infrastructure to tourism, education to entertainment. "
USIBC's participation comes on the heels of hosting Prime Minister Modi's high-profile address to the U.S. business community in Washington, DC on September 30, 2014. During which the Council indicated that India could receive $41 billion plus from U.S. companies over the next 2-3 years.
Since its inception in 2003 the Vibrant Gujarat Global Investors' Summit has brought together global thought leaders, policy makers, academia, investors and industrialists on a common platform in an effort to showcase India's potential as a business partner. Farrell noted that, "USIBC's engagement with Vibrant Gujarat began in November 2008 and we have seen in our many years of participation that the Summit is a wonderful opportunity for our members and the business community to reinforce the relationship with the State of Gujarat and increase bi-lateral trade between the two nations."
The Council congratulates the Government of Gujarat on its continued commitment to hosting this important globally focused event and looks forward to the valuable insights and relationships the delegation will gain by attending the Summit.About USIBC
Formed in 1975 at the request of the U.S. and Indian governments, the U.S.-India Business Council (USIBC) is the premier business advocacy organization advancing U.S.-India commercial ties. Today, USIBC is the largest bilateral trade association in the United States, with liaison presence in New York, Silicon Valley, and New Delhi, comprised of 310 of the top-tier U.S. and Indian companies. The Chairman of USIBC is Ajay Banga, President and CEO, MasterCard.
For more information, visit www.usibc.com