Senior officials from India and the U.S. Governments as well as top business leaders gather to welcome the newly-strengthened U.S.-India ties
January 10, 2015 - Ahmedabad, India - The U.S.-India Business Council (USIBC) and Confederation of Indian Industry (CII) today hosted a joint dinner in Ahmedabad to welcome the new U.S. Ambassador to India, Richard Rahul Verma, on the eve of the 7th edition of the Vibrant Gujarat summit.
U.S. Ambassador to India, Richard Verma, Arun Kumar, Assistant Secretary, U.S. Department of Commerce, and Thomas Vajda, U.S. Consul General, Mumbai were also present on the occasion. The Hon’ble Saurabh Bhai Patel, Minister of Finance, Government of Gujarat, as well as several other senior government officials also attended the dinner, along with other distinguished invitees from the US and India. This included the 130-member strong Executive Business Delegation led by USIBC for the Vibrant Gujarat 2015 Summit.
Welcoming U.S. Ambassador Verma and his U.S. delegation colleagues, USIBC Chairman Ajay Banga, President & CEO of MasterCard said, “I am pleased to welcome Rich Verma as U.S. Ambassador to India as a new generation of leadership in India is rekindling hopes for India’s future, including the future of India and U.S. bilateral relations. The importance of advancing the strategic and economic ties we share cannot be overstated.”
Diane Farrell, Acting President, USIBC, added, “USIBC members are very appreciative to the Ambassador for his remarks this evening. Having been in his post for less than two weeks, his personal commitment to strengthening the U.S-India economic relationship, give a strong indication of his considerable capabilities as a top diplomat in Delhi.”
Mr. Chandrajit Banerjee, Director General of CII, mentioned, “As India takes bold, brave and transformational steps towards development, immense opportunities would arise for the U.S. and India to collaborate by not only aligning our economies for a sustainable mutual growth trajectory, but also emerging truly as friends and partners in the global foreign policy arena.”
“Both the governments are now taking efforts to create a mutually beneficial agenda that will broaden and deepen our trade and investment aligning with India’s ambitious developmental agenda as well as U.S. business economic interests, “ noted CII President Ajay S. Shriram.
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.
About Confederation of Indian Industries (CII)
CII is a non-government, not-for-profit, industry-led and industry-managed organization, playing a proactive role in India's development process. Founded in 1895, India's premier business association has over 7200 members, from the private as well as public sectors, including SMEs and MNCs, and an indirect membership of over 100,000 enterprises from around 242 national and regional sectoral industry bodies. With 64 offices, including 9 Centres of Excellence, in India, and 7 overseas offices in Australia, China, Egypt, France, Singapore, UK, and USA, as well as institutional partnerships with 312 counterpart organizations in 106 countries, CII serves as a reference point for Indian industry and the international business community.
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