The USIBC Digital Economy Committee aspires for results through thought leadership, providing the premier platform between business leaders and their government counterparts in the U.S.-India digital economy corridor. The Committee formulates an annual work plan with our members that prioritizes issues, and develops engagement strategies that leverage direct interactions with government officials, and supports bilateral platforms such as the U.S.-India ICT Dialogue and the U.S.-India Cyber Dialogue.
We also organize roundtable discussions and conferences in both the United States and India, and where appropriate, work with other stakeholders from academia, civil society, and the media. In addition, the Committee leads industry trade missions to and from India to advocate for digital investment, trade and policy reforms to promote the socio-economy benefit of information, communications and advanced technology in both nations.
Promoting Human Capital Development and Mobility
The Digital Economy Committee strongly encourages the free movement of all economic resources – data, investment, technology, and people. Both nations benefit from India IT talent, where U.S. university provide high-quality education to Indian students, and companies benefit from hiring Indian talent in both the United States and in India. We will continue to promote and advocate for reforms to U.S. immigration policy that benefit both nations by connecting Indian needs for access to hi-tech higher education with U.S. demands for hi-tech skills in its domestic market.
Standards and Regulatory Reform
Success in the global marketplace requires the development and use of global standards, testing, and compliance regimes. India is in the process of developing multiple, overlapping regulatory schemes to ensure conformity, security, and environmentally sound disposal of electronics. The Digital Economy Committee strongly advocates for India to recognize global testing and compliance norms, and eliminate duplicate and burdensome requirements which undermine “Make in India” by increasing costs and disrupting global supply chains.eCommerce
The Council is engaged in an ongoing campaign to advocate for 100% foreign direct investment (FDI) in business to consumer e-commerce, and facilitate global trade via e-commerce platforms. These reforms will boost employment, infrastructure development, exports, and sourcing from local manufacturers while offering Indian consumers a greater variety of goods at affordable prices.
Supporting G2G Engagement
Hosted several VIP engagements and bilateral interactions, including the U.S. – India Cyber Dialogue – designed to educate decision-makers on both sides, and provide fact-based insight into the implications of policy and regulation. This includes support for law enforcement cooperation between the two countries. We continue to work with both governments to advocate for a balanced approach that facilitates investment, innovation and job creation.
National Digital Communications Policy
Worked with policy makers to promote light-touch and technology-driven communication policy, including reform of the country’s satellite communications policy.Company support
Provided individualized, company-specific support on localized issues, including taxes, customs, municipal regulations, et al.