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Industry body CII leads CEOs delegation to revitalize US-India economic relations
A CII CEO's delegation led by Ajay Shriram, President CII & Chairman and Senior Managing Director, DCM Shriram Ltd is in the US from July 23-25, 2014, as part of CII's ongoing commitment to bolster the US-India economic partnership. CII delegation arrives at a particularly pertinent time with the new Indian government taking positive strides towards revitalizing the Indian economy.

Shriram will be accompanied by Dr Naushad Forbes, Vice President, CII and Director, Forbes Marshall Private Limited; Chandrajit Banerjee, Director General, Confederation of Indian Industry; Vikram Kirloskar, Vice Chairman, Toyota Kirloskar Motor Private Limited and Rajan R Navani, Chairman, CII National Committee on India@75 and Managing Director, Jetline Group of Companies.

According to a CII statement, as part of an annual goodwill mission, this year, the CEOs mission seeks to convey to stakeholders in the US a sense of optimism amongst Indian Industry with regard to the policies and messages emanating from the new government, as well as an understanding of the new and emerging business opportunities for US-India collaboration.

The recent announcement of the Union Budget 2014-15 has been praised by CII as directional and pragmatic, laying out an extensive roadmap for stability and job creation. As the new government emphasizes its commitment to regain India's stature as an attractive destination for foreign investors, CII continues to stress the tremendous potential for engagement between US and India in critical areas such as defense, infrastructure, clean energy, higher education, skills development as well as innovation and entrepreneurship cutting across various sectors.

In particular, the increasing importance of science and technology in the bilateral partnership has led to CII partnering with the US to organize the 20th edition of the Technology Summit in New Delhi from 18-19 November, 2014 in collaboration with the Department of Science and Technology, Government of India.

While in Washington DC, the CII delegation will meet various high level officials from the government agencies such as USTR, US Department of State, Department of the Treasury, Department of Defense, National Security Council.

Other meetings on the agenda include interactions with Members of US Congress and with business leaders from the US India Business Council. In addition, CII will hold a public program in partnership with the Carnegie Endowment for International Peace, where the delegates will discuss promising developments for the Indian economy following its recent watershed election results and the future direction of the India-US bilateral partnership.

The CEOs mission comes just ahead of the expected resumption of several bilateral dialogues. The delegation will thus hold preliminary consultations with key US stakeholders relating to various upcoming developments including the US-India Strategic Dialogue, the visits of several high level Cabinet officials to India and finally the visit of Prime Minister Narendra Modi to the US.

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