rediff.com

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  

Rediff News  All News 
Rediff.com  » Business » Shinde, Sharma, Abdullah to visit Chicago

Shinde, Sharma, Abdullah to visit Chicago

September 19, 2011 11:01 IST
Indian Power Minister Sushil Kumar Shinde, Commerce and Industry Minister Anand Sharma and Renewable Energy Minister Farooq Abdullah will travel to Chicago on Tuesday, the eve of the US-India Economic opportunities and Synergies Summit being held in Chicago.

The centennial summit of the prestigious Executives Club of Chicago is being held in collaboration with the Federation of Indian Chambers of Commerce and Industry and the Chicago Council on Global Affairs at the Fairmont Hotel on Tuesday.

The annual event being organised by FICCI focuses on the investment potential offered by India's infrastructure sector, which is projected to require $1 trillion over the coming years to sustain the country's economic growth rate.

The event also looks to find ways to enhance trade, political and economic relations between India and the United States.

India is seeking coal blocks overseas as it has been unable to meet capacity addition targets necessary to satisfy high domestic demand.

Notably, Shinde will hold a press conference at the Fairmont Hotel on Tuesday evening and will not be present for the event.

Chicago Mayor Rahm Emanuel is scheduled to speak at the summit on Wednesday.

Also present will be recently appointed Indian Ambassador to the US Nirupama Rao, Consul General of India in Chicago Mukta Dutta Tomar, Secretary of Civil Aviation S N A Zaidi and Chicago Council on Global Affairs President Marshall Bouton, besides other American and Indian corporate executives.

FICCI president Harsh Mariwala will lead the 20-member delegation.

Others participants in the forum are Bharti Enterprises Vice-Chairman and Managing Director Rajan Bharti Mittal, JK Paper Limited Managing Director Harshpati Singhania and Kanoria Chemicals and Industry Ltd Chairman and Managing Director R V Kanoria.

The FICCI delegation will later visit New York to attend the Eighth Annual Institutional Investors' Forum on Wednesday organised by FICCI, where Finance Minister Pranab Mukherjee will speak.

© Copyright 2014 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.