The US-India Business Council on Thursday announced the appointment of Ron Somers as the organisation's new president.
In an interview with Business Standard, USIBC president Ron Somers explains the significance of the the US-India partnership.
Ron Somers, founder and CEO of India First Group and the former President of leading business advocacy group US-India Business Council said that when Lok Sabha election results are declared on June 4, "I believe that Narendra Modi will win Parliament by the largest majority ever recorded in the country's history.
The comprehensive Senate immigration reform legislation, America Inc thinks, will adversely affect Indian IT companies and will have an inimical spillover impact on American firms too.
Despite the presence of renowned economists and entrepreneurs, it was Kiran Bedi, a retired police officer-turned activist, who stole the show at the Eighth Annual Indian Business Conference at the Columbia University last week. Suman Mozumder reports
USIBC is pulling together a similar advocacy team like what they did during the US-India civil nuclear initiative.
Some American lawmakers and organisations want to torpedo the H-1B visa program.
There is deep angst and growing concern by America Inc, over India's Preferential Market Access policy and fears that as a quid pro quo, lawmakers in the US Congress may limit or even prohibit the free movement of Indian technical professionals, including quashing efforts to expand the H-1 B visa program.
Corporate America has showered kudos on Finance Minister Pranab Mukherjee for his latest Budget, describing it as a 'very forward-looking confident budget'.
Gujarat and Karnataka are the "role models" of a competent and transparent government and a progressive leadership that can attract investors in the coming years, according to a leading US business forum representative.
Hires 2 former US ambassadors to India.
According to an official spokesman, it was also decided that some sectors would be identified for investment through which industry could be set up in minimum time.
Business leaders chart plans to boost two-way growth.
The American corporate sector has flayed the US government's move to increase visa fees for IT professionals, saying the bill is "discriminatory" against foreign companies and would undermine investment relations with India.
Ron Somers, president of United States-India Business Council, has termed the Indian government's rollback of foreign direct investment in the multibrand retail sector as yet another addition to the disappointments American business and industry has had to endure.
USIBC President slams India for suspending its decision to open the multi-brand retail sector to foreign direct investment.
Ron Somers, president of the US-India Business Council, said that the reason the USIBC is so keen to deepen linkages with India across the education sector is 'because our knowledge partnership with India depends on it.'
USIBC urged a serious evaluation of a more specialised bilateral economic arrangement.
Ron Somers, president, US-India Business Council, which lobbied to get the US-India nuclear technology deal approved, like the rest of the American business fraternity, is upset by India's recent purchase of nuclear reactors and sophisticated technology and weaponry from Russia.
India's top IT companies need to open new facilities in the United States to create more employment opportunities for locals and to change the perception that they were job-takers, a leading US business forum representative has said.
Ron Somers, president, United States-India Business Council speaks his mind about Indo-US tiff over outsourcing.
Ron Somers, president, US-India Business Council, discusses American business and industry's expectations and responsibilities from the Obama's visit.
Somers said, "Number one, the message has to be that now we are living in a global economy and that a knowledge partnership with India is enabling our American companies team with their Indian partners to remain globally competitive."
USIBC has seen exponential growth in the last five years, from just 80 companies as its members to now more than 350 top American companies, including scores of Fortune 500 and global Indian companies.
Ron Somers, president of the US India Business Council said with the US economy emerging from a devastating global recession, it was fortunate for the country to have India as a "vigorous trading partner".
The delay in the Nuclear Liability Bill, which has faced vehement protests by the Opposition in Parliament, has become a worrying factor for United States business and industry circles.
The uncertainty over the fate of the Civil Nuclear Liability Bill in Parliament has caused a considerable amount of concern to members of the United States-India Business Council, as some of them had lobbied feverishly in the US Congress to get the agreement approved.USIBC President Ron Somers voiced his concerns at an interaction with Foreign Secretary Nirupama Rao, during her six-day visit to the United States
Observing that voices of protectionism emanating from the political quarters, is an issue of concern for American businesses, an Indo-US chamber has said it believes that such trends need to be resisted.
There is growing concern in the American business and industry circles that despite their feverish lobbying to see the US-India civilian nuclear deal through, they may lose out to the French and the Russians -- who have already been provided sites by India -- while Americans firms wait for India to sign on to the International Convention on Civil Nuclear Liability, which these companies say is vital for them to protect their investments.
Ron Somers, president of the US-India Business Council, has said that the top priority on his organisation's wish list for the Obama Administration is that "we are intent on seeing a bilateral investment treaty executed between our countries."
The US-India Business Council has hailed American cooperation in India's first unmanned lunar mission Chandrayaan-I saying it marks the beginning of a new era of trust and partnership between the two countrys in the field of space exploration.
The Left Front government led by the Communist Party of India (Marxist) in West Bengal got tributes from the US-India Business Council.
Nambiar co-sponsored by the Aspen Strategy Group and the Confederation of Indian Industry, acknowledged that there was no question that "the defence realationship between the two countries is one of the strongest pillars."
Unocal Corporation of the United States has shelved its ambitious plans to export Bangladesh gas to India as Dhaka continued to drag its feet on taking a call on selling natural gas to New Delhi through a $1.2 billion pipeline.
"Satya Nadella is a perfect example of how appropriate, thoughtful immigration reform can benefit both our free-market democracies, says Ron Somers, president of the US-India Business Council.
Commerce Minister Anand Sharma on Wednesday sought to assure prospective American investors that India is a 'welcoming investment' destination where the climate is 'totally conducive' to such actions.
The United States has said it is "horrified" at reports of sexual violence and murders in India and it also applauded the role of individuals, government officials and civil society groups working to protect the survivors.
India open for investment; US ready to move in: USIBC chief.
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