'The die is cast. The wave is for her.' 'We will win this. The numbers are going to be higher than people are saying.' 'It is going to be more closer to Obama's numbers than Biden's numbers.'
In an interview with Business Standard, USIBC president Ron Somers explains the significance of the the US-India partnership.
The USIBC has encouraged a streamlined implementation of the GST.
The Narendra Modi-led government's functioning in its first week has offered a renewed sense of optimism even as no major policy decision or economic reforms have been announced, according to the US corporate sector.
The Finance Minister said as a result of India's economic reforms, a number of Indian companies have grown in size and stature and at times tend to compete with the US companies.
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.
Modi assured US investors that in the next six months, he would implement all the things necessary for ease of business in the country.
'At the heart of the strategic relationship between our countries are economic ties.'
US Deputy Secretary of State Williams J Burns said that several Indian leaders -- both business and political -- educated in the US are testament to the quality of an American education.
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.
United States President Barack Obama will visit Mumbai on November 6, during his four-day mission to India, US-India Business Council announced on Monday.
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.
USIBC urged a serious evaluation of a more specialised bilateral economic arrangement.
The last meeting of the 2+2 was held in New Delhi and the next meeting is to be hosted by the US in Washington, DC.
Amendment to the Income Tax Act with retrospective effect made by the United Progressive Alliance government in 2012 to protect revenue had evoked sharp reactions from domestic as well as global investors.
He said Sun Pharmaceutical will continue in manufacturing , infrastructure as well in Research and Development
Speaking about the issue in India in March 2012 at a media conclave, Kissinger defended his use of unparliamentary language while referring to Prime Minister Indira Gandhi.
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.
Apparently Human Resources and Development Minister Kapil Sibal -- the Harvard-educated, erstwhile Wall Street lawyer -- still occasionally pines for the United States, going by his waxing nostalgic for the opportunities America afforded him during the time he spent in Cambridge, Massachusetts and the Big Apple.
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.
India should be given credit for helping America recover from the economic crisis, says S Jaishankar, India's new Ambassador to the US.
Harold "Terry" McGraw III, chairman, president and chief executive officer of The McGraw-Hill Companies, has been elected as the chairman of the US India Business Council.
USIBC President slams India for suspending its decision to open the multi-brand retail sector to foreign direct investment.
The prime minister said that a larger Indian economy has multiple benefits for the world
Govt is looking at problem solving than structural reforms to address economic issues.
There are huge opportunities for US companies to invest in India, he said in Washington, DC.
'Every type of deal that US government officials were privately indicating 'hope' to have included a few months back made it in.'
US Commerce Secretary Carlos Gutierrez has said that with the signing of the historic and landmark US-India civilian nuclear deal it is now imperative that India move quickly to enact nuclear liability protection to envisage the private sector of both countries to engage in business.
'India will succeed. I know this past year has caused a lot of concern, but this year is over and by elections we will achieve our ambitious economic agenda.'
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.
The US-India Business Council (USIBC) in coordination with the Confederation of Indian Industry (CII) and Federation of Indian Chambers of Commerce & Industry (Ficci) is preparing a list of invitees for the business summit to be addressed by visiting US President Barack Obama.
The USIBC, which works for strengthening US-India commercial ties, is a premier business advocacy organization representing 250 of the largest US companies investing in India joined by two dozen of India's largest global companies.
In a pre-budget memorandum, submitted to the Union Finance Minister, P Chidambaram, the US India Business Council said it was concerned over the several recent policy initiatives of the Indian government in this regard.
There's a strong sense inside the Democratic leadership that if you care about India, now is the time to stand up for it, says Graham Wisner, counsel at the top international lobbying firm Patton Boggs.
In a meeting hosted by US India Business Council on Thursday night, the American industry leaders also discussed with Subbarao the need for maintaining 100 per cent foreign ownership of wholly-owned subsidiaries, and transparent priority sector lending norms.
Like in any expanding relationship, there will always be transactional issues to address between the two sides, says Rao.
India open for investment; US ready to move in: USIBC chief.
The Indian government's identification of two 'greenfield' sites for commercial nuclear development, that will utilise US technology has been welcomed by the US-India Business Council (USIBC).
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