Washington: Aimed at promoting an agenda for progress with India, the 38th Anniversary Leadership Summit of US-India Business Council on July 11 will focus on ways to make the bilateral partnership between the two largest democracies of the world not only stronger but also beneficial to both, USIBC said.
    
To be attended by who's who of the Indian and American corporate sector and Cabinet level officials from both the countries, the summit will present its 38th Anniversary Global Leadership Awards to Louis Chênevert of United Technologies, and to Analjit Singh of Max Healthcare.
    
"The award denotes industry-wide appreciation for the commitment companies are making to the advancement of US-India commercial ties," USIBC said in a release on Sunday.
    
The meeting will feature senior India leaders including the Union Finance Minister P Chidambaram,  the Union Commerce Minister Anand Sharma, and the Deputy Chairman of the Planning Commission Montek Singh Ahluwalia.
    
Newly appointed United States Trade Representative Michael Froman will deliver keynote remarks on behalf of the Obama Administration.
    
The Summit, themed Agenda for Progress, will focus on ways to make the US-India partnership stronger, to the benefit of both countries.
    
"India is a long-term business opportunity that holds tremendous opportunities for industry. We are looking forward to productive meetings that bring together both governments and US and Indian business leaders to discuss proactive ways to eliminate investment barriers and deepen commercial ties. The result will be economic growth and job creation for both countries," USIBC president Ron Somers said.
    
In a statement, USIBC said that it will also release a new publication titled "Investing in America, How India Helps Create American" Jobs during the meeting, to demonstrate the ways the American economy is already benefiting from the successful bilateral and business relationship.

(Agencies)

Latest News  from Business News Desk