Business Standard

SPONSORED CONTENT

What's this ?

Sponsored Content is a "Paid For" Press Release distribution arrangement. Purely a Commercial Arrangement, brands and advertisers pay to be featured and to get this content published.

The Editorial/Content team at Business Standard has not contributed to writing/editing this article.

To get your brand featured in this Section write to assist@bsmail.in

Finance Minister Nirmala Sitharaman discusses US-India commercial ties with USISPF Board members

ANI Press Release 

Tennis player James Blake
U.S.-India Strategic Partnership Forum (USISPF)

Washington DC [USA]/New Delhi [India], September 4 (ANI/BusinessWire India): The Finance Minister of India Nirmala Sitharaman on Thursday engaged in a virtual discussion with US-India Strategic Partnership Forum's (USISPF) Board of Directors on the occasion of its 3rd Annual Leadership Summit titled 'Navigating New Challenges'.

USISPF's week-long summit had included US and Indian government officials at the highest levels including Vice President Mike Pence on Monday, August 31st and an address by Prime Minister of India, Narendra Modi on September 3, 2020.

The USISPF Board of Directors is represented by 21 US and Indian CEOs whose businesses represent a market capitalization of USD 1.7 trillion, leading influencers of the Indian diaspora, prominent members of the foreign policy fraternity, and senior diplomats from both governments. The Forum's advisors include eminent leaders like General David Petraeus, Indra Nooyi, and former founding Vice-Chairman of Niti Aayog, Prof Arvind Panagariya.

Attendees at the meeting included: USISPF Chairman John Chambers; Ajay Banga, CEO, Mastercard; Charles Kaye, CEO, Warburg Pincus; Anish Shah, Deputy Managing Director & Group CFO, Mahindra; Shantanu Narayen, Chairman, President & CEO, Adobe; Robert Moritz, Chairman, PwC; Punit Renjen, CEO, Deloitte Global; Jim Umplebey, Chairman & CEO, Caterpillar among other fortune 500 leaders.

India continues to be a leading investment destination for US companies, having attracted investments over USD 20 billion in 2020. The discussion focused on ease of doing business in India; digitization & fintech; agriculture (including agricultural infrastructure); private sector participation across all the sectors of the Indian economy; skill development; healthcare; COVID-19 mitigating measures undertaken by the government & possible future course of actions; role of government spending in the infrastructure sector in the coming years; and manufacturing in India (with a special emphasis on the logistics sector in India).

The United States and India are key strategic partners in various fields including in the economic and financial sphere. The US-India economic and financial partnership is based on the key pillars of development for both the countries that includes robust capital flows, and economic cooperation on issues of global importance. Given the current situation due to COVID-19 outbreak, the Finance Minister welcomed US companies' investment and partnership with India, especially in the manufacturing and infrastructure sectors.

"We believe investments from US companies will create new jobs, facilitate financial inclusion, and broad-based economic development for the Indian economy. It is encouraging to hear the Honorable Finance Minister's commitment to provide a red-carpet welcome for long-term US investments in the Indian market," said USISPF President & CEO, Dr Mukesh Aghi, on the occasion.

This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article. (ANI/BusinessWire India)

DISCLAIMER


(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, September 04 2020. 23:30 IST
RECOMMENDED FOR YOU

Finance Minister Nirmala Sitharaman discusses US-India commercial ties with USISPF Board members

Washington DC [USA]/New Delhi [India], September 4 (ANI/BusinessWire India): The Finance Minister of India Nirmala Sitharaman on Thursday engaged in a virtual discussion with US-India Strategic Partnership Forum's (USISPF) Board of Directors on the occasion of its 3rd Annual Leadership Summit titled 'Navigating New Challenges'.

Washington DC [USA]/New Delhi [India], September 4 (ANI/BusinessWire India): The Finance Minister of India Nirmala Sitharaman on Thursday engaged in a virtual discussion with US-India Strategic Partnership Forum's (USISPF) Board of Directors on the occasion of its 3rd Annual Leadership Summit titled 'Navigating New Challenges'.

USISPF's week-long summit had included US and Indian government officials at the highest levels including Vice President Mike Pence on Monday, August 31st and an address by Prime Minister of India, Narendra Modi on September 3, 2020.

The USISPF Board of Directors is represented by 21 US and Indian CEOs whose businesses represent a market capitalization of USD 1.7 trillion, leading influencers of the Indian diaspora, prominent members of the foreign policy fraternity, and senior diplomats from both governments. The Forum's advisors include eminent leaders like General David Petraeus, Indra Nooyi, and former founding Vice-Chairman of Niti Aayog, Prof Arvind Panagariya.

Attendees at the meeting included: USISPF Chairman John Chambers; Ajay Banga, CEO, Mastercard; Charles Kaye, CEO, Warburg Pincus; Anish Shah, Deputy Managing Director & Group CFO, Mahindra; Shantanu Narayen, Chairman, President & CEO, Adobe; Robert Moritz, Chairman, PwC; Punit Renjen, CEO, Deloitte Global; Jim Umplebey, Chairman & CEO, Caterpillar among other fortune 500 leaders.

India continues to be a leading investment destination for US companies, having attracted investments over USD 20 billion in 2020. The discussion focused on ease of doing business in India; digitization & fintech; agriculture (including agricultural infrastructure); private sector participation across all the sectors of the Indian economy; skill development; healthcare; COVID-19 mitigating measures undertaken by the government & possible future course of actions; role of government spending in the infrastructure sector in the coming years; and manufacturing in India (with a special emphasis on the logistics sector in India).

The United States and India are key strategic partners in various fields including in the economic and financial sphere. The US-India economic and financial partnership is based on the key pillars of development for both the countries that includes robust capital flows, and economic cooperation on issues of global importance. Given the current situation due to COVID-19 outbreak, the Finance Minister welcomed US companies' investment and partnership with India, especially in the manufacturing and infrastructure sectors.

"We believe investments from US companies will create new jobs, facilitate financial inclusion, and broad-based economic development for the Indian economy. It is encouraging to hear the Honorable Finance Minister's commitment to provide a red-carpet welcome for long-term US investments in the Indian market," said USISPF President & CEO, Dr Mukesh Aghi, on the occasion.

This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article. (ANI/BusinessWire India)

DISCLAIMER


(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
image
Business Standard
177 22

Finance Minister Nirmala Sitharaman discusses US-India commercial ties with USISPF Board members

Washington DC [USA]/New Delhi [India], September 4 (ANI/BusinessWire India): The Finance Minister of India Nirmala Sitharaman on Thursday engaged in a virtual discussion with US-India Strategic Partnership Forum's (USISPF) Board of Directors on the occasion of its 3rd Annual Leadership Summit titled 'Navigating New Challenges'.

USISPF's week-long summit had included US and Indian government officials at the highest levels including Vice President Mike Pence on Monday, August 31st and an address by Prime Minister of India, Narendra Modi on September 3, 2020.

The USISPF Board of Directors is represented by 21 US and Indian CEOs whose businesses represent a market capitalization of USD 1.7 trillion, leading influencers of the Indian diaspora, prominent members of the foreign policy fraternity, and senior diplomats from both governments. The Forum's advisors include eminent leaders like General David Petraeus, Indra Nooyi, and former founding Vice-Chairman of Niti Aayog, Prof Arvind Panagariya.

Attendees at the meeting included: USISPF Chairman John Chambers; Ajay Banga, CEO, Mastercard; Charles Kaye, CEO, Warburg Pincus; Anish Shah, Deputy Managing Director & Group CFO, Mahindra; Shantanu Narayen, Chairman, President & CEO, Adobe; Robert Moritz, Chairman, PwC; Punit Renjen, CEO, Deloitte Global; Jim Umplebey, Chairman & CEO, Caterpillar among other fortune 500 leaders.

India continues to be a leading investment destination for US companies, having attracted investments over USD 20 billion in 2020. The discussion focused on ease of doing business in India; digitization & fintech; agriculture (including agricultural infrastructure); private sector participation across all the sectors of the Indian economy; skill development; healthcare; COVID-19 mitigating measures undertaken by the government & possible future course of actions; role of government spending in the infrastructure sector in the coming years; and manufacturing in India (with a special emphasis on the logistics sector in India).

The United States and India are key strategic partners in various fields including in the economic and financial sphere. The US-India economic and financial partnership is based on the key pillars of development for both the countries that includes robust capital flows, and economic cooperation on issues of global importance. Given the current situation due to COVID-19 outbreak, the Finance Minister welcomed US companies' investment and partnership with India, especially in the manufacturing and infrastructure sectors.

"We believe investments from US companies will create new jobs, facilitate financial inclusion, and broad-based economic development for the Indian economy. It is encouraging to hear the Honorable Finance Minister's commitment to provide a red-carpet welcome for long-term US investments in the Indian market," said USISPF President & CEO, Dr Mukesh Aghi, on the occasion.

This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article. (ANI/BusinessWire India)

DISCLAIMER


(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22
.