US India Business Council along with Confederation of Indian Industry (CII), on Wednesday held a meeting with Union Finance Minister Nirmala Sitharaman in Washington to discuss new opportunities and to strengthen commercial ties between US and India. The Council also praised India’s reform trajectory and strong confidence in the growing Indian economy.

“We praised her reform trajectory and discussed new opportunities to strengthen commercial ties between the US and India,” USIBC tweeted.

Taranjit Singh Sandhu, who is India’s Ambassador to the US, addressed the meeting that was presided over by USIBC president Nisha Desai Biswal.

The U.S.-India Business Council (USIBC) was established in 1975 as a business advocacy organization to enlighten and encourage the private sectors of both India and United States to enhance investment flows.

The organization serves as a direct link between business and Government leaders, resulting in increased trade and investment to strengthen ties between the two nations.

USIBC partners with the major trade associations in India, including The Confederation of Indian Industry (CII), The Federation of Indian Chambers of Commerce and Industry (FICCI), The American Chamber of Commerce in India (AmCham India), National Association of Software and Services Companies (NASSCOM), The Indus Entrepreneurs (TiE), and The Indo-American Chamber of Commerce (IACC) etc.

“Business leaders thanked the minister in laying down the vision for future growth and congratulated the Indian Government in steering the economy during the Covid-19 pandemic”, the Finance Ministry said in a tweet.

Participating business leaders also expressed keen interest in scaling up their investments in India, it said.

The meeting was attended by CEOs and business leaders from insurance, private equity, technology, energy and pharma sectors amongst others.

The business leaders such as Milind Pant, CEO of Amway; Vivek Lall, Chief Executive of General Atomics; Octavio Simoes, president and CEO of Tellurian; Chris Ripley, president and CEO of Sinclair Broadcasting Group and S V Anchan chairman of Safesea Group.

Image Source- Twitter