3 Indo-US Economic Summit
ACCELERATING GROWTH
September 13 & 14, 2006
Hotel Le Meridien, New Delhi

3 Indo-US Economic Summit
ACCELERATING GROWTH

The impressive growth story of recent years has made India one of the world's fastest growing economies. The economy recorded an unprecedented average growth of 8% during the last three years. The underlying drivers of growth are robust and capable of sustaining the momentum. To achieve a growth of over 8%, over the next 5 years, India needs an investment of US$ 1.5 trillion, which should include foreign direct investment of over US$ 70 billion.

To attract Foreign Direct Investment (FDI), the Indian Government is constantly liberalizing its FDI policy. Currently, 100% foreign investment is allowed in most sectors including the service sector under the automatic route.

India has the potential to be the fastest growing large economy between 2005 and 2050, according to a PriceWaterHouseCoopers study - The World in 2050.

Indo-US relations are now on a new trajectory. President Bush's visit to India early this year has been truly historic. Besides the nuclear cooperation, a number of agreements have been reached on trade & investment, agriculture & biotechnology, thus, establishing a strategic relationship between the two countries.

It is in these exciting times that the Indo-American Chamber of Commerce, the only bilateral Chamber, exclusively dedicated to facilitating trade, investment and technology flows between India and the US, is organizing its 3rd Indo-US Economic Summit: Accelerating Growth on September 13 & 14, 2006 at Hotel Le Meridien, New Delhi. The first two summits were held successfully in 2004 & 2005 in Mumbai & New Delhi, respectively.

Summit Objectives

To share ideas and explore opportunities for:

• Expanding Indo-US trade relations
• Enhancing Indo-US business collaborations and joint ventures
• Investment opportunities in India and investment opportunities in the US
• Establishing one to one business contacts

Summit Focus

1. Infrastructure for Growth

• Opportunities, Learning and Recommendations in Roads & Ports Sectors
• Indo-US Cooperation for growth of India's Civil Aviation Sector
• Real Estate, Construction & Retail

2. India as a Manufacturing Hub

• Advantage India; Participating in India's manufacturing growth – partnering with US SMEs for investment & technology transfer; India's investment in the US; Opportunities for Indo-US trade in Manufactures
• Outsourcing of manufactured products- Automobile components; Manufacturing services (Engineering, R & D and KPO); Consumer Durables and IT Hardware.

Participants to the Summit

Senior functionaries & representatives from:

• Indian & US Administrations
• Multilateral & Bilateral Bodies
• CEOs of Indian & American Corporates
• Banks & Financial Institutions, Public Sector Undertakings, Consultants and Policy makers

Benefits to Participants

• Establish one to one business contacts
• Opportunity to network with business leaders and policy makers
• Discuss and debate bilateral business and economic issues
• Enhance understanding of business opportunities between India and the US

About Indo-American Chamber of Commerce

Established in 1968, the Indo-American Chamber of Commerce (IACC) is a non-government, industry-led and industrymanaged organization, playing a proactive role in India's development process and serves as a link between the business communities of India and the United States of America. IACC is the only bilateral Chamber of Commerce in India, which is committed to development of Indo-US business relations.

The major objective of IACC is to promote Indo-American business and economic relations. IACC promotes bilateral trade, investment and technology transfer, and facilitates business collaborations, joint ventures, marketing tie-ups and strategic alliances through a set of pro-active business-oriented initiatives.

IACC acts as a catalyst for sustainable growth of business between India and the US.

In its more than three decades of existence, IACC has established operational connectivity with a host of business, developmental institutions and Chambers of Commerce in India and the US in order to leverage each other's strengths and capabilities for enhancing Indo-US business relations. The Chamber continuously interacts with the Indian and US Governments, and provides them feedback on bilateral issues relating to trade and investment. In essence, IACC acts as a forum for its member companies to interact with senior functionaries of both the Governments.

IACC has more than 2,600 members - representing small, medium and large enterprises, both Indian and American. Together, they represent diverse business interests.

The geographical spread of IACC is unique as it operates through 14 offices spread throughout the country. These are in Mumbai, Delhi, Ahmedabad, Bangalore, Bhubaneshwar, Chennai, Vizag, Cochin, Hyderabad, Jaipur, Kolkata, Pondicherry, Pune and Varanasi.

Summit Committee

Contact Persons

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