Page 7 - IACC Newsletter August-September 2013 Issue 13

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Happenings at IACC
Head office
IACC’s 44
Annual General Meeting on September 27, 2013 at Taj Mahal Palace & Towers, Mumbai
Indo American Chamber of Commerce (IACC) hosted its 44
Annual General Meeting (AGM) this year. In his welcome
address IACC’s now Immediate Past National President Mr. Shourya Mandal stated, “In the bilateral economic
relationship our two countries have achieved many milestones and etched closer ties among corporations of the two
countries, forged newer bonds in cultural and educational milieu and cemented people to people relationships. I am
happy to say our Chamber played an important role in breaking new ground in the Indo-US engagement since it is a win-
win situation not only for our two countries but the global economy, which is assigning increasingly larger role for our
two continental size economies in facilitating global business activities.”
Mr. John McCaslin, Minister Counsellor for Commercial Affairs, US Embassy, the Chief Guest for the 44
AGM, touched
upon the need for intensifying and strengthening the economic partnership between India and the U.S. Mr. Dharmakirti
Joshi, Chief Economist, CRISIL, IACC’s Guest of Honor, explained the future contours of tier one and two economic
diplomacy between India and the United States. The Annual Session was attended by some prominent members of the
U.S. Consulate, IACC Members and some notable non-Members representing various industries.
The Executive Council Report and Audited Statement of Accounts for the year ending on March 31, 2013 were approved
and adopted, Executive Council for 2013-2014 were elected and auditors were appointed at the business session of the
Mr. Chella K Srinivasan took over as the National President of IACC and Mr. Asoke Laha took over as the Executive Vice
President immediately after the AGM at the first Executive Council Meeting for 2013-2014. Mr. Srinivasan indicated that
several programs with strong focus on tier-two economic diplomacy were being planned in different parts of the country
which will infuse a fresh momentum in the India-US economic engagement. IACC will continue its commitment to
planning programs that enhance the potential for economic engagement between India and the US in areas where the
two countries can work together gainfully.
Opening remarks by Mr. Atul Vyas, Acting Secretary General, IACC