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Index Contents Index President’s Message ......................................................................................................... 7 From the Secretary General’s Desk ................................................................................... 8 Happenings at IACC .......................................................................................................... 9 Special Reports ............................................................................................................... 29 India revenue to touch $1billion in 2 years: GE Healthcare ................................................................. 29 Siraj A. Chaudhry | Cargill India eyes bigger bite of food business ...................................................... 30 Emerson bets big on India, eyes 42% hike in sales ............................................................................... 33 Indo-US Corporate News ................................................................................................ 36 R-Power gets $80-mn export financing nod from US Exim Bank ......................................................... 36 L&T delivers $40-mn nuclear equipment to US .................................................................................... 36 GM to utilize Indian diesel facility globally ........................................................................................... 37 India, US joint $125 million fund for research in clean energy ............................................................. 38 CA Technologies scouts for acquisitions in India .................................................................................. 39 USTDA awards grant to Azure Power ................................................................................................... 39 Ford to ‘Focus’ on Indian market .......................................................................................................... 40 Anthelio, US-based firm, eyes Indian healthcare market ..................................................................... 41 Donald Trump expands footprint of Trump Hotel Collection in India .................................................. 42 News Corp unit sells stake in India's Hathway for $72 million ............................................................. 43 Biocon to tap atorvastatin market in US ............................................................................................... 43 DLF inks pact with US accessories brand Claire .................................................................................... 43 US Based Xilinx Inc. inaugurates it largest R&D Centre in Hyderabad.................................................. 44 Boeing to ship all four 787 Dreamliners built this year to Air India news ............................................ 44 Infosys guns for more biz from US in healthcare, public service .......................................................... 45 GE Foundation grants $1.6 m for education of rural women ............................................................... 46 Agsri inks pact to sell us firm's drip irrigation system........................................................................... 46 Biogen Idec obtains approval for the first single-use, intramuscular auto injector ............................. 46 Bharti-Walmart partners Maharahtra State govt. for retail training centre in Jalna ........................... 47 Caterpillar launches new production unit in Chennai .......................................................................... 48 Encyclopedia Britannica bullish on India plans ..................................................................................... 49
Dunkin' Donuts to introduce savory products at outlets in India ......................................................... 49 Lockheed Martin bags deal to supply laser-guided bombs to IAF ........................................................ 50 HDFC Bank partners with San Francisco based Wells Fargo for US-India remittance service .............. 50 IBM, Ingersoll Rand to offer energy efficient solutions in India ........................................................... 50 Microsoft partners Morpheus, Accel to help startups in India ............................................................. 51 Indian drug companies, hit US jackpot in December quarter ............................................................... 51 Walmart to expand its India R&D centre .............................................................................................. 52 Air India board OKs $195 million bridge loan for Dreamliner buy........................................................ 53 GM India to source components worth $1 b from domestic suppliers ................................................ 53 MindTree to Open U.S. Software Center .............................................................................................. 54 Glenmark gets USFDA nod for contraceptive, scalp gel ....................................................................... 54 DuPont sets up ballistics unit in Hyderabad ......................................................................................... 54 Merrill Corporation Adds Legal Process Outsourcing Services in India ................................................ 55 Dell India eyes 16,000 SMEs in state .................................................................................................... 55 Walmart to sell Hero bicycles worldwide ............................................................................................. 56 Sun Pharma gets US nod for schizophrenia drug .................................................................................. 57 Tata Motors ties up with US Company for lithium ion batteries .......................................................... 57 Microsoft to expand presence in smaller cities .................................................................................... 57 Essar Shipping bags $121 million offshore drilling deal from ConocoPhillips ...................................... 58 HDFC, Pramerica lead race for Fidelity India mutual fund.................................................................... 58 M&M wins arbitration award, class action suit in US ........................................................................... 60 Walmart looks to source more farm items from India ......................................................................... 60 Lupin, DRL, Sun get US nod for mental disorder drug .......................................................................... 61 Pfizer terminates $350-mn insulin marketing deal with Biocon........................................................... 61 Tulip Telecom ties up with US' Polycom ............................................................................................... 62 India’s Investments in U.S ............................................................................................... 64 Sahara India bids $600 million for Plaza Hotel in New York ................................................................. 64 eClerx acquires US-based Agilyst .......................................................................................................... 65 Indian companies invest Rs. 820 million in US manufacturing ............................................................. 66 Mahindra Satyam Acquires Kirkland, Washington headquartered vCustomer's Intl. Ops. for $27 Mn 67 EdServ ties up with Amazon.com ......................................................................................................... 67 Caterpillar, Steelcast in tie-up ............................................................................................................... 68 United Spirits debuts in America .......................................................................................................... 68 IL&FS may buy Hershey’s 51% in joint venture .................................................................................... 69
Page 1: IACC Newsletter Issue 4 April & May
Page 5 and 6: U.S. tech groups alarmed by India p
Page 7 and 8: President’s Message The increased
Page 9 and 10: Happenings at IACC West India Counc
Page 11 and 12: IACC - WIC organized its first brea
Page 13 and 14: financing companies to play a more
Page 15 and 16: Dr. L. S. Kanodia shaking hands wit
Page 17 and 18: North India Council Networking lunc
Page 19 and 20: Luncheon meeting with the US Commer
Page 21 and 22: Mr. Randeep Singh Surjewala, Hon’
Page 23 and 24: Andhra Pradesh Branch IACC-AP Branc
Page 25 and 26: Tamil Nadu Branch Seminar on “Ind
Page 27 and 28: IACC WBC Panel Discussion on “Re-
Page 29 and 30: Special Reports Special Reports Ind
Page 31 and 32: Chaudhry, who started his career wi
Page 33 and 34: Do you think private firms could pl
Page 35 and 36: Emerson plans to focus on three gro
Page 37 and 38: L&T’s disclosure on the nuclear e
Page 39 and 40: In solar energy, the consortium's r
Page 41 and 42: its premium hatchback Focus in the
Page 43 and 44: "We remain excited about the Mumbai
Page 45 and 46: membership as an employment conditi
Page 47 and 48: Approved by the Drug Controller Gen
Page 49 and 50: “This facility, our fourth manufa
Page 51 and 52: solution leverages IBM’s Intellig
Page 53 and 54:
Air India board OKs $195 million br
Page 55 and 56:
could hold the key in developing ro
Page 57 and 58:
Hero Cycles supplies 10 models of H
Page 59 and 60:
Milind Barve, managing director of
Page 61 and 62:
would want this to be significantly
Page 63 and 64:
conferencing and telepresence servi
Page 65 and 66:
In 2010, Sahara failed to acquire t
Page 67 and 68:
Speaking on the occasion, Senator J
Page 69 and 70:
Sharan Lillaney, an analyst with An
Page 71 and 72:
US investments in India P&G to buil
Page 73 and 74:
There is potentially a big market f
Page 75 and 76:
of growth and progress," said Sanje
Page 77 and 78:
IFC, which is an existing investor
Page 79 and 80:
Retirement System is another invest
Page 81 and 82:
Raju was in the limelight in 1999 w
Page 83 and 84:
Their discussion also included the
Page 85 and 86:
India is seen as an economic compet
Page 87 and 88:
US seeks answers on home sourcing o
Page 89 and 90:
There is a need to innovate newer m
Page 91 and 92:
domestic electronic products in a m
Page 93 and 94:
It also sought permanent exemption
Page 95 and 96:
the Virginia Commonwealth Universit
Page 97 and 98:
The companies denied the allegation
Page 99 and 100:
Military ties with India growing: U
Page 101 and 102:
India has also moved the WTO agains
Page 103 and 104:
Noting that as a result of increase
Page 105 and 106:
“Our policies are transparent …
Page 107 and 108:
He noted that "a tremendous transfo
Page 109 and 110:
it is a win-win situation for both
Page 111 and 112:
Indo-US Trade Statistics 2011: U.S.
Page 114 and 115:
International Trade shows US Depart
Page 116 and 117:
MINExpo International 2012 9/24/201
Page 118 and 119:
Garfab-TX Surat 01 June 2012- 03 Ju
Page 120 and 121:
Gem Fair 22 June 2012- 24 June 2012
Page 122 and 123:
India Auto Expo 12 July 2012- 15 Ju
Page 124 and 125:
Garfab Ahmedabad 04 August 2012- 06
Page 126 and 127:
CONNEX India 12 September 2012- 15
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Major Trade shows in U.S.A Event Na
Page 130 and 131:
Neocon World Trade Fair 11-JUN-12 t
Page 132 and 133:
HBA Global Expo 19-JUN-12 to 21-JUN
Page 134 and 135:
Swimshow 21-JUL-12 to 24-JUL-12 Pro
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