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President’s Message<br />
The increased interaction between India and <strong>the</strong> US, evidenced by <strong>the</strong><br />
visits of US Secretary of Commerce, John Bryson followed by US<br />
Secretary of State Hillary Clinton and Defence Secretary Leon Panetta,<br />
reflect India’s growing importance on <strong>the</strong> world stage.<br />
In order to fur<strong>the</strong>r streng<strong>the</strong>n and expand this cooperation, <strong>the</strong> India-<br />
US Strategic Dialogue initiated in 2009 has identified five principal<br />
areas - Energy & Climate Change; Education & Development; Trade &<br />
Agriculture; Science & Technology; Health & Innovation. India’s<br />
Minister of External Affairs S M Krishna along with delegates<br />
participated in <strong>the</strong> third annual US-India Strategic Dialogue. Details &<br />
factsheets from recent meetings held in Washington DC are available<br />
on our website www.iaccindia.com under factsheets section<br />
One of <strong>the</strong> key areas being Education & Development, <strong>the</strong> first ever India-US Higher Education Summit<br />
which was held in Washington last October, defined a strategic vision for <strong>the</strong> future of <strong>the</strong> US-India Higher<br />
education partnership. U.S is a preferred destination for Indian students to pursue advanced degrees and<br />
nearly 104,000 students from India are benefitting from <strong>the</strong> higher education system in US. With <strong>the</strong><br />
newly launched ‘Passport to India’ initiative by <strong>the</strong> US State Department, we can expect more <strong>American</strong><br />
students coming to India in <strong>the</strong> future for higher education. With <strong>the</strong> enriching economic engagement<br />
between India & US, we will continue to expand in such exchanges between both <strong>the</strong> countries. T<strong>here</strong> are<br />
immense opportunities for developing newer links in <strong>the</strong> areas of education, research & innovation as<br />
also technology & skill development.<br />
In order to facilitate collaborations between educational institutions, exchange programmes involving<br />
students, faculty and researchers from both India and <strong>the</strong> US and also to encourage private participation<br />
in <strong>the</strong> education sector, <strong>the</strong> <strong>Indo</strong> <strong>American</strong> <strong>Chamber</strong> of Commerce initiated <strong>the</strong> <strong>Indo</strong>-US Education<br />
Forum. IACC took its 2 nd Delegation of 14 Indian Higher Education Institutes to Texas, Florida, North<br />
Carolina, Washington D.C. & Virginia from May 28 th to June 8 th , 2012.<br />
During <strong>the</strong> visit of U.S Commerce Secretary - John Bryson IACC organized a roundtable in New Delhi with<br />
focus of <strong>the</strong> discussion on <strong>the</strong> Growth in Emerging Metropolitan Sectors (GEMS) & Infrastructure. The<br />
Delegation of 16 U.S. companies participated in meetings with Indian firms in an effort to promote <strong>the</strong>ir<br />
technologies and services in <strong>the</strong> Indian Market. India is one of <strong>the</strong> world’s fastest –growing economies<br />
and is a priority market under <strong>the</strong> Select USA initiative. In Mumbai, Bryson spoke about investment<br />
opportunities in US and <strong>the</strong> tools offered by SelectUSA to facilitate that investment. Secretary Bryson<br />
appreciated that IACC does critical work in fostering partnerships & success among both U.S. & Indian<br />
businesses.<br />
I would also like to take this opportunity in welcoming US Ambassador to India Ms. Nancy Powell who has<br />
already visited Mumbai, Chennai and some o<strong>the</strong>r cities. IACC had <strong>the</strong> honor of having an excellent<br />
meeting in Chennai and looks forward to her forthcoming visits to Bangalore and Varanasi.<br />
We have a series of high profile events coming up, and I encourage your participation and support.<br />
Anand Desai<br />
National President, IACC