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Indo-US Partnership - new media

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Message<br />

My Dear Fellow Members,<br />

The business world at present is indeed throbbing with<br />

excitement and expectation. The dull years are behind us and<br />

most economic indicators are positive for all the politically<br />

stable countries in the world.<br />

In other words, it is time to do more business.<br />

For India, the opportunities for global business were never<br />

better. And the opportunity of doing far more business with the<br />

United States in the years ahead is indeed awesome.<br />

The scope for export of goods and services to the <strong>US</strong> will be<br />

bursting at the seams with further liberalization of textile<br />

quota, pharmaceutical patents, outsourcing, global<br />

infrastructure contracting, original equipment supply, and so<br />

on - not to speak of the growing traditional exports of gems and<br />

jewelry, carpets, hosiery, handicrafts, auto components,<br />

agricultural and hardware products. I am proud to feel that<br />

members of the <strong>Indo</strong> - American Chamber of Commerce are<br />

part of this vibrant activity.<br />

I am not going into details and statistics, names and addresses<br />

at this point. These will come to you through our Internet<br />

Information Service to all Members regularly. So please inform<br />

your present operative e-mail IDs to our Delhi HO without<br />

delay.<br />

You will also find the suggested list of events of most of our<br />

branches in this magazine and I entreat your inputs and<br />

participation to make IACC vaster and visible to all. This is only<br />

befitting a chamber doing business with India's largest trading<br />

partner by far - the United States of America.<br />

With the momentous re-election of President Bush and the<br />

installation of Manmohan Singh as India's Prime Minister<br />

solidifying the continuity of bilateral and progressive business<br />

relations between the two largest democracies in the world, the<br />

floodgates of <strong>US</strong> investments in India (whether through FDI or<br />

FII) have also opened.<br />

Lastly, I would like to thank you for electing me as your<br />

President and giving me the honor of interacting with you more<br />

closely and hopefully, taking the chamber a step forward.<br />

On behalf of the chamber, I congratulate President Bush on<br />

receiving the 'Person of the Year' award from Time Magazine.<br />

Along with Executive Vice Presidents, Mr. Govind<br />

Mirchandani and Mr. Deepak Pahwa, I also wish you and your<br />

families a very Happy New Year.<br />

Ranjit Sen<br />

National President, <strong>Indo</strong>-American Chamber of Commerce<br />

INDO-<strong>US</strong> B<strong>US</strong>INESS December 2004<br />

06

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