Tuesday March 17th – The U.S.-India Business Council hosted a welcome reception for new USIBC President Dr. Mukesh Aghi. USIBC is proud to have President Aghi coming aboard at a time of great potential and revived enthusiasm for India’s business community. As president, Dr. Aghi will lead the Council’s strategic direction and policy priorities with the objective of enhancing the bilateral commercial relationship.
“The strategic partnership between the U.S. and India is not only beneficial for the two nations, but critical to global economic prosperity,” Dr. Aghi said earlier this January. “I am honored and delighted to be part of the USIBC team.”
The evening began with the venerable Chargé d’Affaires Ambassador, Taranjit Singh Sandhu, who provided comments on the Union Budget of India before sharing perspective on why investment in India remains compelling. He also highlighted the strength and importance of US India business relationship capital. Mr. Sandhu serves as Deputy Chief of Mission at the Embassy of India in Washington D.C.
Ambassador, Taranjit Singh Sandhu shares inspiring words with Chris Orlando, CEO of Elite Advisor Consulting, Marguerita Cheng, CEO of Blue Ocean Global Wealth, and Sameer Somal, CFO of Blue Ocean Global Technology.
Dr. Aghi was introduced by Ambassador Susan Esserman, Partner, Steptoe & Johnson.
Ms. Esserman highlighted the rigorous search conducted by USIBC before selecting Dr. Aghi. She also reinforced Dr. Aghi’s desire to build upon the special friendship that exists between the United States and India. Ms. Esserman serves on the Executive Committee and Board of Directors of the US-India Business Council, and on the boards of the International Association for Women Judges, and Population Action International. She is a member of the US Department of State’s Advisory Committee on International Economic Policy, the India-US Track II Dialogue on Climate Change and Energy (Aspen Institute), the Council on Foreign Relations, and the Wellesley Business Leadership Council.
Excerpt from Dr. Aghi’s March 17th, 2015 welcome reception speech:
“All the way from the Ambassador here down to the Prime Minister’s office, every individual is focused on trying to make things easier for US investments to come in much more efficiently into the country of India. Yes, we will have challenges. Yes, we will have hurdles. We will have bumps on the road. But I think when you are trying to basically change the environment it does take some time. It is not I what a call as an issue of this quarter result, what we see in the corporate environment. It is going to take 5, 10, probably longer time, because this is a partnership which is going to drive change on this planet for the next 50 years.”
Dr. Aghi brings to the council extensive executive experience in global business, and deep understanding of the business and policy dynamics in both India and the U.S.
“Mukesh Aghi’s experience will be invaluable as he leads USIBC in strengthening and expanding U.S.-India business ties in the critical years ahead for the bilateral relationship,” said Ajay Banga, USIBC chairman and president and CEO of MasterCard.
Dr. Aghi’s career includes positions leading the international growth and operations of prestigious American and Indian technology companies. Previously, he served as CEO of L&T InfoTech and Steria Asia Pacific; president of IBM India; and worked with high technology companies including J.D. Edwards and Ariba. His postings have been in France, the United Kingdom, Japan, Singapore, India and the United States. While working primarily in the private sector, he has also worked effectively with the U.S. and Indian government at senior levels.As president, Dr. Aghi will lead the council’s strategic direction and policy priorities with the objective of enhancing the bilateral commercial relationship.
About the U.S-India Business Council:
The U.S.-India Business Council (USIBC) is the premier business advocacy organization representing more than 300 of the largest global companies investing in India.
At the behest of the Governments of India and the United States, USIBC was formed in 1975 to enlighten and encourage the private sectors of both countries to enhance investment flows. The Council’s primary mission is to serve as a direct link between business and Government leaders, resulting in increased trade and investment to strengthen ties between the two nations.
USIBC organizes major policy and business development conferences in the United States and India. USIBC facilitates key meetings with Indian industry and officials from the Governments of the United States and India to provide business leaders with direct access to top Indian decision-makers.
The Council is headquartered in Washington, D.C. with regional offices in New York, California and New Delhi.
To learn more about partnering with the U.S.-India Business Council, please contact:
Mr. Gaurav Verma
Mr. Jason C. Starr