US India Investors Forum highlights ‘SelectUSA’ Program to Corporate India
INDIA IS THE EIGHTH FASTEST GROWING
SOURCE OF FOREIGN DIRECT INVESTMENTS (FDI’S)
IN THE UNITED STATES.
US WAS ATTRACTING A TOTAL OF $300 BILLION FDI’s
A YEAR AND INDIA'S INVESTMENTS WERE TO
THE TUNE OF $9 BILLION IN 2012.
IN 2011, INDIAN FDI’S IN THE US ACCOUNTED
FOR JUST OVER $7 BILLION.
THE US FDI IN INDIA
LAST YEAR INCREASED TO $28.38 BILLION
FROM $24.66 BILLION IN 2011.
USIIF – The Official Liaison Between the Indian Investment
Community and the US companies seeking foreign capital.
The U.S.-India Investors' Forum (USIIF) has recently been formed
with the support of the US Commercial Service in order to connect
Indian investors with FDI opportunities in the US.
It was inaugurated by the Former Secretary of Commerce
USIIF will work closely with the US Commercial Services and Us
Consulate on the Select USA program initiated by the Obama
President Obama is expanding SelectUSA, a Commerce
Department program designed to attract more foreign investment.
It is "the first-ever, fully coordinated U.S. government effort to
recruit businesses to invest and create new jobs in the United
States," Obama said.
One goal is national coordination of efforts that have been left
largely to states and cities.
THE COST OF ENERGY IS
“DECLINING DRAMATICALLY” IN THE US
FOLLOWING THE DISCOVERY OF LARGE SHALE GAS
RESERVES & HAS MADE USA MORE
ATTRACTIVE FOR FOREIGN INVESTMENTS.
IN FACT, “US WILL BE THE LARGEST OIL EXPORTER
IN THE WORLD IN 5-10 YEARS,” HE SAID.
USIIF was part of the Indian delegation which attended the Select USA
Summit in Washington DC which was addressed by the President Obama,
VP , US Secretary of Commerce amongst other dignitaries.
The USIIF is a completely non-profit entity. It’s Advisory Board
Members are involved on a fully probono basis.
The USIIF’s primary focus will be to introduce US and Indian
Institutions to new business opportunities with each other.
To act as a liaison between the Indian investment community and
the US Government for addressing investor concerns.
It's Advisory Board is comprised of eminent personalities from
some of India’s top financial institutions.
THE USIIF WILL OFFER THE OPPORTUNITY FOR ITS MEMBER INSTITUTIONS:
The USIIF will offer the opportunity for its member institutions: To
interact with visiting US delegations
Participate in Road Shows in various cities in India
Be briefed about latest investment opportunities
Visit special trade shows
Attend seminars on topics like taxation and U.S. State Laws
Have access to a knowledge-base for Foreign Direct Investments
Attend networking events
Develop working relationships with US-based companies.
IN INDIA, AMERICAN COMPANIES ARE LOOKING AT SECTORS LIKE
Healthcare equipment and Defence
USIIF WILL DO ITS BEST TO FACILITATE THE MATCH MAKING EFFORTS
BETWEEN INDIAN SME INVESTORS & US COMPANIES IN VARIOUS SECTORS LIKE:
IT / Manufacturing
USIIF'S ADVISORY PANEL WILL PLAY A PIVOTAL ROLE IN ADVISING
THE POTENTIAL INVESTORS BY WAY OF ADVICE IN THE FORM :
Legal & Tax regulations
Planning to build a sector specific BI