May 05, 18.07 PM IST || Pocket News Alert
Amazon Founder & CEO Jeff Bezos, Sun Pharmaceuticals Founder Dilip Shanghvi to be conferred with USIBC Global Leadership Award 2016
Washington, D.C., May 5, 2016 – The U.S.-India Business Council (USIBC) announced today that Prime Minister Narendra Modi will address its 41st Annual Leadership Summit in Washington DC. USIBC’s anniversary event draws top business and government leaders and serves as a forum for engaging in discussions on deepening U.S.-India commercial and strategic ties. The Prime Minister’s address will be on June 7th, ahead of his address to the Joint Session of the U.S. Congress. As part of the USIBC annual summit, Prime Minister Modi will also participate in a roundtable with top global CEOs.
“It’s a privilege for USIBC to welcome Prime Minister Modi on his fourth visit to the U.S., particularly in light of the advancement of our countries’ relationship over the past two years. India became the top global FDI destination in 2015 – attracting $63 billion – fueled by PM Modi’s ability to attract foreign investors and to build a globally competitive environment in India. The U.S.-India bilateral relationship has also matured significantly over the last few years, and extends beyond the leadership of the two countries. The Council’s annual summit not only honors strategic and commercial aspects of the bilateral ties, but also celebrates people-to-people ties that have come to define the opportunities between the two nations,” said USIBC President Dr. Mukesh Aghi.
In keeping with the annual award tradition, this year’s honorees for the USIBC Global Leadership Award are Amazon Founder and CEO Jeff Bezos, and Founder and Managing Director of Sun Pharmaceuticals Dilip Shanghvi. “Jeff and Dilip are two leaders that are shaping the U.S.-India trade ties with their incredible business acumen and have made a lasting impression in integrating India into the global economy,” said Dr. Aghi. “We couldn’t think of more qualified icons that are emblematic of the immense potential of our trade relationship. We are honored to be presenting the 2016 Global Leadership Award to them.”
Last year, the Council’s 40th Annual Leadership Summit served as the official kick-off to the U.S.-India Strategic and Commercial Dialogue and hosted Vice President of the United States Joe Biden, U.S. Secretary of State John Kerry; U.S. Secretary of Commerce Penny Pritzker, Minister of State for Commerce and Industry Nirmala Sitharaman, Minister of State with Independent Charge for Power, Coal and New & Renewable Energy Piyush Goyal, among others. Last year’s business honorees were Indra Nooyi, CEO and Chairperson, PepsiCo, and Shobhana Bhartia, Editorial Director of the Hindustan Times Group.
About U.S.-India Business Council:
Formed in 1975 at the request of the U.S. and Indian governments, the U.S.-India Business Council is the premier business advocacy organization, comprised of 350 top-tier U.S. and Indian companies advancing U.S.-India commercial ties. USIBC is the largest bilateral trade association in the United States, with liaison presence in New York, Silicon Valley, and New Delhi.