Washington, (ANTARA News/PRNewswire-AsiaNet) - The 
U.S.-India Business Council (USIBC), in partnership with the Federation of Indian Chambers of Commerce and Industry (FICCI), will launch the Investing in America: The Indian Story initiative in Chicago, Illinois on February 19th at the InterContinental Hotel.
Investing in America, to be unveiled by India's Union Minister of Commerce and Industry, Shri Kamal Nath, will showcase the positive contributions made by Indian companies to the U.S. economy. The USIBC-FICCI initiative highlights the top Indian companies operating in America including The Tata Group, Ranbaxy Laboratories, HCL Technologies, Mahindra USA, Satyam Computer Systems, Essar Group, Wockhardt USA, Thermax, ITC Group, Bharat Forge America, Kotak Mahindra, and Jet Airways among others.
Noting the rapid growth of bilateral investment between the U.S. and India, USIBC President Ron Somers remarked, "The growth of the Indian private sector beyond its domestic borders means added investment into the U.S. economy. These companies are adding jobs, technology and value to local communities in nearly every U.S. state."
The initiative focuses on the unique contributions that companies of Indian origin are making to the American landscape through technology innovation, corporate social responsibility initiatives, employment generation and other means. USIBC has retained the services of VOX Global Mandate to compile and prepare these contributions for publication which will be shared with the public via roadshows across the United
States.
The U.S.-India Business Council, formed in 1975 at the request of the Government of India and the U.S. Government to advance commercial ties between the world's two largest free-market democracies, is hosted under the aegis of the U.S. Chamber of Commerce. The U.S. Chamber of Commerce is the world's largest business federation representing more than 3 million businesses and organizations of every size, sector, and region. The U.S.-India Business Council celebrates its 33rd Anniversary at the U.S. Chamber of Commerce on June 12, 2008 in Washington, D.C.
For more information please visit http://www.usibc.com
SOURCE: U.S.-India Business Council
CONTACT: Anku Nath of the U.S.-India Business Council,
+1-202-463-5886,
anath@uschamber.com
Website: http://www.usibc.com
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