Deepak Pahwa elected IACC President at 37th AGM

Deepak Pahwa Managing Director, Bry-Air (Asia) Pvt. Ltd and the Group Chairman, Pahwa Enterprises, has been unanimously elected as President of the Indo-American Chamber of Commerce (IACC) for the year 2006-07.
The Executive Committee of the Chamber, at its 37th Annual General Meeting (AGM) held on September 29, 2006 in Mumbai, also elected President and Farokh T. Balsara and Ashok Aikat were elected Executive Vice Presidents of IACC.
IACC's outgoing President B. Prabhakar welcomed the members who were present for the AGM and mentioned some of the achievements of IACC during his tenure as President.
Dr. Ashok Ganguly, Chairman of ICICI OneSource Ltd., spoke on “Opportunities, Challenges and Issues”. U.S. Consul General Michael Owen and Carmine D'Aloisio, Minister-Counselor For Commercial Affairs were also present at the meeting, attended by more than 70 people.
Pahwa's election as the President of IACC in the Chamber's 38th year assumes importance, at a time when the Indo-US economic relations are poised to register a qualitative change. As the only bi-national chamber exclusively dedicated to enhance Indo-US Economic relations and having 14 branches and an expanding direct membership of more than 2600 enterprises across the country, IACC is an effective vehicle for catalyzing track-two diplomacy with the US.
“The importance that has been assigned to the Indo-US Economic Summit- the third edition of it was just concluded in Delhi recently - by the Government of India, the US Administration and businesses of both countries pin a lot of responsibilities on IACC to take the Indo-US Economic relations to a higher orbit of growth. We will unfold a series of innovative measures and programs to achieve this objective,” says Pahwa.