Dear
Reader,
Greetings. Economic
relations between
India and the
United States
have been on an
upswing in the
last two years,
since the path-breaking
visit of Prime
Minister Manmohan
Singh to that
country in June
2005, followed
by President George
Bush's India trip
in March 2006.
The last two years
have been dotted
with frenzied
exchange of visits,
business delegations
to and from both
countries exploring
the possibilities
of investment
opportunities
and joint ventures.
All this has happened
on the ground
work laid by dedicated
organizations
which had a vision
of building a
great edifice
of Indo-US relations.
One such organization
is Indo-American
Chamber of Commerce
(IACC), which
thoughtfully launched
Indo-US Economic
Summit, the first
edition in September
2004, laying down
an agenda for
both countries
to consider in
order to take
their relations
forward. This
September, IACC
will be holding
its 4th Indo-US
Economic Summit
2007, with “Building
Strong Partnerships”
as its theme.
We are delighted
to give you a
mega issue on
the occasion of
the Summit. The
cover story of
the current issue
of Indo-US Business
presents a curtain
raiser for the
forthcoming Summit,
highlighting its
importance in
the overall context
of the relations
between the two
countries and
its significance
as a facilitator
and motivator
in further forging
them. In the magazine's
focus section,
we carry a couple
of reports on
Intellectual Property
Rights (IPRs).
One of them, a
presentation by
D.B. Modak at
the recent IACC
conference on
IPRs, argues that
it is essential
to protect IPRs
in order to encourage
innovations. The
other, which deals
with the legal
aspects of IPRs,
was presented
by Pratibha Singh.
It calls for an
independent mechanism
for preventing
misuse of databases.
Maharashtra's
Chief Minister
Vilasrao Deshmukh
knows that his
state is strapped
for funds, especially
for building infrastructure,
which is essential
for economic growth
and to spur the
flow of further
investment into
the state. Keeping
this in mind,
Deshmukh visited
the United States
recently to campaign
for funds. He
attended a seminar
organized by Maharashtra
Investment Forum
and called on
top notch industrialists
such as Microsoft's
Bill Gates. We
carry a report.
Madhya Pradesh
has an altogether
a different agenda.
The state is hosting
a Global Investors'
Summit in October.
In order to make
it a big success,
Chief Minister
Shivraj Singh
Chouhan led a
business delegation
recently to the
US where he met
up with a number
of prospective
investors. We
present a write-up.
Then there is
plenty of corporate
news covering
acquisitions,
expansions, etc.
Added to all this,
are the magazine's
regular features.
Satya Swaroop
Managing Editor
satya@newmediacomm.biz
