Supply Chain and Logistics Committee’s Sharing and Learning Concall Session on ‘How Will GST Aid and Help Design the Supply Chain Network?’ 27th July 2017

American Chamber of Commerce in India
Apex Chamber of US Industry in India

Supply Chain and Logistics Committee’s Sharing and Learning Concall Session on ‘How Will GST Aid and Help Design the Supply Chain Network?’ – 27th July 2017

To discuss the impact, implications and opportunities in supply chain that GST has created for both organizations and their value chain, AMCHAM’s Supply Chain and Logistics (SCL) Committee, in partnership with Deloitte Touche Tohmatshu India LLP, organized a sharing and learning concall session on ‘How Will GST Aid and Help Design the Supply Chain Network?’ on Thursday, 27th July 2017. The session was well attended, not only by members of AMCHAM’s SCL Committee and their teams, but also by members of AMCHAM’s Manufacturing Committee. The call began with opening remarks by Ms. Surabhi Wahal, Regional Director – Western Region, AMCHAM, followed by welcome remarks by Mr. Srinivasan Sarangapani, Chairman – Supply Chain & Logistics Committee, AMCHAM and Director Operations, Timken Engineering & Research India Pvt. Ltd.

The guest speaker for the session was Mr. Easwaran Subramanian, Consulting Partner, Deloitte Touche Tohmatshu India who leads the supply chain and manufacturing operations practice for the firm in India. Through an insightful presentation which began with a context of the characteristics of supply chains in India, Mr. Subramanian spoke of the significant impact that GST has had on both the core and support functions of companies. He also brought to light the opportunities that organizations are now presented with to enhance supply chain effectiveness. The Q&A session that followed answered several practical queries faced by supply chains across the diverse array of AMCHAM member companies who attended. The sharing and learning concall came to close with a vote of thanks by Mr. Milind Tailor, Co-Chairman – Supply Chain and Logistics Committee, AMCHAM and Head of Indirect Procurement & Electronic Security Asia Pacific, Diebold Nixdorf Private Limited.

Membership

By joining AMCHAM India, you become part of an active and dynamic Apex Chamber of U.S. Industry in India with a membership base of more than 400 American companies in India. AMCHAM is an important voice for policy advocacy, a critical source for business intelligence, a vibrant platform for networking and expanding your business.

Con-Call of Sub-Group on GST 27th July 2017

American Chamber of Commerce in India
Apex Chamber of US Industry in India

Con-Call of Sub-Group on GST – 27th July 2017

A con-call of the sub-group on GST was organized on 27th July 2017. Mr. Atul Gupta, Senior Director, Deloitte Haskins and Sells LLP, sought members’ views on whether any issues need to be taken up with the Ministry of Finance and GST Council. It was agreed that a follow-up note on anti-profiteering would be prepared by Anita of PwC and sent to the Government. The points sent by Amazon would also be included. Mr. Bipin Sapra of EY was requested to send a note on the export of service as there were large number of issues in terms of filing/accepting of LUT. Mr. Atul Gupta checked with members when AMCHAM’s Tax Committee could organize an event on GST with the Revenue Secretary. After discussion, it was agreed that such an event should be organized post 20th September. Members of the GST Council would also be invited. It was also agreed that a meeting would be sought with Mr. Hasmukh Adhia and Chairman, CBEC.

Membership

By joining AMCHAM India, you become part of an active and dynamic Apex Chamber of U.S. Industry in India with a membership base of more than 400 American companies in India. AMCHAM is an important voice for policy advocacy, a critical source for business intelligence, a vibrant platform for networking and expanding your business.

Sports Coordinators Meeting 27th July 2017

American Chamber of Commerce in India
Apex Chamber of US Industry in India

Sports Coordinators Meeting – 27th July 2017

A meeting of all the Sports Coordinators from various member companies participating in AMCHAM Sports 2017 was held at the office of S&P Global on 27th July 2017. At this meeting, the draws for cricket were done and the teams were updated about the rules and regulations for the 12 events being conducted. AMCHAM Sports is scheduled to begin with cricket on September 16th or 24th depending on the availability of the grounds. It would be conducted every Saturday and Sunday. A total of 26 companies have confirmed their participation.

Membership

By joining AMCHAM India, you become part of an active and dynamic Apex Chamber of U.S. Industry in India with a membership base of more than 400 American companies in India. AMCHAM is an important voice for policy advocacy, a critical source for business intelligence, a vibrant platform for networking and expanding your business.

Roundtable Meeting with Ambassador Frank G. Wisner (US Ambassador to India 1994-97), International Affairs Advisor, Squire Patton Boggs 26th July 2017

American Chamber of Commerce in India
Apex Chamber of U.S. Industry in India

Roundtable Meeting with Ambassador Frank G. Wisner (US Ambassador to India 1994-97), International Affairs Advisor, Squire Patton Boggs – 26th July 2017

On Wednesday, 26th July 2017, AMCHAM India’s Western Region held an exclusive roundtable for members with Ambassador Frank G. Wisner (U.S. Ambassador to India 1994-97), International Affairs Advisor, Squire Patton Boggs on ‘U.S. – India Bilateral Relations: The Ongoing Dialogue Between Prime Minister Narendra Modi and U.S. President Donald Trump and the Implication to India/U.S. Commercial Interests in Mumbai. The meeting was attended by leaders of AMCHAM member companies, representatives of the U.S. Consulate General Mumbai and senior colleagues of Ambassador Wisner from Squire Patton Boggs. The meeting commenced with a warm welcome by Ms. Surabhi Wahal, Regional Director – Western Region, AMCHAM India followed by opening remarks by Mr. Mahesh Krishnamurti – Chairman, AMCHAM Western Region and Managing Director, RGP India, who ushered in the agenda of the significance of U.S. – India bilateral relations along with a brief introduction of Ambassador Wisner for all who were present.

Ambassador Frank Wisner began his address by reminiscing the wonderful experience of his tenure as U.S. Ambassador to India from 1994-1997, two decades ago when Mumbai was still Bombay, also highlighting the phenomenal change that India has traversed through the times. He shared a brief introduction to Squire Patton Boggs, an international law firm with a broad reach across the globe advising a diverse mix of local and cross-border clients. The Ambassador in his keynote shared a comprehensive insight into the agenda of President Trump’s administration and on U.S. – India bilateral relations, the implications of the dialogues between the leaderships of the two countries especially on alignment of businesses and the economy, tackling terror, the relationship with China, defense and military partnerships. The Ambassador also shared his observations of the strategic direction for the future of the U.S. – India relationship:

  • A strong India is good for the U.S., and vice versa
  • Relationships between the U.S. and India goes beyond our frontiers, over to all of Asia and at the global level
  • We share a key challenge and a coincidence of approach in dealing with China
  • It is based on 3 core pillars – politics, economy and security

He concluded by stating that relationship functions best when we set big goals for ourselves. Further, in preparation for his forthcoming meeting with Prime Minister Narendra Modi, the Ambassador invited members present to share insights into issues and challenges for U.S. companies in India to position at the meeting. The discussion brought forth several key topics such as infrastructure financing, fixed pricing, the need for market flexibility, the ease of doing business, capital repatriation, regulatory issues, digitizing India and the need for stronger cyber security.

Ms. Jennifer Larson, Acting Consulate General, U.S. Consulate General Mumbai, in a brief address stated that India is no longer seen as rising country, but a risen country, and it is our responsibility as leaders to uphold it. Despite the frustration in the process of growth, she encouraged everyone to remember that this is a long-haul game.

The interactive and dynamic roundtable discussion concluded with a vote of thanks by Ms. Kaku Nakhate, National Executive Board Member, AMCHAM and President & Country Head,
Bank of America, who thanked Ambassador Frank Wisner for the opportunity to hear of his expert insights. She also extended gratitude to the members of Squire Patton Boggs, the U.S. Consulate Mumbai, the participants and to AMCHAM India. The event was powered by RGP India.

Membership

By joining AMCHAM India, you become part of an active and dynamic Apex Chamber of U.S. Industry in India with a membership base of more than 400 American companies in India. AMCHAM is an important voice for policy advocacy, a critical source for business intelligence, a vibrant platform for networking and expanding your business.

U.S. Immigration Session – Trumped! The Changing Face of Business Immigration in the Age of Trump 26th July 2017

American Chamber of Commerce in India
Apex Chamber of US Industry in India

U.S. Immigration Session – Trumped! The Changing Face of Business Immigration in the Age of Trump – 26th July 2017

The American Chamber of Commerce in India’s Karnataka Chapter, in association with Scarborough Law L.L.C., hosted a breakfast session entitled ‘Trumped! The Changing Face of Business Immigration in the Age of Trump’ on 26th July in Bangalore. The session was conducted by Ms. Stephanie Scarborough, a leading immigration attorney with more than 10 years’ experience in U.S. and Canada immigration. The focus of the session was on how immigration has changed in the Trump era and what to expect in the coming months.

The discussion centered around recent trends in H-1B and L-1 adjudication patterns, immigration compliance for employers and streamlining a company’s internal immigration process to reduce costs and facilitate H-1B and L1 transfers and employment immigration issues with current U.S. immigration policies. The meeting was attended by senior professionals heading the HR and immigration departments of top U.S. companies.

Membership

By joining AMCHAM India, you become part of an active and dynamic Apex Chamber of U.S. Industry in India with a membership base of more than 400 American companies in India. AMCHAM is an important voice for policy advocacy, a critical source for business intelligence, a vibrant platform for networking and expanding your business.

Roundtable Meeting with Ms. Fatema Sumar, Millennium Challenge Corporation: Opportunities to Partner in Development Projects & Economic Growth 24th July 2017

American Chamber of Commerce in India
Apex Chamber of U.S. Industry in India

Roundtable Meeting with Ms. Fatema Sumar, Millennium Challenge Corporation: Opportunities to Partner in Development Projects & Economic Growth – 24th July 2017

AMCHAM India and the U.S. Consulate General Mumbai, met with Ms. Fatema Sumar, Regional Deputy Vice President, Europe, Asia, Pacific and Latin America, Millennium Challenge Corporation on Monday, 24th July 2017 in Mumbai, to discuss opportunities to partner in development projects and economic growth.

At the meeting, Ms. Surabhi Wahal, Regional Director- Western Region, AMCHAM India, spoke about the keen interest of AMCHAM India to find a synergy for partnership between its members and the Millennium Challenge Corporation in fostering growth and development. The interaction focussed on policies, funding mechanism, cross border projects, bidding opportunities in international projects for U.S. companies in India and other relevant aspects. AMCHAM’s strengths and initiatives across industry sectors brought much interest to the dialogue.

Ms. Fatema Sumar, in her address, highlighted the initiatives of the Millennium Challenge Corporation, an innovative and independent U.S. foreign aid agency that is helping lead the fight against global poverty with a special focus on ‘development.’ The corporation partners with poorer countries across the Latin America, Africa, Europe, Asia and the Pacific (such as Nepal, Sri Lanka, Philippines, Indonesia) that show they are committed to good governance, economic freedom, and investing in their citizens. Ms. Sumar spoke of the organization’s interest in partnering with AMCHAM and creating an outreach to member companies to collaborate on various projects with a special focus on infrastructure. The meeting concluded with a common vision to work on the developmental goals of the two countries.

Membership

By joining AMCHAM India, you become part of an active and dynamic Apex Chamber of U.S. Industry in India with a membership base of more than 400 American companies in India. AMCHAM is an important voice for policy advocacy, a critical source for business intelligence, a vibrant platform for networking and expanding your business.