AMCHAM’s Hyderabad Chapter organized a meeting at Medtronic in Hyderabad on November 29th with Mr. Jonathan Heimer, Honorary National Executive Board Member, AMCHAM and Minister Counselor for Commercial Affairs, U.S. Embassy. He was accompanied by Mr. Andrew Edlefsen, Principal Commercial Officer, U.S. Consulate General Hyderabad. Mr. Prakash Bodla, Chairman – Hyderabad Chapter, AMCHAM and MD, Carrier Technologies welcomed him and led the discussion on a wide range of topics including, manufacturing, GCCs and the economy, among others.

On November 28th, AMCHAM members interacted with Mr. Tarun Chhabra, Senior Director for Technology and National Security, National Security Council, Executive Office of the President, Ms. Helena Fu, Director for Technology and National Security, National Security Council, Executive Office of the President and Ms. Kathleen Stevens, Office of the Science and Technology Cooperation, U.S. Department of State in New Delhi on various topics ranging from semiconductors, AI, quantum, space, defense innovation, biotechnology and open-RAN. Members enjoyed the opportunity to interact candidly with the visiting delegation and shared views on these topics while seeking advice.

On November 25th, AMCHAM’s Energy Committee met virtually to discuss the way forward for the committee. Ms. Ranjana Khanna, Director General CEO, AMCHAM opened the discussion and welcomed participants. Mr. Chirag Baijal, Co-Chairman – Energy Committee, AMCHAM and Managing Director HVAC region, Carrier Airconditioning and Refrigeration Limited, very briefly laid out the way forward for the committee and urged members to support the secretariat to take forward the charter. Each member addressed present issues and policy points that needed to be taken up.

AMCHAM was invited to the pre-budget meeting on Union Budget 2023-24 on November 23rd by the Department of Revenue, Ministry of Finance, Government of India. The meeting was held under the chairpersonship of Mr. Nitin Gupta, Chairman, Central Board of Direct Taxes (CBDT), Department of Revenue, Ministry of Finance. AMCHAM made a presentation on direct and indirect tax recommendations based on the detailed suggestions received from members earlier and submitted to the Department of Revenue on November 4th. Wg Cdr Rajiv Anand, Program Director, AMCHAM gave opening remarks, Ms. Neeru Ahuja, Chairperson – Tax, Tariff and Regulatory Affairs Committee, AMCHAM and Partner, Deloitte India covered the direct tax suggestions and Ms. Garima Pande, Co-Chairperson – Tax, Tariff and Regulatory Affairs Committee, AMCHAM and Partner & National Leader, Global Compliance and Reporting, Ernst & Young, covered the indirect tax suggestions, followed by an interactive discussion. The presentation made to the Department of Revenue, Ministry of Finance can be viewed HERE