iPINews September 2019, Volume 1, No. 9
A Forum for Indian Businesses in North East USA
(Covering: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island and Vermont)
September 3-7,2019 

Visit of Thiru Edappadi Palaniswami Chief Minister of Tamil Nadu

The Chief Minister of Tamil Nadu accompanied by ministers and high-ranking officials from the state, visited New York as part of US Tour between September 3 and 7, to attract business and investments to Tamil Nadu which is focusing on infrastructure development to propel the state’s economic growth trajectory. Business people and potential investors gathered in New York to listen to the pitch made by Chief Minister Thiru Edappadi K. Palaniswami and his top officials in the presence of number of American business people and officials, including former U.S. ambassador to India, Mr. Frank Wisner.

The New York roadshow – an investment seminar – jointly hosted by the Consulate General of India, New York and the U.S.-India Strategic Partnership Forum (USISPF), highlighted Tamil Nadu’s investment policies and initiatives to attract U.S. businesses to invest and provide technology in the state.

September 4, 2019

16 MoUs signed during Tamil Nadu Chief Minister’s U.S. visit in New York

In New York, 16 MoUs worth Rs. 2,780 Crores were signed between Tamil Nadu and US firms in sectors such as financial services, IT solutions, Pharma, Chemicals, Health, LNG, Petro-chemicals and cyber security. Mr. Palaniswami was accompanied by a delegation that included the Ministers of Industries M.C. Sampath, Milk and Dairy Development-Rajenthra Bhalaji, Revenue, Disaster Management and IT R.B. Udhayakumar, Chief Secretary K. Shanmugam, various government secretaries including CM’s secretary S. Vijayakumar and Industries secretary N. Muruganandam. Consul General of India in New York Mr. Sandeep Chakravorty was also present among those who addressed the gathering.

During the afternoon’s investors meet, Mr. Palamiswami spoke about former Tamil Nadu Chief Minister Jayalalithaa’s vision for developing Tamil Nadu as the numero uno State in India and his government’s progress in achieving that vision.
September 11-19, 2019

Visit of Industry delegation from Indo American Chamber of Commerce (IACC)

The Consulate General of India, New York, facilitated the visit of the Industry delegation in the Automotive & Aerospace Sector from Indo-American Chamber of Commerce (IACC) to Connecticut and Ohio. The delegation comprised of 17 members who explored opportunities for collaboration and partnership with companies in the US automotive and aviation sector.
September 16,2019

International Non-Profits and University Research Roundtable Opportunities in India

Eminent CEOs, CFOs, COOs, and HR Directors of globally active and ambitious U.S. non-profit organizations and universities attended the round table conference at CGI, NY – The event had different sessions related to Expanding Scope of the International Non-Profit Sector in India, Local Non-Profit Regulatory Landscape in India – Tax, FCRA and Foreign Exchange, Cross Border Banking Payments and Managing the Local Workforce in India.

September 18, 2019 

Mphasis awarded U.S. Patent for its Artificial Intelligence (AI) System for Cognitive Analysis of Data 

Mphasis has been granted U.S patent for its artificial intelligence (AI) system for tracking, managing and analyzing data from unstructured data sources. The newly issued patent US Patent relates to leveraging machine learning algorithms to analyze free text from a variety of communication channels including news and editorial articles, blogs, emails, consumer complaints, and social media. The patented system uses Natural Language Processing (NLP) algorithms to process the data in real-time. The patented system and methods have been deployed at several fortune 500 companies around the globe.
September 19, 2019

New Jersey governor Phil Murphy visits India for business-trade mission, more than 1200 jobs coming to New Jersey

NJ Governor Phil Murphy spent a week in India visiting six major cities and also met Indian Prime Minister Shri. Narendra Modi and mentioned he would like to grow the India-NJ business relationship. Three Indian companies with a presence in New Jersey will expand their operations and add more than 1,200 jobs. Tata Consultancy Services to expand its approximately 4,000 workforce in Metro Park by about 700 people, Larsen & Toubro to add 600 technology jobs to its roughly 400 workers and Birlasoft to add 160 jobs in Edison, New Jersey.

September 24, 2019

Flourishing Triangular Relationship: India-US-Israel

Dr. Subrahmanyam Jaishankar, External Affairs Minister of India met with representatives of US Jewish Organizations representatives at Consulate General of India, New York and discussed mutual interests, common challenges and aspirations.

September 24,2019

Prime Minister, Mr. Narendra Modi conferred the "Global Goalkeeper" award

Hon’ble Prime Minister, Mr. Narendra Modi was conferred the "Global Goalkeeper" award by the Bill & Melinda Gates Foundation at the fourth annual Global Goalkeeper Awards on September 24, 2019 for his leadership in India’s massive Swachh Bharat Abhiyan. The Global Goalkeeper Award aims to recognize a political leader for his/ her commitment to the global goals through impactful work in their country. The event was organized by Bill & Melinda Gates Foundation in close co-ordination with Consulate General of India at New York. 
September 24,2019

Prime Minister Narendra Modi at Bloomberg Global Business Forum in New York

Prime Minister delivered the Keynote address at the 2019 Bloomberg Global Business Forum on September 25, 2019. Mr. Michael R. Bloomberg, CEO of Bloomberg L.P. welcomed Hon’ble Prime Minister, Narendra Modi and announced two new initiatives in partnership with the Government of India, focused on strengthening international investment. These two new initiatives – partnering with India to navigate inclusion in global benchmark indices and supporting the development of India’s International Financial Services Center (IFSC) at the Gujarat International Finance Tec-City (“GIFT City”) – will leverage Bloomberg’s expertise and connectivity to help international investors access India’s capital markets, in turn providing India’s businesses and government with new funds to invest and grow.

September 25,2019

Prime Minister Narendra Modi Interacts with Over 40 Global CEOs and senior executives in New York

Prime Minister Narendra Modi had a round-table conference with top Global CEO’s and senior executives in New York. The extensive agenda includes harnessing investment opportunities in India and boosting commercial linkages between India and USA. Prime Minister highlighted the steps taken by India to build a $5 trillion economy and explained about the four factors Democracy, Demography, Demand and Decisiveness which make India a unique destination for investment. 
September 26,2019

Interactive Session with Mr. Piyush Goyal, Minister of Railways and Commerce & Industry at the Consulate

Mr. Piyush Goyal, Minister of Railways and Commerce & Industry had a special interactive session with business leaders at the Consulate on September 26, 2019. The interactive session was organized by US India Business Council (USIBC) and Confederation of Indian Industry (CII) in association with the Consulate General of India. 

September 27,2019

Infosys wins UN Global Climate Action Award for efforts towards climate change

Infosys announced that it has won the United Nations Global Climate Action Award in the ‘Climate Neutral Now’ category. The company is the only corporate from India to earn the recognition for its efforts to combat climate change. Infosys began its action to combat climate change in 2008, with an assessment of its carbon footprint. In 2011, Infosys made a voluntary commitment to the United Nations to become carbon neutral. The announcement of the winners came shortly, after the UN Climate Summit in New York was convened by UN Secretary General António Guterres. The award will be presented to Infosys at the UN Climate Change Conference (COP25) in Santiago, Chile to be held in December 2019.