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India Business Newsletter
September 01 - September 30, 2021
Greetings from Consulate General of India,
New York!
Welcome to the September 2021 edition of our newsletter, bringing you important policy and high-impact news about India.
We hope you find it useful.
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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)
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PM Narendra Modi clocks 20 meetings in his
65-hour stay in US
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Prime Minister Narendra Modi's three-day trip to the United States was packed with meetings as he attended 20 of them during the around 65 hours he spent in the country, government sources said.
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India makes clean energy commitments at UN summit
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India at the first leader-level meeting on energy under the UN General Assembly in 40 years has made commitments to increase renewable energy installed capacity to 450 GW by 2030 and develop and implement a National Hydrogen Energy Mission to scale up annual green hydrogen production to 1 MT by 2030.
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US Returns 157 Unique Indian Antiquities As PM Modi's 3-day Visit Concludes
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Prime Minister Narendra Modi’s three-day visit to the United States which concluded on Saturday 25 September, 2021 is considered to be productive, in terms of diplomatic & geopolitical affairs. PM Modi delivered a strong message against terrorism and touched upon other major topics including tackling the COVID pandemic, India emerging as a frontrunner in the manufacturing of vaccines at the 76th UNGA. In another significant development, India will get back possession of one hundred and fifty-seven pieces of the Indian heritage.
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PM Narendra Modi meets Harris in US, MoD orders 118 Arjun tanks for army
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Prime Minister Narendra Modi on Thursday, September 23, 2021 described India and America as "natural partners" as he held the first in-person meeting with Vice President Kamala Harris at the White House during which they decided to further cement the Indo-US strategic partnership and discussed global issues of common interest.
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Always a pleasure to hear about his vision for India: Adobe CEO after meeting PM Modi
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The discussions between Prime Minister Narendra Modi and Adobe Chief Executive Officer Shantanu Narayen were focused on leveraging technology to provide smart education to youngsters and enhance research in India, the Ministry of External Affairs said on September 23, 2021. PM Modi held a series of discussions with industry leaders on the first day of this three-day visit to the United States.
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Two CEOs PM Modi meets today are Indian-Americans: Know about them
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Prime Minister Narendra Modi began his US engagement on Thursday September 23, 2021 by meeting five leading American CEOs from five key sectors. Two of them are Indian-Americans – Shantanu Narayen from Adobe and Vivek Lall from General Atomics. The other three are Cristiano E Amon from Qualcomm, Mark Widmar from First Solar, and Stephen A Schwarzman from Blackstone.
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Our missions over the world are engaging with stakeholders to get more demand: Piyush Goyal
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On slew of relief measures that have been announced for exporters, the idea is to give them much-needed relief as we are coming out of the COVID period. Talk to us about what will be the kind of relief that we will see for exporters in the next few days. Export has been a thrust area of this government and this year we have set a very aggressive goalpost for the country and I am delighted to share with you that the entire business community, exporter community is aligned with.
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US will help India with its target of achieving 450 GW of renewable energy by 2030: John Kerry
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United States Special Presidential Envoy for Climate, John Kerry, on Monday September 13, 2021 said that the US will assist India in attracting finance and technology to achieve its 450GW renewable energy target for 2030, as announced earlier by Prime Minister Modi.
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Consul General of India, New York addressed a virtual meeting led by Ms. Rachna Shah, Additional Secretary, Department of Commerce, NAFTA Division on September 01, 2021
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Participants exchanged ideas to achieve the national mission target of US$ 400 billion exports in the current financial year. Consul General was accompanied by Consul (Pol & PIC) during the webinar.
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Consul General of India, New York participated in the virtual signing of Memorandum of Understanding between the National Association of Software and Service Companies (NASSCOM) and Rhode Island Hub (RIHUB) on September 29, 2021
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To promote cross-border innovation, investment, and technological exchange between India and Rhode Island, NASSCOM, RIHub, and Rhode Island Commerce Corporation, have entered into a Memorandum of Understanding (MoU) for the purpose of- Promoting technology and technology-based Foreign Direct Investment between Rhode Island and India, Enhancing the global competitiveness of Rhode Island and Indian Companies, and Supporting collaborative research and development in areas of common interest between the organizations. Consul General was accompanied by Deputy Consul General and Consul (Pol & PIC) during the meeting.
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US President Joe Biden said that the Quad partnership is on track to produce a billion vaccines in India by 2022. He added that nothing was more urgent than working together to defeat COVID. Biden said the US & its global partners are working to scale up vaccine manufacturing in other nations.
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US climate envoy John Kerry arrives for
2-day India visit
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The US’s Special Presidential Envoy for Climate John Kerry arrived in India on Sunday 12, 2021 for his two-day visit that aims to lay the groundwork for American efforts ahead of a key United Nations climate conference scheduled for November.
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India-US hold ministerial meet on Strategic Clean Energy Partnership
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Minister of Petroleum and Natural Gas Hardeep Singh Puri on September 9, 2021 co-chaired a virtual Ministerial meeting with US Secretary of Energy Jennifer Granholm to launch the revamped India-US Strategic Clean Energy Partnership (SCEP).
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US senator moves bill for climate ties with India
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Senator Bob Menendez has introduced legislation for cooperation between the United States and India related to clean climate technologies and energy transmission. Bob Menendez, a Democratic lawmaker who heads the foreign relations committee of the US Senate, introduced legislation on Monday, September 13, 2021 proposing to create the main forum for cooperation between the United States and India related to clean climate technologies and energy transmission.
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Amazon unveils 'Jetsons'-like roaming robot for the home
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Amazon's version, called Astro, doesn't cook or clean like the animated character from “The Jetsons," but it can check if you left the stove on while you're out or send an alert if someone enters the house it doesn't recognize. Amazon's new robot can hear, see and follow you around the the home, but its no Rosey the Robot.
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US-based financial services company to hire 10,000 in India
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US-based Global financial services provider Fidelity Information Services (FIS) announced its plan to hire 10,000 people in India over the next one year as it sees increasing investment and growth prospects. The Florida-headquartered company plans a 12-month recruitment drive, and hiring will be at all levels of operations. A special focus will be given to graduates from tier-II and III cities.
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Address: Consulate General of India,
3 East 64th street (Between 5th and Madison Avenues),
New York, NY 10065
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