TECHNOLOGY MEDIA, AND TELECOMMUNICATIONS

The importance of technology in today’s globalized world is undeniable. The seamless flow of data and interoperability between our countries and businesses in a secure and effective manner is a pre-requisite to reap the benefits of being interconnected. The Technology, Media, and Telecommunications Committee aims to drive synergies and educate stakeholders to ensure flexibility in policymaking, given the dynamic nature of this sector. USISPF facilitates the exchange of ideas in artificial intelligence (AI), big data, and the Internet of Things (IoT), as these technology trends can greatly improve the lives of citizens. Moreover, seeking new solutions to cyber-security threats is another opportunity for the U.S and India to work together. USISPF liaises with stakeholders, on issues of intellectual property, and the further opening of the Indian media market for foreign investments in the sector.

ENERGY

USISPF promotes reforms that would expand India’s power sector and encourage safety, reliability, and efficiency in the generation, transmission, and distribution of power and grid management. A key component of this undertaking is a regulatory policy to promote renewable energy consumption. India can achieve its power generation targets by addressing key investment issues, including the creditworthiness of distribution utilities, domestic content requirements, and technological neutrality, bidding processes, land acquisition, and grid stability, which will facilitate greater participation by U.S companies. As the Government of India takes steps to increase exploration activity for oil and gas and accelerates the development of resources, USISPF helps companies advocate favorable policy reforms in hydrocarbon exploration and production, and promote effective implementation frameworks.

FOOD AND AGRICULTURE

The U.S. was instrumental in the Green Revolution in the 1960s and there is great potential for technology improvement in this area today. India represents a huge market for U.S. brands in India, and there has also been a growth in consumption of Indian food in the U.S. As the largest producer of milk and second largest producer of fruit and vegetables in the world, India possesses a huge raw material base. This base, paired with a growing 1.3 billion population, presents vast investment and partnership opportunities for the U.S. However, India is currently only processing ten percent of its food, resulting in enormous food waste. USISPF works to share U.S. best practices, technology, and innovation with India, and, in exchange for providing U.S. companies with investment opportunities in India’s enormous consumer base.

MANUFACTURING

USISPF believes that the Indian economy, and particularly its manufacturing sector, would gain substantially from an expansion of trade. Moreover, trade liberalization will be a catalyst for bigger domestic reforms that lead to doing business more easily. USISPF advocates expanding duty-free export opportunities for manufacturers in India and recommends increasing its export markets by concluding high-ambition free trade agreements (FTAs) with key countries. USISPF is committed to the long-term goal of a U.S.-India Free Trade Agreement, and we believe the successful completion of several other comprehensive bilateral FTAs will lay the groundwork for it. USISPF and its member companies are dedicated to supporting these initiatives, and we facilitate regular dialogs with relevant ministers to pursue the implementation of these recommendations.

Our Focus

Strategic Engagement

USISPF works towards setting the agenda on issues of bilateral and geo-political relevance. Our unique position of working closely with key decision makers enables us to contribute meaningfully in strengthening the strategic partnership between India and the U.S. The Forum’s areas of focus include:
  • Defense and Security
  • Energy and Infrastructure Development
  • Healthcare Access and Inclusion
  • Food Security and Agriculture

Policy Research & Advocacy

USISPF provides its member companies a platform to track policy developments at the state and federal level, new avenues for investment, and deepening engagement with relevant stakeholders. The Forum facilitates government and business introductions to drive collaboration.

Additionally, through theme-based research and knowledge sharing, the Forum is charting the next chapter in bilateral relations. Some of our research includes analysis of U.S.-India bilateral trade and growth trajectory, potential of India’s hi-tech manufacturing sector to create jobs, and analysis of India’s political landscape on the doing business environment.

Inclusive Development

USISPF focuses on inclusive growth by bridging the gap between corporate initiatives and government priorities. The Forum will pave the way for strategic development in both countries by aggregating CSR initiatives, assisting in PPP Projects, facilitating education-related exchanges, and building stronger cultural ties.

OUR POLICY STAFF

Stay Up-to-date with USISPF
Subscribe to receive email newsletters from our experts on U.S.-India strategic and commercial ties.