U.S.- INDIA IMPORTERS’ COUNCIL is a not-for-profit initiative started by a Group of Indian SME (Small & Medium Enterprises) Importers, responsible for imports of over $1 billion from the USA
Our Genesis goes back to post U.S. President's visit to India in 2010 (6th - 9th November).
The visit of our Prime Minister to Washington from 22nd - 26th November 2009 as the first State Guest of U.S. President reaffirmed the global strategic partnership between India and the United States. U.S. President's visit to India from 6th - 9th November 2010, imparted further momentum to bilateral cooperation and helped establish a long-term framework for India-US global strategic partnership. The U.S. President characterized India-US relationship as one of the defining partnerships of the 21st century.
US Department of Trade & Commerce well thought with Founder Directors of USIIC to form a council for Indian Importers to source from US and US exporters / manufacturer export to India.
India-US relations have become increasingly broad based covering cooperation in areas such as trade and economic, defence and security, education, science and technology, high-technology, civil nuclear energy, space technology and applications, clean energy, environment and health. People to people interaction provide further vitality and strength to bilateral relationship. There have been regular contacts at political and official levels and a wide-ranging dialogue architecture on bilateral, regional and global issues has been put in place.
The USIIC aims to be the leading organisation assisting government bodies, industry associations, corporates, agents, Indian importers, and American exporters in the United States and India, in the mutually beneficial exchange of products, services and techonologies, and in forging meaningful trade partnerships through dissemination of practical and relevant information and through the creation of networking platforms.
The US-India Importers’ Council acts as an Intermediary Organization to facilitate partnership and trade between Indian and American businesses, thus acting as a catalyst in promoting economic growth between the United States & India.
The bilateral trade between U.S. and India has grown from $19 billion in 2000 to over $100 billion in 2014. U.S. exports to India totaled $38 billion in 2015, supporting an estimated 181,000 U.S. jobs.Cumulative Indian foreign direct investment in the United States totaled $7.8 billion in 2014; U.S. foreign direct investment into India was $28 billion.
To improve the overall bilateral relationship, both the government established the Strategic and Commercial Dialogue (S&CD) as the signature, annual forum for policy discussions between the United States Government and the Government of India. The United States and Indian Governments are using this vehicle to advance shared priorities of generating economic growth, creating jobs, and strengthening the middle class.