U.S.- INDIA BUSINESS COUNCIL (Syllabus: GS Paper 2 – IR)

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Context: A U.S.-India Business Council (USIBC) delegation, led by its Executive Vice Chairman, met with the Union Minister in Delhi to discuss various collaboration opportunities.


U.S.- India Business Council (USIBC)

  • About: The USIBC represents top global companies operating in the U.S. and India, facilitating connections between businesses and governments in both nations.
  • Formation: The U.S.-India Business Council (USIBC) was established in 1975 at the request of the U.S. and Indian governments.
  • Aim: The Council seeks to create an inclusive trade environment between India and the U.S. by representing industries, connecting businesses with governments, and fostering long-term partnerships.
  • Membership: The USIBC comprises approximately 200 member companies, with 70% based in the United States and 30% in India.
  • Headquarters: Washington D.C.
  • Regional Offices: The USIBC maintains offices in Delhi, Mumbai, and Bengaluru.
  • Association: The USIBC is affiliated with the U.S. Chamber of Commerce.


Key Points of the Meeting

  • Green Initiatives: Focus on deploying Greenfield renewable energy, battery storage, and emerging green technologies.
  • Advanced Technologies: Emphasis on advancements in quantum technology, artificial intelligence, critical metals, and semiconductors.
  • Anusandhan NRF: Proposal for a research foundation in India modeled after the U.S. National Research Foundation.
  • Biotech Growth: The biotech industry in India has grown to $140 billion, with over 4,000 companies.
  • Space Collaboration: The NISAR mission with NASA and ISRO showcases India's capabilities in the space sector.


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