The South Asian Times

20 February 2019 10:47 AM

IACC's first ever women delegation visits USA

By SATimes Team

New York: The first ever women delegation of Indo-American Chamber of Commerce from India is ready to wrap up their packed June 20-28 visit to the US which included attending the Select USA Investment Summit in Washington DC last week.

The delegation of 13 successful women entrepreneurs was led by Madhulika Gupta, Regional President IACC, with Deepesh Deshmukh, advisor of the delegation, and Rakhi Panda, Regional Director IACC. 

The delegation had meetings with officials including Karen Dunn Kelly, at the U.S. Department of Commerce; Cindy Hall, President, Women’s Congressional Policy Institute; Kenneth Juster, US Ambassador to India, and Navtej Sarna, Indian Ambassador to US. In the private sector they  met Shamina Singh of MasterCard, Dr Sue Henderson, President, NJCU,  Daryl Rand, President and CEO Harrison Rand, Kiersten Barnet and Lauren Berry from Bloomberg, and so on.

Rakhi Panda told The South Asian Times: “The fundamental purpose of our visit is to make sure that each one of the delegates gets an opportunity to acquire new knowledge, explore resources and build a strong network that is required to expand business within India as well as globally.”

A report published in 2016 by the McKinsey Global Institute said that if every country could narrow its gender gap at the same historical rate as the fastest-improving nation in its regional peer group, the world could add $12 trillion to its annual GDP by 2025. That is some 11 percent higher than it would on our current track under optimal conditions. 
What many women across the world lack today is the inability to get the right kind of connectivity, financial support and guidance required to start and run their businesses. This is where non-profit chambers like the IACC steps in.

IACC is a bilateral industry association that strives to enhance Indo-US trade and commerce. 

Update: 28 June, 2018