FICCI-IIFA Global Business Forum 2014
Hosted by the University of South Florida College of Business
Tampa Convention Center
Tampa, April 24 & 25, 2014
Theme: "Indo-U.S. Partnership: A Catalyst for Economic Growth"
The commercial ties between India and the United States have existed for more than three centuries. Initial trade in ice, tea, and spices transitioned to trade in a wide variety of products from software to aircraft, as well as foreign direct investments, business partnerships, and offshoring and outsourcing of services.
Today, the Indian-American community has been at the forefront of innovation, knowledge-based services, and entrepreneurship, creating jobs and contributing to the U.S. economy. Two-way trade in goods between India and the U.S. crossed the $60 billion mark in 2012, but there is potential for reaching the $100 billion mark. The Indian economy has grown to be the10th largest in the world, and experts project India will become one of the top five economic powers by 2050.
India and the United States follow business practices anchored in core values of democracy, pluralism, individual freedom, and respect for contractual obligations. These similar values provide a starting point for these two nations to pursue deeper partnerships and enjoy the resulting benefits. However, protectionist policies followed by both nations are obstacles to deeper commerce ties. These policies include barring foreign companies from certain sectors of the economy and raising the cost of doing business through regulations and legal measures.
With the trade relationship between the U.S. and India at its highest levels ever and the possibilities for growth even higher, the FICCI-IIFA Global Business Forum, a joint event of the Federation of Indian Chambers of Commerce and Industry and the International Indian Film Academy, will come to the United States for the first time in 2014. This forum will bring together business leaders from India and America to explore new commercial opportunities. It will also provide a platform for Indian-Americans to engage in discussion and professional development.
Hosted by the University of South Florida College of Business, the forum will be a two-day event.