“I am honoured to be appointed to the USIBC board and look forward to contributing to the dialogue between the United States and India. The board is committed to advancing the commercial ties between both countries by focusing on key areas, including the lifting of FDI caps in sectors like insurance and defense, energy security, tax policies, protection of intellectual property, and immigration reform,” said Mr. Mahindra.
Anand Mahindra joins Ellen Lord, President & CEO, Textron Systems and Banmali Agrawala, President & CEO, South Asia, General Electric on the board among others. He was appointed Deputy Managing Director of Mahindra & Mahindra in 1991, became Managing Director in 1997, Vice Chairman in 2003, and Chairman of the Board in 2012.
U.S.-India Business Council (USIBC) was Formed in 1975 at the request of the U.S. and Indian governments. The bilateral trade association business advocacy organization advances U.S.-India commercial ties and comprises of 300 top-tier US and Indian companies. Ajay Banga, President & CEO of MasterCard is USIBC’s Chairman.