Indian companies like TCS, Binani Industries and Reliance Mediaworks awarded ~
Mumbai, (Ajay Rawal) : The Indo-American Chamber of Commerce (IACC), the only bi-lateral Chamber of Commerce in India, today formally honored Tata Consultancy Services, as the Overall Best Indian Company operating in US at the 8th Indo-American Corporate Excellence Awards (I-ACE) held on July 4, 2012 in Mumbai.
The Chief Guest at the event was Shri Subodh Kant Sahai, Hon’ble Union Minister for Tourism, Government of India. The event witnessed eminent dignitaries across the Indo-U.S Corporate and entertainment sector commemorating the American Independence Day. The Guest of Honour for the evening was Mr. Peter Haas, Consul General, US Consulate, Mumbai and joining him was Mr. Harsh Goenka, Chairman, RPG Group.
Mr. Anand Desai, National President, IACC commenting on this celebratory occasion said, “Both India and US play a significant role in today’s global arena. US and India, the world’s two largest democracies are rapidly strengthening their bilateral ties and IACC has played a fundamental role in promoting and strengthening Indo-US trade and business relationships for over 40 years. Through these awards, we strive to motivate companies in both countries to deliver greater value to their customers, enhance employment and participate in CSR, in turn boosting the economy of both countries”
Speaking on this occasion Mr. Pradeep Udhas, Chairman, I-ACE Awards, and Executive Director, KPMG said, “The US-India partnership is realizing more of its great potential with each passing year. The continuing trade and investment association between businesses & entrepreneurs of both these great nations, coupled with improved collaboration and coordination between our governments, we will address many common challenges and achieve shared goals, ultimately leading to improved economic well being for the citizens of both countries.”
On being awarded as the Overall Best Company, Mr. S. Mahalingam, CFO, Tata Consultancy Services commented, “We are delighted to receive this award for corporate excellence from the Indo-American Chamber of Commerce. North America is integral to our global operations and we continue to partner with organisations in that region, helping them to create value on a sustained basis for all stakeholders.”
The event witnessed a high-profile guest list which included well-known Bollywood personalities like Salman Khan and Nargis Fakhri.
Trade between India and the US is expected to reach $100 billion by end of 2012, while Indian companies are strengthening their presence in the US across various sectors. Some of the high potential sectors identified by The Indo American Chamber of Commerce that would boost trade volumes are food processing, education and infrastructure.