Ficci to send delegation to US ahead of Prime Minister Narendra Modi's visit

NEW DELHI: Ahead of Prime Minister Narendra Modi's visit to the US, industry body Ficci has mounted a multi-sectoral innovation and technology-led business delegation to showcase Indian innovations to investors, venture capitalists and angel investors in the Silicon Valley.

The delegation, which comprises of about 60 companies from sectors as diverse as information technology, healthcare & pharmaceuticals, clean energy, education and electronics, is leaving tonight and will depart from the US on September 26.

"Ficci has mounted this delegation with an aim to further strengthen the Indo-US strategic relations in the field of innovation and technology. Our endeavour is to match make highly innovative Indian enterprises with the US investors and businesses for global outreach of Indian innovations," Ficci Secretary General A Didar Singh said.

The prime objective of the visit is to showcase Indian innovations to the US investors, venture capitalists, angel investors in the Silicon Valley; learn best practices from leading technology incubators and technology commercialization centres and interact with representatives from the US federal labs and industries in Austin and Arlington.

The delegation has participation from senior leaders, including Saurabh Srivastava, Chairman, Steria; Yogesh Andlay, Co-Founder, Nucleus Software and Polaris Financial Technology & Board Member, School of Inspired Leadership and Padmaja Ruparel, President, Indian Angel Network.

The visit has been planned in partnership with the Indo-US Science and Technology Forum, TiE Silicon Valley, IC2 Institute at the University of Texas, Austin, Center for Innovation at Arlington and Global Organization of People of Indian Origin.

Modi will be reaching the US on September 26.