What is USISPF?
US-India Strategic Partnership Forum (USISPF) is a non-profit organization, established in 2017 that works for the partnership between India and the U.S.
- Chairman of USISPF: John Chambers
- Headquarter: Washington DC, USA
Topics Covered:
4) Annual Leadership Summits of USISPF
Objective of USISPF
The primary objective of strengthening the India-US bilateral and strategic partnership through policy advocacy in the fields of economic growth, entrepreneurship, employment-creation, and innovation.
While promoting trade is an important aspect of USISPF, its focus reaches far beyond promoting commerce and also includes job creation, inclusion, start-ups, innovation, and education.
6 Pillars of USISPF
The 6 pillars of US-India Strategic Partnership Forum (USISPF) are:
- Business Policy Advocacy
- Legislative Affairs
- B-B-G Opportunities
- Inclusive development
- Strategic engagement
- Education, Innovation and Entrepreneurship
1) Business Policy Advocacy
USISPF helps its member companies engage with federal and state governments on sector-specific policy advocacy, to provide ease of doing business and strengthen the economic and commercial partnership between the two countries.
2) Legislative Affairs
USISPF facilitates engagement between its member companies and the legislative branches in both countries through frequent structured dialogues with U.S. Members of Congress and with Members of Parliament in India.
3) B-B-G Opportunities
USISPF provides its member companies a platform to work together and to track opportunities at the state and federal level. USISPF also drives deeper collaboration by facilitating introductions between government and businesses, where appropriate.
4) Inclusive development
USISPF helps its members work collaboratively with NGO partners. It assists companies in identifying opportunities to aggregate their CSR investment with government, non-profit, and private sector partners, to bridge the gap between corporate initiatives and government priorities.
5) Strategic engagement
USISPF leads initiatives to support public-private collaboration between businesses, governments, and other stakeholders, to tackle regional challenges through deeper stakeholder engagement, theme-based research, and on-the-ground, practical knowledge sharing.
6) Education, Innovation and Entrepreneurship
USISPF believes education, innovation, & entrepreneurship are engrained in the DNA of both countries. USISPF works with its members and partners to create an environment that promotes unrestricted student mobility, creates a robust IPR framework to support cutting-edge innovation, and offers entrepreneurs in the U.S. and India the ability to access both markets.
- Sectors like defence trade, commercial aircrafts, oil and LNG, coal, machinery and electronics are areas of potential growth in US investments and commerce into India.
- Indian industry has an opportunity to promote automotive, pharmaceuticals, seafood, IT and travel services to the US market.
Annual LeadershipSummits of USISPF
The board of US-India Strategic Partnership Forum (USISPF) was established in 2017 and following annual leadership summits have been held so far:
1) 1st Annual Leadership Summit of USISPF (2018)
The 1st Annual Leadership Summit of USISPF was held in Washington DC, USA in 2018.
- Held at: Washington DC, USA
- Theme 2018: Strengthening the Strategic Partnership
2) 2nd Annual Leadership Summit of USISPF (July 2019)
The 2nd Annual Leadership Summit of USISPF was held in Washington DC, USA in Jul 2019.
- Held at: Washington DC, USA
- Theme 2019:
- 2019 Global Excellence Award: MasterCard CEO and President Ajay Banga and Wipro Chairman Azim Premji
3) 2nd Annual India Leadership Summit of USISPF (Oct 2019)
The 2nd Annual India Leadership Summit of USISPF was held in New Delhi, India in Oct 2019.
- Held at: New Delhi
- Theme 2019: Partners of Growth
- India stands for 3 D's : Democracy, Demography and Dimaag
- India is looking to the US for technology, innovation, skills and quality education. India on the other hand offers an attractive market to US businesses and skilled labour that can add value to American companies.
- Reforms taken by Ministry of Commerce and Industry, India
- Commerce and Industry Ministry of India is working to create a single window for investments into India.
- Department of Commerce is also working to bring down the cost of logistics that have to be borne by manufacturing companies in India.
4) 3rd Annual Leadership Summit of USISPF (2020)
The 3rd Annual Leadership Summit of USISPF was held virtually in September 2020 due to Coronavirus pandemic.
- Held: Virtually
- Theme 2020: "US-India Navigating New Challenges"
- 2020 Leadership Award: Mahindra Group Chairman Anand Mahindra, Adobe CEO Shantanu Narayen
Initiatives of USISPF
The important initiatives taken by USISPF are:
- US-India Tax Forum
- future of taxation
- how businesses and government can work together in a global digital world.
- US-India Startup Connect
- South Asia Women in Energy Platform (SAWIE)
U.S. Agency for International Development (USAID) and U.S.-India Strategic Partnership Forum (USISPF) have launched the “South Asia Women in Energy (SAWIE) platform to promote women’s empowerment and gender sensitization in the energy sector in South Asia region.
SAWIE platform will bring together leaders, particularly women leaders, across the energy sector to design interventions focused around :
- outreach and recruitment;
- mentorship and leadership;
- increasing women’s participation in networking and brainstorming events, and
- professional development that can help bridge the gender gaps
USAID is supporting the SAWIE platform under its “Greening the Grid – Renewable Integration and Sustainable Energy (GTG-RISE)” Initiative, a bilateral project with the Ministry of Power.
GTG-RISE is a key initiative under USAID’s Asia EDGE (Enhancing Growth and Development through Energy) and is implemented by Deloitte Consulting LLP.
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