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Key considerations before starting a business in India

 While Western companies tend to specialize in a single sector, most Indian enterprises offer a wide range of products and services. Before your trip to India, it is a good idea to think about the intellectual property sharing arrangements that Indian companies are likely to need as part of a transaction with you. India is a land of Cultural Diversity You need to be prepared for a wide range of cultural differences in India, not just in the North, South, East, and West. While Mumbai is the financial capital of the world, it is also a difficult place to do business due to the sheer volume and speed with which everything is done there. In addition to being the country's political capital, New Delhi is also an important commercial hub. While formal and stuffy, it is also more pleasant to live in. As a city in the southern part of India, Chennai is known for its slower pace and southern characteristics. Research is the key to understanding the strengths and weaknesses of different regi...

The Workplace, Workforce and Leadership Imperatives

 AMCHAM’s Northern Region Council Executive Committee had its first meeting for 2020-21 on September 11th. The meeting was chaired by Mr. William Blair, Chairman – Northern Region, AMCHAM and Vice President and Chief Executive Lockheed Martin India Private Limited. The committee was briefed by Wg Cdr Rajiv Anand on the status of actionable points from the previous meeting. Members extensively discussed the aspect and importance of interaction with states in north India and the format of Joint Working Groups being proposed for the same. Discussions also centered around how AMCHAM can be supportive of the national initiative of Atmanirbhar Bharat by engaging at the right levels and be active partners in this direction.  This would also capture and recognize the relevance and significance of U.S. FDI in economic revival within states. Members offered to support state initiatives with data and work that has already been accomplished. The council would summarize decisions taken dur...