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U.S.-India High Technology Cooperation Group
“Financing Innovation Forum”

July 1, 2003

Ronald Reagan International Trade Center
Washington, D.C.

Note: This Forum is now filled up.
No new registrations are being accepted.

8:30 – 9:00

Registration
9:00 - 9:20 Convening of HTCG – Private Sector Session
• Under Secretary of Commerce Kenneth I. Juster
• Indian Foreign Secretary Kanwal Sibal
9:20 – 9:30 Welcome and Introduction
• Under Secretary of Commerce Phil Bond
9:30 – 10:45

Panel Discussion: Current Climate for Investing in Innovation
Overview
• Rajat Gupta, Managing Director Worldwide,
McKinsey & Co.

Comments by Other Business Leaders
• P.C. Chatterjee, Chairman of the Chatterjee Group
• Amit Mitra, Chairman, Federation of Indian Chambers of Commerce and Industry (FICCI)
• Saurabh Srivastava, CEO, Xansa India Ltd.
• Enders Wimbush, Partner, Booz Allen Hamilton

10:45– 11:00 Break
11:00– 12:30

Breakout Sessions: Technology Sector Outlooks

Focus Areas:

IT Outlook – Co-Chairs:
• Arjun Batra, Director, Intel India Development Center
• Jerry Rao, Chairman and CEO, Mphasis


Defense Technologies Outlook – Co-Chairs:
• Serge Buchakjian, Senior Vice President for Defense and Space, Honeywell
• A.K. Ghosh, President and COO, VXL Technologies, Ltd.

Life Science Outlook – Co-Chairs:
• Bijan Dorri, Global Leader – Imaging and Medical Technologies, General Electric
• Sreenivas Devidas, Vice President - Business Development and Strategy, Jubilant Biosys Pvt. Ltd.

Nanotechnology Outlook – Co-Chairs:
• Michael Roco, Director, National Nanotech Initiative
• Krishna M. Ella, Chairman and Managing Director, Bharat BioTech International Ltd.

Participants will be asked to provide answers to the following questions:
1. What are the capabilities in India?
2. What are the best prospects for joint development?
3. What are the impediments to commercialization?
4. What are recommendations for policy makers?

There will be a rapporteur at each session. The co-chairs of the Breakout Sessions will present oral summaries in the subsequent Roundtable Session.
12:30– 1:45 Lunch Hosted by U.S.-India Business Council

Introduction of Luncheon Speaker
• Michael Clark, Executive Director of the U.S.-India Business Council

Luncheon Speech
• Deputy Secretary of Commerce Samuel Bodman
1:45– 2:15 The Role of Venture Capital

• Vinod Khosla, Partner, Kleiner Perkins (video conference)
2:15– 3:15 Roundtable Discussion: Factors Influencing Investors at the Firm Level – Lessons Learned from the Breakout Sessions

Moderator
• Under Secretary of Commerce Phil Bond

Reports of Breakout Sessions from Co-Chairpersons and Discussion
3:15– 3:30 Break
3:30– 5:00 Panel Discussion: Financing Innovation

Moderator
• Under Secretary of Commerce Phil Bond

Panelists
• Kanwal Rekhi, President & CEO, Ensim
• Al Berkeley, Vice Chairman, NASDAQ
• Renuka Ramnath, Managing Director and CEO, ICICI Venture Funds Management Company Ltd.
• Pratip Kar, Executive Director, Securities and Exchange Board of India
5:00– 5:30 Conclusion

Observations
• Amb. Thomas Pickering, Senior Vice President, Boeing
• Bharat Wakhlu, President, Tata Inc.

Concluding Remarks
• Under Secretary of Commerce Phil Bond










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