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NRIs offer expertise on 100 projects

About one hundred projects with Indian-American expertise are to be launched offering help to Indian entrepreneurs.

india Updated: Dec 28, 2005 19:04 IST

Some of the best-known names of the Indian Diaspora in the US have come together to give something back to their mother country. What is more commendable is that it is not money but their expertise that is being provided.

About one hundred projects with Indian-American expertise are to be launched immediately. They are also looking at a two-way transfer of expertise.

The moving spirit behind the project is Indian-American Council which has just constituted a Board which boasts of names like Texas Pacific Group's General Partner, Vivek Paul; McKinsey & Co.'s Managing Director, Rajat Gupta, KPCB Partner, Vinod Khosla, UN Under Secretary General, Shashi Tharoor, and eminent academicians Murti G. Subramanyam (New York University), Krishna G. Palepu (Harvard) Raj Reddy (Carnegie Mellon) and Deepak C. Jain of JK Kellogg School.

Although to begin with, about 100 projects are being launched with expertise from Indian-Americans, the target is to take this number to 1000 by the end of 2006. For the first year, the Council will focus on Indian-Americans alone. Then it will go global.

The Council has tied up with the Confederation of Indian Industry to look for promising projects in India that are stuck for want of expertise. These projects could cement the bridge between Indian Americans and their roots.

While Sam Pitroda, who chairs the Confederation of Indian Industry-driven Indian American Council, is busy building bridges between the willing and the wanting under the aegis of the Council, he is also working on putting together the recommendations under the Knowledge Commission floated by the Prime Minister Manmohan Singh earlier.

First Published: Dec 28, 2005 19:04 IST