BY VEENA RAO
The Asian Indian Chamber of Commerce (AICC) recently hosted a reception for K.V. Kumar, advisor & member of the National Advisory Council, US Small Business Administration (SBA) and chairman emeritus, U S Indian American Chamber of Commerce at the Fisher & Phillips LLP offices in Buckhead. Several special guests including former Senator Max Cleland (D), SBA Georgia District Director Terri Dennison, Professor Emeritus, Bikramjit Garcha, Georgia State University and President Jagdish Joshi of Globiz Synergy,Inc. attended the meeting.
In his keynote address, Kumar drew attention to the fact that India is now reinvesting in the US through high profile takeovers, opening of US call centers etc.
“India realizes that the US was the first to help (transform its economy). Now it is pay back time,” he said.
In a global economy, the US cannot say that jobs should be retained in the country, he said, adding: “There will be a day soon when we will receive more money than we give away.”
Kumar said that for each Indian American in the country, jobs are generated for three Americans. Such is the magnitude of the community’s contribution to the US economy, he said.
Earlier in the evening, Sen. Max Cleland addressed the AICC members and well wishers. He said he was truly part of the Indian community in Atlanta.
“Our economy is in deep trouble. We need Indian investments and talents now, more than ever. We need to hook up for mutual survival,” he said.
AICC president Chandler Sharma introduced the guests, and outlined the forthcoming programs of the chamber. He said the AICC in partnership with the Small Business Administration will co-sponsor a series of four financial series workshops. All workshops are free. The Workshops are: Business Development Plan, Financing Options for your Small Business, Doing Business with the Government, 8(a) Certification - Minority Enterprise Certification.
The event, “An Evening with Mr. K V Kumar was co-hosted by the law firm of Fisher & Phillips LLP. Brenda Morant of AICC was the program chair for the event.