Farewell for Mr Richard Craig, FSC Officer U.S. Consulate & Presentation on Socio-Economic impact of US INVESTMENT in India by Dr. Saon Ray. 30 June, 2014 –Kolkata

Amcham Eastern Region Chapter organized a gathering to bid farewell to Mr Richard Craig – FSC Officer U S Consulate. Mr. Suranjan Bhanja, Chairman Amcham Eastern Chapter, gave the welcome remarks and spoke of Richard’s assignments in Kolkata. He also spoke of Richard’s contribution towards the growth and establishment of Amcham. The group wished him the very best for his future assignments. Mr. Richard Craig spoke of the varied activities he carried out as a part of the Commercial Department over the past years, in Kolkata and other eastern & north eastern states of India.

Others who spoke on the occasion were Ms. Helen Lafave, the U.S. Consul General, Mr. Gulshan Sachdev and Mr. Surajit Banerjee.

This was followed with a presentation by Dr. Saon Ray, ICRIER and author of the Amcham –ICRIER publication – Impact of American INVESTMENT in India. This session was moderated by Mr. Joydeep Dutta Gupta.

Dr. Ray’s presentation highlighted the history of the publication and the research which went into it, main points and issues highlighted in the book, changes brought about by US INVESTMENTS and key sectors impacted by US FDI like IT, Pharmaceuticals, Automobiles, Consultancy, Banking & Finance and FMCG, Direct & Indirect contributions as well as challenges faced for investments. The interactive sessions ended with questions and answers.