The Institute for Competitiveness, India has signed a Memorandum of Understanding with the US Council on Competitiveness to officially launch the India Council on Competitiveness. The Council is an association of distinguished members from industry, academia, think tanks, media and researchers that aims to ensure the future prosperity of all Indians and enhanced Indian competitiveness in the global economy through the creation of high-value economic activity in India. The MoU recognises the importance of developing effective US-India and global competitiveness policies and strategies to promote sustainable economic growth and establishes a strategic partnership to mobilise a critical mass of leaders and experts in order to promote sustainable economic growth.  This cooperative effort will create a platform for mutual exchange and innovative activities that can fuel productivity, growth and economic prosperity for both countries.