November 10, 2010

President Obama Meets With Ingersoll Rand India President Valluri

Above: Viewing the Ingersoll Rand display at the Agriculture and Food Security Expo are (foreground, from left) President Barack Obama, Ingersoll Rand India President Venkatesh Valluri and U.S. Department of Agriculture Secretary Tom Vilsack.

Ingersoll Rand represented at high-powered roundtables on agriculture policy and innovation

Ingersoll Rand was one of 11 institutions invited to display their innovations at the Agriculture and Food Security Expo attended by President Barack Obama on November 7 at St. Xavier’s College in Mumbai. While President Obama viewed our display, Ingersoll Rand India President Venkatesh Valluri explained our company's presence in India and achievements in the area of food security. Our Thermo King B100 refrigeration unit for small delivery vans was very well received by the visiting U.S. delegation. The battery-operated B100 is an ideal innovation for India, as farmers will now be able to transport farm produce safely and efficiently to primary collection centers. Venky spoke about the capabilities of the B100 with Tom Vilsack, secretary of the U.S. Department of Agriculture. "Secretary Vilsack did inquire if this concept could be applied globally, especially in countries in Africa," says Venky. "In fact, the secretary wanted to know if we could do it in the U.S., too."

Co-organized by the Confederation of Indian Industries (CII) with the U.S. Agency for International Development and U.S. Department of Agriculture, the exposition showcased the efforts of U.S. and Indian institutions, including universities, non-government organizations and corporations, to develop tools and technologies that are revolutionizing the lives of Indian farmers. Apart from the fair, Venky also participated in a CEO roundtable on "Agri Policy Dialogue" organized by CII.

On November 8, Venky represented Ingersoll Rand at a roundtable on "India-U.S. Partnership for Innovation" organized by the U.S. India Business Council in New Delhi. The roundtable was attended by Francisco Sanchez, under secretary of commerce for international trade, U.S. Department of Commerce, International Trade Administration, and two of India’s well-known industry and policy experts, Arun Maira, member, Planning Commission, Government of India, and Sam Pitroda, advisor to the Prime Minister of India on Public Information Infrastructure and Innovations. Ingersoll Rand was the only company represented at this high-powered roundtable on innovation partnerships. During the discussion, in a comment on a point made by Pitroda regarding local solutions to basic problems, Venky said out that a key challenge for local solutions is the difficulty in scaling up such innovations to a global scale and transferring the innovation to other countries.

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