The Indus Entrepreneurs in Pittsburgh
On Friday, July 15, 2016, we visited The Indus Entrepreneurs [TiE], a global community of successful entrepreneurs, corporate executives and senior professionals that was founded in 1992 as a non-profit. It's the world’s largest entrepreneurial organization. Several of its pioneering members were involved in the development of the Silicon Valley. Originally, TiE was set up by entrepreneurs from South Asia, which includes India, Pakistan, Sri Lanka and Bangladesh. TiE is now open to everybody and it has 61 chapters in every major city in America and in 17 countries. It has a base of 2, 500 charter members and over 13,000 members.
TiE believes in the power of ideas to change the face of entrepreneurship and growing business through its five pillars – mentoring, networking, education, incubating and funding. The event organized by TiE Pittsburgh was held on July 15 at the Westin Convention Center and its theme was “Make in India”. The luncheon program opened with remarks by Atul Bansal, President and Chief Executive Officer of Timesys, a soft engineering company providing solutions for the IT industry on a global basis.
The Past President of TiE Pittsburgh, Ganesh Mani, an entrepreneur and investment manager for high-tech startups, introduced Riva Ganguly Das, the NY Consul General of India, who did an excellent overview of India’s pioneering industrialization plan, “Make in India.”
This presentation was followed by a situation report on India’s infrastructure by India’s Deputy Consul General Dr. Manoj Kumar Mohapatra. A quick introduction of other Indian officials attending the luncheon followed, including Rama Krishna, Chief Representative of Andhra Bank, with offices in Jersey City, and Katherine Thorat, District Passenger Sales Manager for Air India, in Chicago.
One of the main sponsors was Wabtec Corporation, which is based in the Greater Pittsburgh area and has factories and offices in India, China, Europe, Australia and South America. Wabtec (Westinghouse Air Brake) is a manufacturer of braking equipment and other parts for locomotive, freight cars and passenger railcars. About 40 participants were at the luncheon, and we took the opportunity to network with entrepreneurs, academics, business executives and students.