A Memorandum of Understanding was signed between the Indo American Chamber of Commerce (IACC) and Management Development Institute (MDI), Gurgaon, to offer training and research and national consultation on joining the IACC.

Mr. Vinod Chandiok, President, IACC, and Dr Devi Singh, Director of MDI have signed the declaration of intent, in the presence of Mr. Singh, VP, President, Industrial Finance Corporation of India.