A group of eminent Indian-Americans have come together to announce a commitment of $100 million for startups towards the socio-economic development of Amritsar, the first of its kind initiative for any Indian city by the diaspora. In collaboration with the Federation of Indian Chamber of Commerce and Industries (FICCI) and the US-India Strategic Partnership Forum (USISPF), a group of eminent Indian-Americans and Indians living in the US had their first meeting in a Maryland suburb of Washington DC to announce the formation of Viksit Amritsar Initiative.