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Rediff.com  » Business » US trade mission to visit India next month

US trade mission to visit India next month

October 07, 2011 12:14 IST

DollarsThe India-US World Affairs Institute will lead a certified trade mission to India in collaboration with the US Department of Commerce later this year.

The trade mission will visit Hyderabad, Mumbai and New Delhi between November 26 and December 3, a media release announced.

It will offer US companies in several high technology sectors the opportunity to experience the substantial opportunities that exist in India first-hand.

The mission will focus on sectors such as aerospace, defence and homeland security, civil aviation, energy, higher education, information and communications technologies and life sciences and food technology, among others.

The institute has also been selected by the State of Maryland as their official partner for the first-ever gubernatorial trade delegation to India, to be led by Governor Martin O'Malley in late November.

"America's and India's fortunes in the 21st century seem irrevocably tied together and it is in the interests of both nations to continue working together in business, defence, homeland security, foreign affairs and other spheres," said Raj Dave, the chairman of the India-US World Affairs Institute.

"America's exports to India have been growing at up to 30 per cent a year for over six years, faster than our exports to almost any other major country in the world, and with India's growing middle class, there are opportunities for exports for American companies from practically all industrial and services sectors," said Vinod Jain, the president and chief executive officer of the India-US World Affairs Institute.

Lalit K Jha in Washington
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