Business delegation from India focuses to strengthen bilateral business opportunities

The main objective of the delegation was to create business opportunities for Indian and U.S. companies and establish effective partnerships in these sectors

WASHINGTON (TIP): A Business delegation from India recently visited USA, focusing on Defense, Aerospace and Renewable Energy Sectors. The main objective of the delegation was to create business opportunities for Indian and U.S. companies and establish effective partnerships in these sectors. The delegation visited multiple cities including Atlanta (Georgia), Columbia (South Carolina), Huntsville (Alabama), Orlando (Florida) Seattle (Washington) and San Diego (California). They also participated in the South Carolina Aerospace Conference and Expo held in Columbia on August 30.

“Among the thrust areas, Defense, Aerospace and Renewable energy (power) are the most important sectors in India. The State of Tamil Nadu is the thrust area for the aerospace sector and it recently opened up 300 acres of Aerospace Park at Sriperumbudur in Chennai. As the Indo-U.S. relationship is robust and engaging, it is the time for the Indian industries to look for the investment partners/opportunities, informational exchange, knowledge and technology sharing with the companies in the U.S. in these sectors”, feels The Indo-American Chamber of Commerce (IACC).

Huntsville was the delegation’s final stop on a multiple-city tour that included Seattle, San Francisco, and Jacksonville. The group was comprised of government leaders and aerospace industry executives who were impressed what they saw in North Alabama. Multiple presentations were made by various members of the Indian delegation regarding aerospace projects, both civil and governmental, and opportunities for Alabama companies to supply parts.

The delegation was hosted by The North Alabama International Trade Association (NAITA), whose mission is generating international trade in the region. Representing NAITA, Anne Burkett (Director of Planning & Economic Development for Madison County), said they are excited to explore opportunities for increased collaboration with India, including joint ventures, strategic partnerships, and capital investments in North Alabama’s aerospace industry.

India’s delegation was led by Atulya Misra, Secretary of Industry for the government of Tamil Nadu—India’s sixth most populous state. Accompanying Mr. Misra was India’s Deputy Consul General D. V. Singh and many others who are integral to investments in the U.S. economy.

According to International Air Transport Association (IATA), India is the fastest growing domestic market globally, handling over 190 million passengers.  Over the next decade, the market is expected to reach 337 million domestic and 84 million international passengers.  This growth will create demand for new aircrafts, air navigation service technologies, airport security equipment, and increased infrastructure.

 

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