Wisconsin Department of Commerce Newsletter
October 2005
Doing Business in India

On November 16-17, the Department of Commerce will co-sponsor three events on doing business in India. Asia's third largest economy with annual growth rates of over 7% a year, India is touted by many as the next major export market for U.S. firms. The United States is both India's largest trading and investment partner. Wisconsin firms are projected to sell over $130 million in industrial machinery, electrical machinery, instruments and other goods to India this year. This figure is more than double that of five years ago.

Featured speakers at the three events will be Anand Desai, Managing Partner of DSK Legal of Mumbai, India (formerly Arthur Anderson India) and Asha Nath, Managing Director of Asha Nath Limited, an import and distribution company with offices in New Delhi, Goa and Belgaum. Both speakers are intimately aware of the problems faced by foreign firms seeking to enter or expand sales in the Indian market.

On November 16, the Wisconsin International Credit Executives (ICE) will serve as primary host for an all day session at the Italian Cultural Center in Milwaukee. In addition to the speakers from India, some of Wisconsin's top talent from the international business and education community will participate. Details on the program are available on-line at the ICE website (www.icewi.org). For additional information, contact Dianna Rowinski, diannar@nacmwi.org, ph: (262) 827-2880.

The Metropolitan Milwaukee Association of Commerce (MMAC) will host an Executive Breakfast on India on November 17. For further information on this by invitation event, contact Michele McFarland at MMAC, mmcfarland@mmac.org, ph: (414) 287-4141. That afternoon the Madison International Trade Association (MITA), South Central Wisconsin World Trade Association, and the UW Madison's centers for World Affairs and the Global Economy (WAGE) and Center for International Business, Education and Research (CIBER) will host a program featuring the visitors from India. Also speaking at the Madison event will be Chris E. Maeder, President and CEO of Boss International, a Madison based world leader in the field of civil and environmental engineering software. For further information on the Madison event contact MITA President Paul Eversman, paul.eversman@associatedbank.com, ph: (414) 283-2353 or Sachin Tuli, Assistant Director at the UW CIBER, tuli@bus.wisc.edu, ph: (608)265-4938.

Additional information on opportunities and challenges for Wisconsin businesses interested in the Indian market can be obtained from Lou Janowski, the Department of Commerce's Middle East/South Asia Specialist, ljanowski@ccommerce.state.wi.us, ph: (608) 266-0393.

- Stanley Pfrang

The newsletter is issued electronically every other month.

Please send comments or questions to Barbro McGinn, editor.

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