Wisconsin Department of Commerce Newsletter
Opportunity for Business Travel to India
India is the world's fastest growing free-market democracy and it presents many opportunities for Wisconsin businesses. Last year Wisconsin ranked #15 among the 50 states for shipments to India. Our exports to India grew by 20 percent to reach $138,414,711. Industrial and electrical machinery and medical devices dominate the state's exports to India, but the country's expanding economy and growing middle class are creating sales potential in many more industries.
To help more U.S. companies learn about India first hand and make the kind of contacts that will lead to long-term business success, the U.S. Department of Commerce is sponsoring a Business Development Mission to India to be led by the Under Secretary for the International Trade Administration. The mission will have two parts: the Mumbai Business Summit (November 29-30) and Spin-Off visits to key cities around India (December 4-5).
The Mumbai Business Summit will gather India's high-level business, industry, and government representatives in the country's commercial and financial capital. U.S. participants will be able to develop a broad network of useful contacts. Breakout sessions during the summit will address details of India's trade and investment climate.
The Spin-Off Visits were designed to give participants exposure to some of the great regional differences of the country. Participants can choose to visit Bangalore (the Silicon Valley of India), Chennai (an auto production and IT center), Hyderabad (home to the Indian School of Business and Microsoft's India Development Center), Kolkata (financial hub for eastern India with strong food processing, healthcare, and chemical industries), or New Delhi (the capital and center for defense, energy, environmental, telecommunications, and transportation centers). Participants may also choose to stay in Mumbai for additional meetings.
Space is limited. An initial interest form can be completed on-line at http://export.gov/indiamission/. A U.S. Commercial Service representative will get back to you with additional information.
-- Stanley Pfrang
The newsletter is issued electronically every other month.
Please send comments or questions to Barbro McGinn, editor.