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US Trade Mission meets Indian entrepreneurs

Written by: Staff
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Bangalore, Dec 5 (UNI) A high-level Trade Mission from the United States today met entrepreneurs in Karnataka to explore trade possibilities, including joint ventures and distribution.

Addressing the meeting, organised by the Bangalore Chamber of Industry and Commerce (BCIC) here, Mr Patrick Kirwan, Director, Trade Promotion Coordination Committee, US Department of Commerce, said over 262 executives from 202 companies from the US were touring India to explore possibilities to increase trade relations between the two countries.

He said company representatives from a vast segment of industries in the US, including pharmaceutical, power, IT and healthcare, were looking for trade partners in India. The Trade Mission would visit various cities in the country, including Chennai, Kolkata, Mumbai, Hyderabad and New Delhi.

BCIC President Venkat Kedlaya, who also spoke on the occasion, said Karnataka offered tremendous opportunities for business in many sectors, including IT and other high-tech segments. The US had a strong presence in technology industries, with most of the US multinationals in IT and related sectors being present in the State.

Bangalore was also emerging as a major manufacturing hub for engineering, auto-components, machine tools and pharma sectors.

UNI MV GD SB1559

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