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Blog Category: India trade mission

India Trade Mission: Day 5 - Welcoming Indian Travelers to Visit the United States

Secretary Bryson addressing luncheon about the valuable experience American companies bring to Indian infrastructure projects

Commerce Secretary John Bryson today concluded his five-day business development mission in Mumbai, the commercial center of India. Today’s visit focused on promoting tourism for Indian citizens who want to visit America, as well as exploring opportunities for U.S. companies to promote their technologies and services in India’s rapidly expanding infrastructure sector to support job creation in both countries.

Bryson had the opportunity to participate in the official launch of the Visit USA Committee India (VUSACOM), a public-private partnership whose sole mission is to promote and increase travel and tourism from India to the United States. VUSACOM members include travel agents, tour operators, service providers, and U.S. product representatives. In 2011, the United States had a $2.2 billion surplus in travel and tourism from India, and total spending by Indians traveling to the U.S. was almost $4.6 billion in 2011, up 15 percent from 2010. In addition, the number of Indian travelers to the U.S. reached a record 663,000 in 2011.

In addition to meeting with government officials in Mumbai, Bryson hosted a luncheon with companies that help finance infrastructure projects as well as a roundtable with companies that are involved in energy-related infrastructure projects. In both, he talked with U.S. and Indian business leaders about the importance of the U.S.-India commercial relationship and he encouraged development of new business opportunities between the members of the delegation and their Indian counterparts. He also talked about the great progress India has made in opening its markets to U.S. companies, but encouraged continued consultations to resolve issues such as market access barriers and intellectual property protection.

EHDD Could Not Have Asked For A More Inspiring and Productive Day!

Jennifer Devlin, Managing Principal, EHDD

Guest blog post by Jennifer Devlin, Managing Principal, EHDD

Ed. Note: EHDD is a San Francisco-based architecture and planning firm that pioneered green building in California.

We joined the India trade mission because it is a wonderful opportunity to mark the the opening of EHDD's Mumbai office this month. This week, the meetings set up by the U.S. Commercial Service with the Department of Commerce have been outstanding and have led to some key leads for new work. To share a quick story of what has already come of this visit:
 
We met with Amity University representatives from their Noida campus on Monday in Delhi. After an exciting conversation about the extensive expansion plans at Amity, and knowing we were on our way to Jaipur, they invited us to make a presentation to their students and colleagues at Amity University, Jaipur. Upon our arrival in Jaipur, Preetha Nair excitedly showed us the front page of The Times of India where our lecture was announced with "limited seating available"!

We took the morning off from the official business of the delegation and visited Amity University's Jaipur campus, where we were welcomed by Vice Chancellor Singh, his deputies, faculty and students. We spent time in a seminar format answering very challenging questions from the architecture students about climate change, the Kyoto Protocol and the efficacy of passive design strategies in buildings. We were imminently impressed with water research presented by a faculty member from the civil engineering department. After our lecture, to some 400 students and faculty, titled, "The Future of Green Building and Planning on University Campuses," we shared more time with students and toured campus buildings.

We could not have asked for a more inspiring and productive day! And this was only one experience-there have been countless more.

India Trade Mission: Day 4 - Promoting Business Investment in the United States

Secretary Bryson tours the Mumbai International Airport Expansion Project

Commerce Secretary Bryson was in Mumbai today, the third and final city in his business development mission to India. In addition to exploring opportunities for the 16 U.S. businesses on the mission to promote their technologies and services in India’s rapidly expanding infrastructure sector, the visit focused on the president’s SelectUSA initiative.

In the morning, Secretary Bryson and the delegates toured a new terminal being constructed at Mumbai International Airport and met with airport management. Several U.S. companies have provided services and equipment to the airport, playing a major role in helping to modernize one of India’s busiest airports. One of the firms on the trip, CH2M Hill, has been providing Program Management services at the Mumbai International Airport since the project started in 2007. In their role, CH2M Hill optimised the master plan, prepared detailed elements for tendering and provided inputs for the selection of the contractor and various sub-contractors. They have also provided oversight to ensure that both the cost and schedule are effectively managed as the construction progresses. This has been accomplished by providing a mix of specialist aviation experts from the US and local trained resources.

Following the tour, Bryson met with Indian industry leaders and investors to talk about SelectUSA, the first coordinated effort by the U.S. government to attract new business investments to America. India, one of the world’s fastest-growing economies, is a priority market under the SelectUSA initiative. Bryson also delivered remarks at a luncheon hosted by the Confederation of Indian Industry (CII), where he talked about how the U.S.-India bilateral relationship is stronger than ever, and encouraged Indian investment in the U.S. as a means of fostering economic growth and job creation in both countries. In his remarks, he also highlighted the importance of this week’s renewal of the U.S.-India Commercial Dialogue, as well as moving forward in discussions to establish a Bilateral Investment Treaty, which would support greater stability and protections for investors in both countries. Following his remarks, the Secretary formally inaugurated the U.S-India Investors Forum (USIIF), a group of 35 Indian CEOs interested in investing in the United States.

LORD Corporation Joins Secretary Bryson on India Trade Mission

Categories:
William Austin, Director of Government Affairs, LORD Corporation

Guest blog post by William Austin, Director of Government Affairs, LORD Corporation

ED Note: LORD Corporation designs, manufactures and markets mechanical devices and electromechanical systems to control vibration, motion, and noise; formulates, produces and sells general purpose and specialty adhesives, coatings, and electronic materials; and develops products and systems utilizing magnetically responsive technologies.

We are honored to participate in U.S. Secretary of Commerce John Bryson’s first trade mission to India. With global corporate headquarters in Cary, North Carolina, our company has plans to grow its business in India, and Secretary Bryson’s trade mission is helping us connect to new opportunities and develop new critical relationships. The agenda has enabled us to interact with Indian government and business leaders to gain a better understanding of where emerging market needs intersect with our solutions and products.

Secretary Bryson and his team have put together a packed agenda that is opening doors to senior-level decision-makers in this dynamic and growing market.  With stops in New Delhi, Jaipur and Mumbai, we are meeting with a variety of companies and government executives. We are learning more about emerging opportunities through these sessions, and building new relationships that will create value for our presence in India.

India Trade Mission: Day 3 - Bringing the Business Development Mission to Jaipur

Secretary Bryson Planting a Tree at a new Mahindra World City Development

In a first ever visit to Jaipur by a U.S. Commerce Secretary, Secretary Bryson led his 16-business trade delegation there to see first-hand the vast business opportunities available in India’s rapidly expanding infrastructure sector and to promote bilateral cooperation on innovation.

Upon arrival in Jaipur, Secretary Bryson and the delegation met with senior Rajasthan state government officials and business leaders to explore how U.S. technology and products can support Rajasthan’s infrastructure development goals. Bryson said he is confident that trade between the U.S. and Rajasthan will grow substantially as a result of this mission.

He also gave remarks before a group of Rajasthan industry representatives, where he discussed trade and investment opportunities that benefit both the United States and India. Bryson said the bilateral investment relationship between the U.S. and India is stronger than ever. U.S. direct investment in India is now over $27 billion across a wide range of sectors including services, manufacturing, information and technology. At the same time, India is a fast-growing source of foreign direct investment into the United States. Indian companies employ tens of thousands of American workers in professional, technical, and scientific services – as well as other industries. Bryson welcomed this increase in foreign direct investment in American companies and economy.

India Trade Mission: Day 2 - Promoting U.S.-India Business Partnerships

Secretary Bryson rides New Delhi's new Metro Airport Express line

Secretary John Bryson promoted partnerships between U.S. and Indian businesses as he discussed the U.S.-India trade relationship during meetings with several Indian government officials in New Delhi today, the second day of his five-day trade mission to India.

“It’s clear that if American and Indian businesses work together, we can build India’s infrastructure in a way that brings inclusive growth, greater prosperity, and job creation in both countries,” Bryson said. “U.S. companies stand ready to help meet India’s infrastructure development objectives, provided our firms have market access for both goods and services.”

In the morning, Secretary Bryson gave remarks at a breakfast sponsored by the American Chamber of Commerce and U.S.-India Business Council. Bryson reaffirmed the U.S. commitment to working with the Indian government to level the playing field for U.S. firms, thereby helping to pave the way for more commercial collaborations.

Bryson and the delegation participated in a GEMS/infrastructure-focused GEMS hosted by the Indo-American Chamber of Commerce. The discussion focused on infrastructure procurement and investment opportunities in states and GEMS cities involved in the Delhi-Mumbai Industrial Corridor (DMIC) project. He said one of his most important goals this week is to gain a better understanding of the full commercial potential of India’s many regions. Bryson traveled to the airport on the new Metro Airport Express Line (photo)–an example of New Delhi's growing infrastructure sector–to fly to Jaipur, where he will see DMIC projects first hand.  Full release

India Trade Mission: Day 1 - Commercial Dialogue

Secretary of Commerce John Bryson meets with Indian Minister of Commerce Anand Sharma (credit: Rakesh Malhotra, Department of State)

Today marked the official start of Secretary Bryson's five-day trade mission to India. In the morning he met with Deputy Chairman of the Planning Commission Montek Aluwalia to discuss ways to strengthen the U.S.-India commercial relationship. He also spoke at an infrastructure roundtable discussion sponsored by the Confederation of Indian Industry (CII). India is planning to invest $1 trillion in infrastructure development over the next five years, and U.S. companies are in a unique position to offer their skills and expertise in partnership with Indian firms.

Secretary Bryson also witnessed the signing of two U.S. Trade and Development Agency grants supporting U.S. business investments in India’s energy infrastructure development. The first grant will support a feasibility study for Azure Power, a private sector solar power developer based in India. The second grant will finance a feasibility study for CESC Limited for the implementation of smart grid technologies across their electricity distribution networks in Kolkata, India.

During his address at a luncheon hosted by the Federation of Indian Chambers of Commerce (FICCI), Secretary Bryson announced that the U.S. Department of Commerce and India’s Ministry of Commerce and Industry have taken steps to renew the U.S.-India Commercial Dialogue for an additional two-year term, until March 2014. The Commercial Dialogue is a key component of the bilateral commercial relationship and provides a forum for both the U.S. and Indian governments and private sectors to collaborate on issues of mutual interest, ensuring that the trade relationship is “win-win” for both countries. The agenda has been expanded to cover new areas of engagement on topics such as standards–including smart grids, intelligent transportation systems–and sustainable manufacturing.

Autodesk: Technology to Build India’s Infrastructure

Paul McRoberts, Vice President of Autodesk’s Infrastructure Business

Guest blog post by Paul McRoberts, Vice President of Autodesk’s Infrastructure Business

Ed note: Autodesk, Inc., works in 3D design, engineering and entertainment software. Customers across the manufacturing, architecture, building, construction, and media and entertainment industries-including the last 17 Academy Award winners for Best Visual Effects-use Autodesk software to design, visualize and simulate their ideas. Since its introduction of AutoCAD software in 1982, Autodesk continues to develop the broadest portfolio of state-of-the-art software for global markets.

Autodesk is honored to be a representative on this trade mission to India. On behalf of Autodesk, I thank the U.S. Commerce Department and Secretary Bryson for organizing the trip and inviting Autodesk.

This trade mission is focused on infrastructure business development. With 1.2 billion people, India is the second most populous country in the world. India’s population is expected to overtake China’s in the next 10 to 15 years. The country needs to add 25 million homes a year to meet current demand, according to McKinsey and Co. There is also a pressing need for clean water, reliable power, transportation, sustainability standards and more.

In short, infrastructure is a key criterion for India to realize its economic growth potential. The Indian government’s 12th Five Year Plan states that the infrastructure sector will require an investment of about USD 1 trillion. Autodesk software is already being used to design many of the nation’s ambitious infrastructure projects, including:

  • The Mumbai Monorail, the nation’s first monorail. Once completed, it will be the world’s second-longest Monorail corridor. This sustainable transportation system will alleviate congestion in India’s most populous city.
  • Navi Mumbai International Airport, which is expected to have Phase 1 operational by 2014. There is great demand for this additional international airport to service the Mumbai metropolitan region. It is expected to handle 50-55 million passengers annually.

Autodesk has offices in New Delhi, Bangalore, Mumbai, Pune and Chennai. We also have over 100 Indian resellers. Together, we work closely with Indian customers across many industries, including architecture, engineering, construction, manufacturing and media and entertainment. 

Going into the trade mission, Autodesk is looking forward to productive meetings with government agencies and private companies. We strive to be a trusted technology advisor for more infrastructure projects in India.

Off to India – On My First Trade Mission, Opportunities Abound

Secretary Bryson will meet with senior Indian government officials to advocate and promote export and investment opportunities in America

Guest blog post by Commerce Secretary John Bryson

This weekend I am departing for India, where I will be leading a trade mission with 16 American companies. This will be my first trade mission and I am really looking forward to it. I will be meeting with senior level Indian government officials to advocate for U.S. export opportunities in India’s rapidly expanding infrastructure sector, and promote investment opportunities in America–both key priorities of President Obama and this Administration.

India’s growth over the last decade has resulted in increased demand for products and services from countries like the United States.  America’s exports to India have grown from less than $4 billion in 2001 to over $21 billion in 2011. Going forward, India is expected to spend over $1 trillion on infrastructure development over the next five years, and a growing consuming class could lead to increased demand for a range of consumer goods and services.

Among other things, this trade mission supports President Obama’s National Export Initiative goal of doubling U.S. exports by the end of 2014 to create more good-paying jobs. Last week, on the two year anniversary of the creation of the NEI, the Commerce Department released new data showing that jobs supported by U.S. exports increased by 1.2 million between 2009 and 2011, and the value of U.S. exports exceed $2.1 trillion for the first time in U.S. history.

U.S. Commerce Secretary John Bryson Highlights Manufacturing and Exports in Florida

Secretary Bryson delivering his remarks at Pavilion Furniture

This week, U.S. Commerce Secretary and former CEO John Bryson traveled to Florida to meet with local business leaders and discuss his priorities for supporting advanced manufacturing and encouraging exports. On Thursday evening, Bryson delivered remarks to the National Association of Manufacturers Board of Directors dinner in Boca Raton, Fla. Friday morning, he visited the Port of Miami and took a tour of Pavilion Furniture, a Miami Gardens, Fla.  company that is working with the Department of Commerce’s Commercial Service to expand the exports of its products. Following the tour, Bryson delivered remarks and joined Miami-Dade County Mayor Carlos A. Gimenez and local business leaders for a discussion about how the private and public sector can work together to expand exports and create jobs.

Business leaders participating in the discussion included Mike Buzzella, President and CEO of Pavilion Furniture, Raj Rangaswamy, President of Target Engineering, and Luis Arguello, CEO of DemeTech. Target Engineering, an engineering services firm, will be joining Secretary Bryson on a Commerce-led trade mission to India at the end of the month. DemeTech Corporation, a producer of surgical sutures and blades, previously joined a Commerce Department trade mission to Saudi Arabia.

The U.S. has recently experienced dramatic job growth in the U.S. manufacturing sector. In the past two years U.S. manufacturing created over 400,000 jobs – over 80,000 in the first two months of this year alone. Bryson highlighted some of the Administration’s initiatives to support advanced manufacturing, including the National Network for Manufacturing Innovation. The Network, which President Obama proposed last week, would be a $1 billion investment in up to 15 institutes of advanced manufacturing research and experience across the country, designed to help make U.S. manufacturers more innovative and competitive.

Bryson also shared news on Commerce’s efforts to boost exports. This week marks the two-year anniversary of the signing of the Executive Order creating the National Export Initiative, when President Obama set the goal of doubling U.S. exports by the end of 2014. Earlier this week, the Commerce Department released new data showing that jobs supported by U.S. exports increased by 1.2 million between 2009 and 2011. In 2011, exports supported approximately 9.7 million jobs, and the value of U.S. exports of goods and services exceeded $2.1 trillion for the first time in U.S. history. 

In addition, Bryson discussed the U.S.-Korea Trade Agreement (KORUS), which went into effect yesterday. Korea is the world’s 12th largest economy, and under the new agreement, about 80 percent of Korea’s tariffs on U.S. industrial products are now dropping to zero. KORUS is America’s most significant trade agreement in nearly two decades, and is estimated to increase U.S. exports by approximately $11 billion, support tens of thousands of American jobs, and open up Korea’s $1 trillion economy for America’s workers and businesses.

At both stops, Secretary Bryson stressed that The Commerce Department is dedicated to providing business across the country the resources they need to build products here and sell them everywhere.