Commerce.gov is getting a facelift soon. See the new design.
Syndicate content

Blog Category: India trade mission

Secretary Bryson meets with India’s Ambassador to the United States Nirupama Rao

Secretary Bryson meets with India’s Ambassador to the United States Nirupama Rao

U.S. Commerce Secretary John Bryson met with India’s Ambassador to the United States Nirupama Rao to discuss U.S.-India relations and Secretary Bryson’s upcoming trade mission to India in March.    

This was the first meeting between Secretary Bryson and Ambassador Rao, who assumed her current responsibilities in September 2011.  Secretary Bryson and Ambassador Rao also discussed the Department of Commerce’s extensive partnerships with the Government of India through the Bureau of Industry and Security, the International Trade Administration, the National Institute of Standards and Technology, and the National Oceanic and Atmospheric Administration.

Bryson plans to lead a delegation of up to 25 U.S. senior executives on an infrastructure trade mission to New Delhi, Jaipur, and Mumbai in March, which will focus on project management and engineering services, transportation, and energy. India is seeking to invest $1 trillion in its infrastructure over the next five years and is looking for private sector participation to fund half of this expansion through the Public-Private Partnership (PPP) model. The United States Trade and Development Agency (USTDA), the Export-Import Bank of the United States (Ex-Im), and the Overseas Private Investment Corporation (OPIC) have been invited to join the mission. 

U.S. exports to India through November 2011 totaled $19.7 billion, an increase of 11.5 percent year to date from 2010. India ranks as the United States’ 17th largest export market.

Successful Trade Mission to India Wraps Up Today

Secretary Locke Meets a Member of the Dabbawala Association Organization

After the final day in Mumbai, Secretary Locke and delegates from the 24 U.S. businesses who travelled to India on the six-day high-tech trade mission to India wrapped up their business.

Secretary Locke said, “This trade mission was a resounding success.  For some companies on our trip, ‘success’ was an initial meeting or consultation with Indian government or business leaders that will lead to deals down the road. For others, success was more immediate with some companies leaving India on the cusp of making multimillion dollar sales.  Either way, these companies have made important inroads into one of the most promising high-technology markets in the world.”

On Friday morning, Secretary Locke met with the executive committee of the U.S- India Importers’ Council, an initiative developed to support Indian companies that import goods and services from the United States.  The mission of this Council is to advance President Obama’s National Export Initiative, and to support the efforts of Indian companies that import products from the U.S.
 
Locke then visited Mumbai’s legendary Dabbawala Association organization to learn about their unique logistics operation that delivers home-cooked food to hundreds of thousands of people daily.  Association president Raghunath Medge provided Locke with an overview of the organization’s labeling and sorting methodology and the dispatch process. Dabbawala’s lunch delivery service has been cited as a model of entrepreneurship and supply chain management at the grass-roots level. In the afternoon, Locke engaged in multiple bilateral meetings with Indian officials.

India Trade Mission Has Been a Success for Pelican Products

Scott Ermeti, VP Marketing and International Business, Pelican

Guest blog post by Scott Ermeti, Vice President, Marketing and International Business at Pelican Products.

Ed note: Pelican Products is a manufacturer of watertight protective cases, submersible flashlights and ATEX certified torches.

We are nearing the end of Secretary Locke’s weeklong “India High Tech Business Development Mission” and by nearly all measures it has been a success for Pelican Products.  As a mid-sized American manufacturer of high-performance protective cases & packaging solutions and portable lighting equipment, it would have been very difficult for us to have received such a fine and rapid indoctrination to the Indian market elsewhere. 

Multiple meetings and presentations have educated us on the enormous opportunities that exist here:

  • The Indian “middle class” is made up of more than 300 million persons; larger than the entire U.S. population
  • The Indian economy is forecasted to grow at a rate of 7-9% for the next five years.
  • The Indian government is forecasted to spend:
    • $50 billion dollars in Aerospace and Defense improvements in the next five years
    • $1 trillion in infrastructure improvements such as roads, bridges, and airports in the next five years.
  • Currently manufacturing makes up only 16% of Indian GDP, but the goal is to increase that percentage to 25% over the next 10 years.

Secretary Locke Arrives in Mumbai for Final Stop of High-Tech Trade Mission

Locke with Indian CEOs in Mumbai

Locke meets with Chairman Ambani of Reliance Industries and other Indian CEOs

Commerce Secretary Gary Locke returned to India’s business center today for the final stop of his high-technology trade mission to India – which he announced during President Obama’s trip last November. Locke is joined by a delegation of 24 U.S. businesses seeking to promote their technologies and services related to civil nuclear energy, civil aviation, defense and homeland security, and information and communications technology to India. Locke is the first Cabinet secretary to travel to India after President Obama’s visit.

At a speech he delivered to members of the Federation of Indian Chambers of Commerce and Industry (FICCI) and the American Chamber of Commerce (AMCHAM) in Mumbai, Locke highlighted the U.S.-India commercial relationship and 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 he noted that much more work needs to be done.

“If India continues its walk down ‘the path of reform,’ if it continues to become more open to the investments and the innovations of foreign companies – like the 24 companies I have with me this week – it will stand a much better chance of meeting the needs of its people and of helping to lead the global economy in the 21st century,” said Secretary Locke. “We've made important progress this week, not just to lay the groundwork for more sales of U.S. goods in India, but to take another real step towards strengthening the bonds between the governments, the businesses and the people of India and the United States.”

While in Mumbai, Locke also met with Indian CEOs, including Chairman Mukesh Ambani of Reliance Industries, who are part of the U.S.-India CEO Forum as a follow up from their meeting during President Obama’s trip to India in November. Locke solicited the group’s goals for the 2011 forum and they discussed a wide range of critical issues, including clean energy, standards and education.

Trade Mission to India Brings Tangible Benefits to Kulite

Tonghuo Shang, Vice President, Technology Development and Asia Operations at Kulite Semiconductor Products, Inc.

Guest blog post by Dr. Tonghuo Shang, Vice President, Technology Development and Asia Operations at Kulite Semiconductor Products, Inc.

Ed Note: Kulite is the world leader in pressure transducer technology, serving several high technology industries such as Aerospace, Flight Test, Automotive, Motor Sports and Industrial Processes.

Today I just concluded my portion of the journey with the India High Tech Mission. While I regret that I won’t be traveling to Mumbai with fellow delegates, the fact that most Kulite customers are in the Bangalore area necessitates that I stay here and meet them individually. This trip is a memorable experience for me, in what Kulite has achieved, as well as in the friendships with other delegation members.

At the start of the mission Secretary Locke asked delegates to evaluate the mission, and to identify the factors that made it a success. I think the most important factor is the elevated profile that a government delegation brings. With Secretary Locke we were able to listen to several key Indian Ministers and hear their ambitious plans for India, and their upbeat economic outlook. The US Commercial Service, being a government entity, is also a valuable and effective resource. Case in point - on Tuesday, the delegation met with the General Managers of Hindustan Aeronautics Limited. After listening to their presentation I requested a follow-on meeting with one of the HAL divisions. The in-country staff located the contact point and developed a meeting plan within two hours!

This mission brings tangible benefits to Kulite. I am able to evaluate the market potential in a very short amount of time, and sees clear business growth in the next two years. I would like to thank the entire DoC team for their tireless effort putting this together. The seamless planning and personal attention to each company is remarkable. Trade missions like this are highly recommended, especially for small and mid-sized companies when resources are limited.

Good luck to my fellow delegates in Mumbai.

Secretary Locke Touts U.S.-India Trade, Opens U.S. Pavillion

Locke Meets with Chairman Tata, Minister of Defence A.K. Antony on the margins of Aero India

U.S. Commerce Secretary Gary Locke stressed the importance of innovation in the U.S.-India trade relationship today in Bangalore with remarks and a discussion with students and faculty at the Indian Institute of Science (IISc) before officially opening the U.S. Pavilion at Aero India 2011.  Bangalore is the second stop of his three-city high-technology business development trade mission with U.S companies to India.

During the discussion at IISc, Locke interacted with students, research scholars, and professors at one of India's premier educational institutions for science and research.  Locke discussed how India's efforts to build a more open commercial environment will help empower the next generation of Indian innovators to help solve some of the world's most pressing problems like climate change, poverty and disease.

"I'm optimistic and confident the world is equipped to deal with the challenges we face – and a big part of the reason is seeing young people like you," said Locke.  Because although these problems are daunting, they do have solutions.  Many of them can be solved with the science, math and engineering skills that are taught and learned at IISC every day."

The secretary added that unlocking the full potential of IISc students and researchers, and indeed the entire U.S.-India trade relationship, depended on India continuing to work towards "a regulatory infrastructure that encourages the freer flow of ideas, people, and technologies across its borders."

Kent Displays: Trade Mission to India Working for Companies of All Sizes!

Dr. Al Green, CEO of Kent Displays

Guest blog post by Dr. Albert Green, CEO of Kent Displays. 

Ed note: Founded in 1993, Kent Displays, Inc. is a world leader in the research, development and manufacture of Reflex™ No Power LCDs for unique, sustainable applications including electronic skins, writing tablets, smartcards and eReaders. Improv Electronics was formed in 2010 as the consumer products subsidiary of Kent Displays. 2010 sales of its first product, the Boogie Board™ LCD Writing Tablet, exceeded forecast by 10 times. Its paperless LCD technology represents a significant opportunity to reduce global paper consumption for everyday tasks such as memos, reminders, to do lists, sketching and other writing and drawing activities.

Kent Displays is honored to be a representative on this trade mission to India. It’s only a few days into the mission, and the benefits of participating are already immeasurable. I cannot begin to express my gratitude to the U.S. Commerce Department and Secretary Gary Locke for organizing the trip and selecting Kent Displays for the business delegation.

Going into the trade mission, Kent Displays had limited focus on the India market. We considered a greater focus in the past, but decided that the upfront exploratory effort to “get the ball rolling in India” would require a commitment beyond our available resources.

By participating in the mission, we hope to gain a better understanding of its business, government and consumer dynamics. We also expect to establish relationships with business and government leaders that would help identify immediate and future business opportunities. In the final analysis, this mission is the impetus for convincing us that now is the time to explore business possibilities in India. 

Next stop: Bangalore to Inaugurate the U.S. Pavilion at Aero India and Visit Hindustan Aeronautics Ltd’s Facilities

Locke and And Ambassador Roemer in HAL helicopter

Today Secretary Locke flew to Bangalore for the second stop of his high-technology business development trade mission to India.

Locke’s first stop on his visit was Hindustan Aeronautics Ltd.’s (HAL) facilities. HAL is one of Asia’s largest aerospace companies, employing approximately 34,000 people with roughly $2 billion in annual revenue. The company has partnered with leading U.S. aerospace manufacturers – Boeing, Honeywell, and Lockheed Martin – on several projects. The U.S export content value for HAL is $40 to $50 million dollars annually with hundreds of millions in future export opportunities.

Intuit Shows Secretary Locke Behind-the-Scenes Impact of GoConnect

Locke, Alex Lintner and store owner, Deepak Gupta

Guest blog post by Alex Lintner, president and CEO of Intuit's Global Business Division

Ed. note: Intuit has focused on a simple mission: to improve the financial lives of people so profoundly that they could never imagine going back to the old way of doing things. By solving big underserved problems, we have become woven into the financial lives of more than 50 million small businesses and consumers worldwide. Readers from the United States are most likely familiar with flagship brands: QuickBooks, Quicken and TurboTax.

Intuit is proud to join U.S. Commerce Secretary Gary Locke on the business development trade mission to India. It is an honor to represent my company as we contribute to trade that creates jobs for people in both the United States and India.

On day one of the mission, I had the privilege of seeing our impact firsthand. Secretary Locke joined us at a neighborhood grocery store in South Delhi that was founded by an Indian national who “exported” his knowlege and experience from running a store in Utah back to India to build a successful business here in the Indian capital.  Store manager Deepak Gupta provided a tour of the shop, shared his goals for the business and shed light on how the store has been marketing to the community. The purpose of the trip was to provide Secretary Locke with a “behind-the-scenes” look at what went into developing Intuit’s GoConnect, the new mobile marketing service we created to give small businesses the power to increase visits from existing customers via personalized, targeted mobile marketing campaigns that can be managed via the Web or mobile phones. Using GoConnect, the store has seen a sales increase of seven percent and a concurrent decrease in marketing costs of 90 percent. 

Secretary Locke, India Commerce and Industry Minister Sharma Discuss U.S.-India Trade Relationship

Locke and Sharma, seated

U.S. Commerce Secretary Gary Locke met today with Indian Minister of Commerce and Industry Anand Sharma.  The discussion focused on increasing the kind of mutually beneficial trade that provides win-win opportunities for both countries. Secretary Locke and Minister Sharma met during President Obama’s November visit to India.  Photo shows Secretary Locke and Ambassador Romer examening GE engines.  See full release  |  CII Luncehon remarks