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Blog Category: International Trade Administration

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

Secretary Locke Delivers Keynote Address on U.S.-India Commercial Relations in New Delhi

U.S. Commerce Secretary Gary Locke delivered the keynote address today at the Confederation of Indian Industry (CII) luncheon in New Delhi, where he discussed increasing the kind of mutually beneficial trade that provides win-win opportunities for both countries.   

Locke added that seizing the full potential of our cooperation will require India to take further steps to open its economy, including: reducing a variety of tariff and non-tariff barriers; lifting restrictions on foreign direct investment; and improving the protection on intellectual property.

CII works to create and sustain an environment conducive to the growth of industry in India, partnering industry and government alike through advisory and consultative processes.

Secretary Locke is in New Delhi as the first stop of a high-technology trade mission he is leading to promote exports of leading U.S. technologies and services related to civil nuclear energy, civil aviation, defense and homeland security, and information and communications technology. The mission will continue through February 11, and also make stops in Mumbai and Bangalore. 

Visit the Commerce Department’s India trade mission website at http://trade.gov/indiamission2011/index.asp for updates on the trade mission.

Press release

High-Technology Trade Mission To India with Secretary Locke and 24 U.S. Companies Kicks Off

Today, Secretary Locke kicked off a high-technology trade mission in New Delhi to promote exports of leading U.S. technologies and services related to civil nuclear energy, civil aviation, defense and homeland security, and information and communications technology. The mission will continue through February 11, and also make stops in Bangalore and Mumbai. 

His first stop was at a neighborhood grocery store in New Delhi that is using technology developed by a U.S. company to market its products, manage its customers and organize its business operations.  Intuit, based in Mountain View, Calif., created “GoConnect,” a new innovative mobile and web-based marketing service that is helping Indian micro and small businesses grow and improve the way they communicate with their customers. Intuit’s new application was first announced during the President Obama’s visit to India.

"Intuit's GoConnect technology is a prime example of the kind of mutually beneficial trade that creates jobs in both countries, creating opportunities from the Intuit offices in Northern California to a neighborhood grocery store in the streets of New Delhi," said Secretary Locke. "We look forward to finding more commercial opportunities like these during this trade mission."

GoConnect was developed in both India and the U.S. The data is hosted in Intuit's data center in Quincy, Washington. 

Secretary Locke Arrives in India for High-Tech Trade Mission

Secretary Locke and Montek Singh Ahluwalia

Earlier today, Secretary Locke landed in India at the start of a high-tech trade mission. He wrote an opinion editorial for The Times of India explaining the importance of trade to the economic growth of India and the United States.

When President Barack Obama spoke before the Indian Parliament last November, he said: "The relationship between the United States and India - bound by our shared interests and values - will be one of the defining partnerships of the 21st century."

During the president's visit, there was action backing up those words, including $10 billion in job-creating deals between American and Indian businesses and the Indian government; President Obama expressing support for India gaining a permanent seat on the UN Security Council; and an announcement of significant reforms to US export control policies - opening the door for increased high-technology trade and cooperation between India and the US.

This week, I am travelling to New Delhi, Mumbai and Bangalore to help 24 US companies walk through that door. These companies - more than half of which are small- and medium-sized businesses - are leaders in the civil nuclear, defence and security, civil aviation, and information and communications technology sectors. They are eager to find Indian business partners and to help India continue its remarkable transformation.

Read the rest of "Opening the Door to India" and find out more about the high-tech trade mission.

Secretary Locke Announces 47 Percent Trade Surplus in the Travel and Tourism Industry

Secretary Locke convenes travel and tourism advisory committee

At a meeting of the Commerce Department’s Travel and Tourism Advisory Board today, Commerce Secretary Gary Locke announced a 47 percent surge in the travel and tourism trade surplus in 2010; the surplus now exceeds $28 billion. The United States welcomed more than 55 million international visitors during the first 11 months of 2010, 11.4 million more visitors than the year before. While international visitation increased 10 percent, international visitor spending increased 11 percent to $122.7 billion. The travel and tourism industry employs nearly 8 million people across the United States.

During the meeting, Locke discussed the progress made on the president’s National Export Initiative, which aims to double exports by 2015 in support of several million U.S. jobs. Through November 2010, total U.S. exports were up 17 percent, and travel and tourism is on track to contribute to significant export growth.

“Travel and tourism continues to be one of the bright spots in the U.S. economy,” said Locke. “With a $28.3 billion trade surplus in the first 11 months of 2010, this industry has a huge role to play in helping our country answer President Obama’s call to double our exports by 2015 and win the future.”

The Board consists of 30 industry leaders from the travel and tourism industry who are appointed to advise Secretary Locke on matters relating to the industry and provide policy recommendations.  The Board was re-chartered in September 2009, and the current term will expire on September 3, 2011. 

Members of the Travel Facilitation Working Group presented a letter to Secretary Locke with 10 recommendations that address key visa and customer service issues, with the goal to increase the number of overseas international visitors to the U.S. to meet the current forecast of 36.7 million visitors by 2015, supporting job creation. |  Remarks

New Markets, New Jobs: The National Export Initiative Small Business Tour

Beginning the TPCC Meeting

On the one-year anniversary of the launch of President Obama’s National Export Initiative, U.S. Commerce Secretary Gary Locke, Agriculture Secretary Tom Vilsack, U.S. Trade Representative Ron Kirk, Small Business Administration Administrator Karen Mills and Export-Import Bank Chairman Fred Hochberg announced today the launch of a year-long, interagency, multi-city outreach campaign designed to help connect small and medium sized businesses (SMEs) with the resources they need to sell more of what they make overseas.

“For America to win the future, more small and medium sized businesses must export, because the more small businesses export, the more they produce; the more they produce, the more workers they need, and that means good-paying jobs here at home,” Locke said.

The first of these New Markets, New Jobs events is scheduled for February 17th in Minneapolis, Minn. Locke is expected to be joined by Kirk, Mills, Hochberg, Minnesota Governor Mark Dayton and Minneapolis Mayor R.T. Rybak, among others. The Minnesota stop will be followed by events in Los Angeles, Calif., Louisiana and Wilmington, Del. in the coming months. The conferences, which were called for in September’s Report to the President on the National Export Initiative, are intended to reach more than 3,500 small and medium sized companies interested in exporting.

Laying a Foundation to Double Our Exports, Increase Competitiveness

Today Secretary Locke wrote an op-ed posted in The Hill with a focus on how the administration and the Commerce Department are working to increase America's global competitiveness and create U.S. jobs by selling more American-made goods and services around the world.

Cross posted at The Hill

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As 2011 begins, the American economy is stronger than at any time since the Great Recession began in December 2007.

Retail sales just had their strongest quarterly gain since 2001. Private sector employment grew every single month in 2010, with the manufacturing sector posting its first increase in annual employment since 1997.

These are strong indications that the steps President Obama took to foster economic recovery are working — beginning with the Recovery Act and continuing through the December 2010 tax-cut package.

But that’s not to suggest that anyone within the administration or the Commerce Department is satisfied — not with unemployment still over 9 percent.

As we move forward, policymakers should remember that the most important contest is not between Democrats and Republicans, but between America and countries around the world that are competing like never before for the jobs and industries of the future.

Making the U.S. more competitive will require us to focus on two things: supercharging innovation and selling more American-made goods and services around the world, so that U.S. firms can hire more workers and reinvest in the research and development they need to keep growing.

Although the private sector will take the lead on innovation, we can’t forget that the government has always had an important, supportive role to play, and the Commerce Department is engaged in a variety of areas.