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

Blog Category: National Export Initiative

U.S. Companies Invited to Apply to Join Secretary Locke on Upcoming High-Tech Trade Mission to India

India Trade Mission Graphic

UPDATED: The application deadline for the India Trade Mission has been extended to Friday, December 3, 2010.

Earlier this month in Mumbai, Commerce Secretary Gary Locke announced that he will lead a high-technology trade mission to India next February. The India High Technology Business Development Mission is focused on U.S. companies that offer products or services in the civil nuclear, defense and security, civil aviation, and information communications technology industries and are looking to either expand their current business in India or are interested in entering the market for the first time. 

If you’re interested in participating in the upcoming trade mission, time is running out to apply. If your company meets the participation requirements, complete a mission application by Nov. 30 to join Secretary Locke in New Delhi, Bangalore and Mumbai this February.  Submitted applications will be reviewed by industry and market experts, and final participants will be selected from the most qualified candidates.  Application status notifications will be sent out Dec. 13.

This business development mission will give U.S. companies access to market information and high-level business and government contacts, helping them to solidify international business strategies and advance their projects.  They will meet with prescreened potential business partners, agents, distributors, representatives and licensees, as well as high-level national and local government officials. The agenda will also include networking opportunities, country briefings and seminars.

Learn more about the India High Technology Business Development Mission on the India Mission 2011 homepage or by contacting the Office of Business Liaison at IndiaMission2011[at]doc[dot]gov or 202-482.1360.

Stepping Up Trade Between the U.S. and India Will Mean More Jobs in America and a Better Quality of Life for People in India

Secretary Locke is signing the Energy Cooperation Program MOU with Indian Planning Commission Deputy Chairman Montek Singh Ahluwalia. The ECP is a partnership that brings together U.S. and Indian companies and both two governments to focus on specific projects and initiatives that will develop the clean energy marketplace and help realize its potential within India.

[Upon return from Asia, Secretary Locke wrote this blog post about the importance of the upcoming trade mission to India in February.]

President Obama and members of his Cabinet, including myself, have completed a trip to India to take the relationship between our two countries to a new level. We were there because we see real opportunities -- both for American workers and businesses and the people of India. U.S. firms can work with Indian companies to help meet the ambitious economic and social goals laid out by its government. And we can do that by increasing trade between our nations, selling more of America’s world-class goods and services to businesses and consumers in India.

Two-way trade between our nations last year was $38 billion, and exports to India have quadrupled in the last seven years. I expect this upward trend to continue. But we have to do more to connect U.S. companies with Indian consumers and partner firms. To that end, President Obama and I announced a high-tech trade mission to India in early February, making stops in Mumbai, New Delhi and Bangalore. Companies interested in participating can visit www.trade.gov/IndiaMission2011 for more information.

As Secretary Chu noted during his trip to India last year, due to the increasing demand for energy by India’s emerging middle class, India could become a major export destination for solar panels and wind turbine components manufactured in the United States. That’s why I’m proud we announced the launch of the Energy Cooperation Program. This partnership brings together U.S. and Indian companies and our two governments to focus on specific projects and initiatives that will develop the clean energy marketplace and help realize its potential within India.

Stepping up trade and collaboration between the U.S. and India will mean more jobs in America and a better quality of life for people throughout this fast-growing democracy at the heart of the Obama administration’s renewed engagement in Asia.

Secretary Locke Addresses Exports, Economic Growth and Job Creation with Minority Businesses

Secretary Locke talks at MED Week

On the final day of the National Minority Enterprise Development (MED) Week Conference hosted by the Commerce Department’s Minority Business Development Agency (MBDA), U.S. Commerce Secretary Gary Locke addressed minority business owners, government officials and corporate representatives and officially opened a Business-to-Business Expo Hall.

Locke discussed President Obama’s National Export Initiative (NEI) and how minority businesses can become more competitive and increase job creation and economic growth by participating in the global marketplace. Minority businesses already export twice as much as the average business, as they often have existing cultural, family or business ties to foreign countries. The NEI seeks to build on that, with a goal of increasing the number of small-, medium- and minority-owned businesses exporting to more than one market by 50 percent over the next five years.

Following his remarks, Locke officially opened and toured the Business-to-Business Expo Hall, which includes exhibit booths and one-on-one matching services with more than $20 billion in opportunities for minority businesses. The expo also offers 20-minute power-learning sessions conducted by public- and private-sector partners.

The MED Week Conference wraps up Friday night with the Awards Gala. U.S. Commerce Deputy Secretary Dennis Hightower will highlight the impact of minority-owned firms on the global economy and thank the MED Week award winners for their hard work.   Remarks