Trade Mission to India – Bangalore

Dates: May 20th, 21st and 22nd 2009
City: Bangalore, India
Cost: Free for USINPAC members, non-members nominal registration/membership fee applies
Key Industry Focus: Power & Energy, Renewable Energy, Electronics and Finance

The U.S. India Political Action Committee (USINPAC) is conducting a high profile Power and Energy business delegation from US to India visiting Bangalore, India on May 20, 21, and 22nd 2009. USINPAC plans to engage with and visit business headquarters including Tata, BP, Solar, Bhoruka Power Corporation Limited, ABB Limited, Bangalore Electricity Supply Company, Kirloskar Electric Company, Reva Electric Car Company, Draper Fisher Juvertson, ORB Energy, Schneider Electric India etc. The Trade Mission to India presents unique business expansion opportunities, and delegates from the past have been highly appreciative of the many benefits they have derived -getting an exclusive perspective from industry leaders, understanding how business and government function in India, getting their businesses and themselves high visibility, and forging networking, business alliances and friendships.

Bilateral trade and investment between the United States and India are growing at an unprecedented rate, and USINPAC is positioned to facilitate this growth even further. As part of our ongoing efforts, USINPAC is arranging regular delegations to India for business leaders in both countries to meet, interact, and explore avenues for increased investment and trade. The governments of the United States and India have committed to doubling bilateral trade over the next few years. Specific sectors are being targeted to achieve this goal, presenting tremendous opportunities for businesses in both countries.

WHY BANGALORE:
Bangalore with a population of about 6 million is the fastest growing major metropolis in India with a growth rate of 10.3%. Its Rs 260,260 crore (US$ 100 billion) economy makes it a major economic centre in India. Bangalore is the third largest hub for high net worth individuals and is home to over 10,000 dollar millionaires and about 60,000 super-rich people who have an investable surplus of Rs. 4.5 crore (US$ 1 million) and Rs. 50 lakh (US$ 116,000) respectively. As of 2001, Bangalore’s share of Rs. 1,660 crore (US$ 300 million) in Foreign Direct Investment was the fourth highest for an Indian city. Bangalore is India’s fourth largest and fastest growing market, with a per capita income of Rs. 49,000 (US$ 1,160)

The delegation will meet with local businesses including:

Note: Additional meetings are in the planning. Changes to the above list will be promptly notified to the confirmed attendees.

To register or for more information about USINPAC and its previous Trade Missions, please visit http://www.usinpac.com/delegations.asp or contact Dr. Surabhi Garg at sgarg@usinpac.com or 202-276-7946.

Advertisements

%d bloggers like this: