Top US firms embark on sales mission to India
January 14th, 2011 - 11:30 pm ICT by IANS
By Arun Kumar
Washington, Jan 14 (IANS) Top US companies like Boeing, Lockheed Martin, GE-Hitachi and Westinghouse are among 24 businesses embarking on a mission to India next month to pitch their high-tech ware from civil nuclear to defence and civil aviation fields.Leading the Feb 6-11 business development mission to India will be US Commerce Secretary Gary Locke, who accompanied President Barack Obama to India in November last year, the US commerce department announced Friday.
More than $10 billion in business deals between US companies and Indian private sector and government entities, supporting 50,000 American jobs, were signed during the Obama visit.
Besides the aviation, defence and nuclear power majors, other businesses joining the trade mission are based in 13 states across the country and more than half of them are small and medium-sized companies, the department said.
The delegation, which also includes senior officials from the Export-Import Bank (EX-IM) and the Trade Development Agency (TDA), will make stops in New Delhi, Mumbai and Bangalore.
During the trip, Locke will highlight export opportunities for US businesses in the advanced industrial sectors, of civil-nuclear trade, defence and security, civil aviation, and information and communication technologies.
“Exports are leading the US economic recovery, spurring future economic growth and creating jobs in America,” Locke said.
“The business leaders joining me on this mission see the great potential to sell their goods and services to India, helping drive innovation and create jobs in both countries.”
The India business development mission will help build on the exporting success US companies had in 2010 - up 17 percent compared to 2009, the commerce department said.
The delegation comprises ABSi Corporation, Aero Controls Inc., Curtiss-Wright Flow Control, Exelon Nuclear Partners, FLIR Systems Inc., Fluidic Energy, GE-Hitachi Nuclear Energy Inc., Intuit Inc., Kent Displays, Kulite Semiconductor Products Inc., Lockheed Martin Corporation, nLIGHT Corporation, North Star Aerospace Inc., NuScale Power Inc., Oshkosh Corporation, Palantir Technologies, Pelican Products Inc., Rajant Corporation, Rapiscan Systems Inc., The Boeing Company, Thermo Fisher Scientific Inc., Transco Products Inc., VeriSign Inc. and Westinghouse Electric Company LLC.
(Arun Kumar can be contacted at arun.kumar@ians.in)
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