Mumbai: The US under secretary of commerce for
international trade Frank Lavin is leading one of the
largest business development missions to India to participate
in the India Business Summit, beginning in Mumbai from
mission has 238 business participants representing 186
US companies, according to a Commerce Department statement
mission''s goal is to position US firms for long-term
business success in India so US exports expand and create
more American jobs.
US exports to India in 2005 stood at $7.9 (Rs35,226)
billion, an increase of 30 per cent over 2004. Through
September 2006, US exports have grown 24.3 per cent
over the same period last year.
US Commercial Service is arranging market briefings,
networking receptions, and one-on-one business appointments
with prospective agents, distributors, partners, and
end-users for each US company.
trade mission represents a diverse range of industry
sectors, with the greatest participation from medical/healthcare
companies, information technology companies, energy
/ power / oil and gas companies, and telecommunications
are participants from 35 US states with California,
the District of Columbia, Virginia, New Jersey, New
York and Pennsylvania having the largest number of participants.