U.S., India Trade Bodies Highlight Growth Opportunities

WASHINGTON: With a new Indian government in place, key areas of growth and business opportunities in the US-India commercial and business partnership have been highlighted by trade bodies of the two countries.

'Growing Opportunities for U.S.-India Trade and Investment' were highlighted at a seminar organised by the Confederation of Indian Industry (CII) and the Indo-American Market Gateway (IAMG) in partnership with Enterprise Florida in Miami Friday.

"Business sentiment among the industry is exceptionally bullish, with the stock exchange at record-breaking highs," the CII said "as a new political establishment takes charge in New Delhi with a commitment to revive economic growth."

Capitalising on this positive trend, the seminar highlighted key areas of growth and business opportunities in the US-India commercial and business partnership, it said.

Eduardo Torres, Director of the U.S. Commercial Service in South Florida, advising companies on the Indian market, said "India is the 2nd fastest growing market in Asia for U.S. products and services, with wide-ranging scope from technology to tourism."
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