Indianapolis trade delegation headed to India

Indianapolis trade delegation headed to India

The delegation led by Mitch Roob, the Secretary of Commerce and CEO of the Indiana Economic Development Corporation will make stops in Mumbai and Hyderabad during the week-long trade mission.

"Along with China, India has one of the fastest growing economies in the world and is poised to invest significantly in the US market," Roob said in a statement.

In the inaugural trip the Indianapolis delegation will be focussed on introducing firms to all that this State has to offer, in particular, a workforce skilled in IT, biotechnology and advanced manufacturing and a location that offers access to all of the major US commerce hubs, he said.

In addition to the more than 30 business meetings, the delegation will also attend receptions hosted by the US Consulate General in Mumbai and Hyderabad.

Indiana has hosted several delegations from India over the past few years, including a November visit from Hyderabad Mayor Banda Karthika Reddy, who travelled to Indianapolis to strengthen the sister-city relationship she established with Mayor Greg Ballard earlier in 2010.

In September, a delegation of 25 executives from the Confederation of Indian Industry traveled to Indiana to discuss commerce and trade opportunities with the state's business and community leaders.

Indiana companies exported more than USD 250 million worth of pharmaceuticals, medical devices, industrial machinery, automobile parts and other goods to India in 2010, according to the International Trade Administration of the US Department of Commerce.