To gain investment in USA,Select USA holds road show in India

By Abha Manakatala - Wed Sep 23, 3:38 pm

PTI9_30_2014_000302A_Kand_0_0_0_0The U.S. Department of Commerce’s SelectUSA program will hold its first-ever India Road Show October 13-16 in Delhi, Mumbai, Chennai and Kolkata.

President Obama launched SelectUSA in 2011 to promote business investment into the United States. SelectUSA was created at the federal level to showcase the United States as the world’s premier business location and to provide easy access to federal-level programs and services related to business investment. It provides information, data analysis, ombudsman services, and tools to connect investors with state and local economic development organizations across the United States.

SelectUSA invites Indian companies looking to invest in the United States to register for its first-ever India Road Show being held October 13-16 in Delhi, Mumbai, Chennai, and Kolkata. Participants can register for the Road Show at http://buyusa.gov/india/. The SelectUSA website is www.selectusa.gov. For more information, please contact Paul Frost, Commercial Attaché, U.S Commercial Service, New Delhi at Paul.Frost@trade.gov.

India is now the fourth fastest growing source of investment in the United States, with $11 billion of historical investment and counting. Indian firms employ around 44,000 American workers, and export more than $2 billion worth of goods from the United States. The number of Indian companies operating in the U.S. has increased from an estimated 85 in 2005 to over 200 companies today.

Top U.S. government officials, including leaders in the Department of Commerce and SelectUSA, have made multiple visits to India in the past two years. In addition, India had one of the largest delegations at the March 2015 SelectUSA Investment Summit that was held in Washington, DC. SelectUSA has recently hired a full time staff member in Bengaluru to provide consultative support to investors throughout India. This staff member will work with the U.S. Commercial Service’s seven Indian offices to help Indian investors better understand the U.S. business environment.

Each Road Show stop will feature a half-day seminar with sessions by American professionals on investment visas, legal and financial issues, investment incentives, and successful investment strategies, followed by one-on-one consultations with a range of participating U.S states and localities. Participants will gain insights about the unique incentives of each area, and gain key contacts to guide their investment decisions. The registration fee is INR 3000. Participants are required to pre-register in order to attend, and no on-venue registrations will be accepted.

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