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Home Banking & Finance

Indiana invites Indian companies to explore opportunities

Fiinews by Fiinews
January 15, 2020
in Banking & Finance, Economy, Investment, Projects
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Holcomb wants to strengthen relationships

in.gov
Holcomb calls for strengthening of relationships with India.

Eric J Holcomb, Governor of State of Indiana, has stressed upon the need to further strengthen the existing India-US trade relations.

Speaking at the ‘Indiana-India Business Meet’ organized by FICCI, Governor Holcomb said “We are working to strengthen our Government to Government relationships, Business to Business relationships and most importantly, our People to People relationships. The only and most effective way we can do that is to be present here on the ground.”

The Governor also invited Indian companies to explore business opportunities by investing in the State of Indiana.

“We are here to seek new friendships, relationships and partnerships,” he added at the event on 3 Oct 2019.

Highlighting the potential areas for investment, Holcomb said that Indiana government’s priority area is infrastructure development and cited 6 R’s (Roads, Railway, Runways, Rural Hi-speed internet connectivity, Rivers) as potential sectors for investment.

“Our infrastructure program is built to connect the business globally and we want to build infrastructure of the best standards,” he said.

Commemorating 150th birth anniversary of Mahatma Gandhi, Holcomb reiterated that it was Gandhi who said, “the future depends on what you do today.”

He further added that “And really, that’s why we are here today, with an eye on our future, both for India and Indiana.”

He was also presented with the ‘2019 Gandhi Global Leadership Award’ during the event.

T S Tirumurti, Secretary (Economic Relations), Ministry of External Affairs, said that there is a new energy in India-US relations.

“The visit of Prime Minister Narendra Modi’s to US in many ways is a culmination of hard work everyone has done to make this relationship very vibrant,” he said.

Jim Schellinger, Commerce Secretary, State of Indiana, highlighted the business opportunities for Indian companies in Indiana. “If you invest in Indiana, we will offer you mountain of savings and ocean of opportunities.”

Dr Ashwath Narayan C N, Deputy Chief Minister of Karnataka said that his state government is unwavering in its commitment to further improve ease of doing business by ensuring an environment that fosters industry, investment and opportunities.

“We will also renew the sister state agreement we have with the State of Indiana, for cooperation in economic, educational, sports and cultural fields,” assured Narayan.

Dr Sangita Reddy, President-Elect FICCI and Joint Managing Director, Apollo Hospitals, elaborated “We need to diversify the areas of collaboration between India and Indiana and include upcoming sectors like defence, media & entertainment, healthcare and education.”

“Skilling is one of the pet projects of Governor of Indiana and this is our focus as well,” added Dr Reddy.

Elisha B Pulivarti, President & CEO, US India SME Council highlighted the importance of SMEs in developing the overall economy. “SMEs are the backbone that fuel the engine of economic growth and job creation.”

“We should look at the areas of tomorrow for collaboration between India and Indiana,” stressed Sudhakar Gande, Chairman, FICCI Karnataka State Council and Board Member, AXISCADES Engineering Technologies Limited (ACETL).

He invited companies to invest in upcoming areas like bio-medical and electronics. fiinews.com

Tags: Federation of Indian Chambers of Commerce and Industry
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