Nine US Governors pitch for Indian investment in their States

Image
Press Trust of India From Lalit K Jha Washington
Last Updated : Feb 23 2013 | 1:10 PM IST
Governors of as many as nine Americans States attended a corporate reception of Indian companies and sought their investments in the respective States.
While gathering of so many US governors at the corporate reception of other countries is considered rare, their presence at the event organised by Confederation of Indian Industry-India Business Forum (CII-IBF) yesterday reflected the new bonhomie of economic relationship between the two countries.
Governor Jack Markell of Delaware, who returned from nine-day India trip last week, said the future growth of his State is largely tied to plugging into the global economy, specifically to India.
"As the fastest-growing market for US exporters, India provides significant opportunities to increase US growth," he told the select audience.
The Arizona Governor, Janice Brewer said that her State regards India as an "important growing and moving trading partner" and announced that she is planning her first trip to India.
She asked Indian companies to come and invest in her State especially in high-tech sector, aerospace defence and renewable energy.
Praising Indian businesses in his States, Governor Mike Beebe of Arkansas said the Indian companies not only create jobs and economic growth, but tie-ups with them also provides an educational opportunity, among other things.
"We are very proud of our relationship with India. We are very proud of influence of Indian culture," Beebe said.
Governor Terry Branstad of Iowa said that he is excited about leading the first trade delegation to India in September.
Describing Iowa as a great partner of India, Branstad said Iowans are very pleased to have people of Indian descent.
Praising the corporate culture being displayed by the Indian companies, Governor Matt Mead of Wyoming said he is very proud of the business relationship his State has with Indian companies.
Asking Indian companies to come into Connecticut, neighbouring New York, Governor Dannel Malloy, said that the largest producer - Tasty Bites -- of Indian food outside India is in his State.
"We welcome you to Connecticut," he said.
India, said Governor Gary Herbert of Utah, is among the top five trading partner of her State.
Utah, he said has a very significant and growing Indian population.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 23 2013 | 1:10 PM IST

Next Story