Steps for unlocking the US-India trade potential would be explored byAmerican, Indian, and international businesses with trade experts at a two-day trade meet beginning here on November 7.
Around 100 conference attendees will explore the economic partnership between the United States and India, factors that pose impediments to growth, and potential solutions.
The trade conference would address themes, including ease of doing business, expanding defence cooperation and energy cooperation, US Consulate General, Chennai, said.
Theconference titled"Unlocking US-India Trade Potential,"being heldin association with Atlantic Council South Asia Center,wouldenable conversation and collaboration among key stakeholders, thought leaders, and policymakers, the Consulate said in a statement here.
"We are pleased that our bilateral trade has expanded again this year to more than $114 billion, and two-way investment to $40 billion," US Consul General Robert Burgess said.
"We are also proud of the fact that the United States buys more Indian goods and services than any other country in the world.
US companies continue to see great opportunities in India, and we support India's efforts to open up to greater trade and investment to support US jobs," he said.
He said initiatives like this conference and the Global Entrepreneurship Summit, coming up later this month in Hyderabad, will further strengthen US-India business ties.
While bilateral trade between the United States and India is five times what it was a decade ago, tremendous potential for growth remains, the statement noted.
The Bengaluru meet is timed in advance of the Global Entrepreneurship Summit (GES), a gathering of emerging entrepreneurs, investors, and business leaders from around the world, which will take place in Hyderabad from November 28 to 30, it said.
It is co-hosted by the United States and India.
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