Infrastructure, real estate, legal, agriculture and food processing, education and finance are among the sectors that have been identified as the core areas for intense discussions at a trade summit to be held in New York later this month with the objective of crystallising a plan of action for an accelerated Indo-U.S. economic partnership. The second summit for U.S.-India Trade and Economic (SUITE) 2011 being organised by the Indo American Chamber of Commerce (IACC) will see the visit of a 50-member business delegation to the U.S. from May 25. The focus of the two-day event would be on forging meaningful and sustainable business partnerships and hand-holding for joint ventures and technology sharing between the companies of the two countries, particularly in the small and medium enterprises. SUITE 2011 will also see the presentation of a research publication by consulting firm Grant Thornton which will list out the potential areas for investment, joint ventures and technology acquisition. “We expect the summit to supplement the priority of the Indian Government to channelise greater investment in focus sectors and in attracting investment from India to create more jobs in the U.S. which is a priority of the U.S. Government,” says S. K. Mitra, SUITE 2011 Chairman and Vice President of IACC.
