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Georgia Governor Inaugurates 2nd Annual USA India Business Summit
Governor Nathan Deal inaugurated the second annual USA India Business Summit (UIBS) on June 21st at the Georgia Tech Research Institute Conference Center to take the next leap in the current bi-lateral trade between Georgia and India. In the year ahead, the emphasis is to link small and medium size enterprises of India and U.S, which would help employ many more Americans.
Two days long UIBS 2011 featured 54 distinguished business and diplomatic leaders from both nations, including the Honorable V.S. Senthil, economic minister of the Indian Embassy, Mr. Uday Kumar Varma, Secretary, Ministry of Micro, Small and Medium Enterprises, Government of India; Mrs. Sushma Berlia, President, Apeejay Stya Group; Mr. Raymond E. Vickery Jr., Senior Director, Albright Stonebridge Group; Mr. T.P. Sreenivasan, Former Ambassador of India; Mr. Subimal Bhattacharjee, Country Head, General Dynamics, India; Mr. Reginald R. Mebane, Director Office of Diversity Management and EEO, CDC and Dr. Nicolas Chronos, President and CEO, St. Joseph Translational Research Institute;
The goal of USA India Business Summit (UIBS) is to promote business and investment between the United States and India in the key areas of technology, cleantech, infrastructure, logistics, real estate and investment. Its special emphasis is to connect entrepreneurs and small-to-medium-sized businesses. UIBS 2011 was organized by USA India Initiatives, The Georgia Tech Center for International Business Education & Research, US India Business and Research Center and the Georgia Department of Economic Development.
In the two-day conference hundreds of entrepreneurs shared their success stories and tips on cultivating relationships and finding the right business partner. They provided insight on overcoming government regulations, trade barriers, and challenges of selling to a multi-cultural market.
India is an important business partner for America. In coming years, India is expected to experience exponential growth. Its young workforce and free-trade democratic environment offer export opportunities for American companies. Some of the business opportunities discussed at the summit included infrastructure, technology and innovation, education, agriculture, food processing and cold storage equipment, healthcare, biotech and medical research, manufacturing, defense, and clean renewable energy.
If you want to go fast, walk alone,
If you want to go far, walk together.
If so, there are many spirited entrepreneurs – Americans and Indians alike – who are willing to take the bold plunge and walk together to new frontiers.
And if music and dance can bridge the cultural divide, the gala dinner dance performances on Saturday night were proof that the time for our new business ventures was ripe.