The U.S. Department of Commerce’s SelectUSA program will hold its first-ever India Road Show October 13-16 in Delhi, Mumbai, Chennai and Kolkata.
The Kolkata Road Show stop on Friday, October 16 at the Bengal Chamber of Commerce and Industry will feature a half-day seminar with sessions by American professionals on investment visas, legal and financial issues, investment incentives, and successful investment strategies, followed by one-on-one consultations with a range of participating U.S states and localities. Participants will gain insights about the unique incentives of each area, and gain key contacts to guide their investment decisions.
The U.S. Consulate General in Kolkata invites Indian companies looking to invest in the United States to register for SelectUSA’s first-ever India Road Show. Interested participants may register for the October 16 Kolkata Road Show stop through our partner, the Bengal Chamber of Commerce & Industry at the web-site: http://bengalchamber.com/events-select-usa.html. The U.S. delegation is being led by SelectUSA Executive Director, Ambassador Vinai Thummalapally. Ambassador Thummalapally served as U.S. ambassador to Belize 2009-2013. Originally from Hyderabad, he moved to the United States in 1974.
India is now the fourth fastest growing source of investment in the United States, with $11 billion of historical investment and counting. The number of Indian companies operating in the U.S. has increased from an estimated 85 in 2005 to over 200 companies today, to include many from West Bengal and East India. In many cases, these companies export Indian goods and services to the U.S., or export to the rest of the world from the U.S., expanding their global reach and profits beyond India’s borders.
India had one of the largest delegations at the March 2015 SelectUSA Investment Summit held in Washington, DC. The 2016 summit will be heldJune 19-21.
President Obama launched SelectUSA in 2011 to promote business investment into the United States. SelectUSA was created at the federal level to showcase the United States as the world’s premier business location and to provide easy access to federal-level programs and services related to business investment. It provides information, data analysis, ombudsman services, and tools to connect investors with state and local economic development organizations across the United States. For more information on SelectUSA, see www.selectusa.gov.