Tuesday, February 1, 2011

Crisco Leads Commerce Department Trade Mission to India

Courtesy of SYNC - Weekly Highlights of the North Carolina Department of Commerce

N.C. Department of Commerce Secretary Keith Crisco will lead a delegation of 20 business and education leaders on a business development trip to India beginning this week. This will be the first N.C. Commerce-led mission to India. The delegation will make business stops and talk with government leaders in New Delhi, Mumbai, and Bengaluru.

Since 2008 a number of Indian companies have announced investment and job creation plans in North Carolina including HCL America, Infocrossing – a Wipro Company, Sona Auto Corporation, and Advinus Therapeutics – Tata Group. The projects represent a commitment of more than 550 jobs.

North Carolina exports to India have tripled from 2002 to 2008. In 2009, North Carolina exported more than $186 million in goods and services to India.

U.S. Commerce Secretary Gary Locke also announced he is leading a business development mission to India this month. This follows President Obama's trip to India late last year.

Note: Owen George will represent Thermaco, Inc. on the upcoming trade mission. During the mission, George will meet with representatives of the Indian government regarding plans for development of water infrastructure and policy for the nation's fast growing urban population.

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