2010-10-28

US JV with Indian SMEs?

There is need for increased economical and technical co operation across countries

US JV with Indian SMEs?

The US is unswerving towards forming stronger bond of cooperation between the small and medium enterprises (SMEs) in India and US, Director General and Assistant Secretary, US Foreign Commercial Service, US Department of Commerce, Suresh Kumar told media on the precincts at a CII's SME meet in New Delhi on Tuesday.

Kumar further added, "We are looking to understand what are the products you need and to connect those with technology with partners for both joint venture (JV) partnerships as also for distributes, wholesaling arrangements."

"The bottom line is that by continuing to strengthen the US-India trade relationship, in key sectors such as infrastructure, transportation, and health care, we can stimulate job growth in both the United States and India."

"This is evidenced by last month's visit of Under Secretary of Commerce Sanchez, my visit with 36 U.S. SMEs in India looking to forge partnerships with Indian firms, and the visit next month of President Obama, accompanied by our Secretary of Commerce and a business delegation from the U.S," Kumar said in his address.

He said, "US needs to be innovative and make cost-effective products to be able to enter the international markets. Green and Clean Energy, Infrastructure development, Broadband Services, Railways, Airports, and education are some of the important areas of collaboration where both countries can benefit."

Conseting with him Minister of Micro, Small and Medium Enterprises (MSMEs) Dinsha Patel said, "I am sure that the SMEs would assume a top priority during the US President Mr. Barack Obama's visit to India, early next month and the linkages would be strengthened."

He stressed on the need for increased economic and technical cooperation among SMEs to become competitive.

Related opportunities
  • We Jan-Pro is a B2B housekeeping service provider with presence..
    Locations looking for expansion Maharashtra
    Establishment year 2014
    Franchising Launch Date 2015
    Investment size Rs. 50lakh - 1 Cr.
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Real Estate Sub
    About Us: RE/MAX is one of the World’s largest and most..
    Locations looking for expansion New Delhi
    Establishment year 1973
    Franchising Launch Date 2009
    Investment size Rs. 10lakh - 20lakh
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater South Delhi New Delhi
  • Quick Service Restaurants
    Owned and operated by Hor Kiddaan Foods Pvt Ltd, Gabru..
    Locations looking for expansion Andhra pradesh
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 10lakh - 20lakh
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Telangana Andhra pradesh
  • Online Travel Services
    India’s largest and only fully-integrated Travel Solutions brand. Offers a..
    Locations looking for expansion Maharashtra
    Establishment year 1951
    Franchising Launch Date 2023
    Investment size Rs. 10lakh - 20lakh
    Space required 600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads