Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2010-10-28

US JV with Indian SMEs?

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

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
  • Gyms and Fitness Centres
    About Us: Started in Hyderabad, Core fitness station is the 1st..
    Locations looking for expansion Andhra pradesh
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater hyderabad Andhra pradesh
  • Quick Service Restaurants
    MR & MRS IDLY - a QSR business model for..
    Locations looking for expansion Tamil Nadu
    Establishment year 2007
    Franchising Launch Date 2008
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Chennai Tamil Nadu
  • Computer Hardware & IT
    About Us: Relops Services Pvt. Ltd. - Start a business in..
    Locations looking for expansion Haryana
    Establishment year 2014
    Franchising Launch Date 2015
    Investment size
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Faridabad Haryana
  • About Us: De-Denim manufacture merchandise of our own brand from reputed..
    Locations looking for expansion Andhra pradesh
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 5lac - 10lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Shaikpet Andhra pradesh
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
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