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Tuesday, October 26, 2010

Realization of the Obama Singh MOU

A release by the CII SME Business & Trade delegation says that US India SME forum will be the anchor to promote bilateral trade between India and the US.

The CII Business & Trade delegation consisted of Small and Medium Enterprises (SMEs) who explored trade & business opportunities in the States of Illinois (Chicago), Washington (DC), Indiana (Indianapolis) and Ohio (Cincinnati) as part of the five day visit of the CII delegation to the US from September 20 – 24.

The forum suggested a five fold objective to increase bilateral trade and investment between India and the US with particular emphasis on SMEs to understand the opportunities for Indian SMEs in the businesses they represent vis-à-vis the scenario in the US; to trade and to enter into strategic business alliances with counterparts – (SMEs/ OEMs/ aftermarket suppliers) in both and/or third countries.

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