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Business Economy


TPCI to partner with US Embassy to jointly promote 'Select USA 2019 Investment Summit'

TPCI to partner with US Embassy to jointly promote 'Select USA 2019 Investment Summit'

New Delhi, Apr 25 (UNI) Trade Promotion Council of India (TPCI) has signed a partnership agreement with US Commercial Service, Embassy of the US here to jointly promote Indian investment in the US during their flagship global annual summit 'Select USA 2019 Investment Summit'.

The Summit will be held from June 10-12 in Washington DC.

Speaking on the partnership TPCI Chairman Mohit Singla said 'USA is one of our biggest trading partners. TPCI is all geared to work in alliance with the US Commercial Services, which is a great platform for the Indian business community to showcase their potential for exploration and growth. The idea is to leverage each other complementarity for strengthening the mutual cooperation.'

The Chairman TPCI further said, 'It is also an opportunity for the Indian business community to get absorbed into the US trade incentives and subsidies ecosystem which is customised as per the specific business need.'

The Select USA Investment Summit is dedicated to promoting foreign direct investment (FDI) in the United States. This signature event provides an unparalleled opportunity to bring together companies from all over the world, economic development organisations from every corner of the nation, and other parties working to facilitate business investment in the United States, according to an official statement here on Thursday.

Featuring senior government officials, C-Suite business executives, and other thought leaders, each summit focuses on a timely theme related to the US investment environment, industry trends, and new opportunities.

Last year, during Select USA 2018, 95 Indian business delegates, which was fourth largest international delegation, attended the Summit. The Indian delegation was led by US Ambassador in New Delhi Kenneth Juster.

As many as 50 States & Territories of the US were represented at the 2018 Summit.

TPCI has invited Expression of Interest from interested Senior Management level functionaries like owner, COO, CEO, MD, Chairman to be nominated by TPCI as its members for the delegation.

Maximum two delegates from a company will be considered for participation at the proposed summit.

India-US trade stood at USD 51.5 billion for 2018-19.

UNI RSA ADG 1451

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