Washington: The US Commercial Service will bring more than 100 US companies to India as part of the US Department of Commerce’s largest annual trade mission program, Trade Winds.
Trade Winds Indo-Pacific features a three-day business forum in New Delhi with additional trade mission stops in Ahmedabad, Chennai, Kolkata, Mumbai, Bengaluru, Hyderabad, and Bangladesh. At each mission stop, attending companies will meet directly with government leaders, market experts, and pre-vetted potential business partners.
“Our goal at the US Department of Commerce is to use every available resource to ensure fair and reciprocal trade for US businesses selling their products and services all over the world,” said US Secretary of Commerce Wilbur Ross. “Trade Winds is an important component of these efforts,” he added.
Trade Winds, now in its 11th year, has directly supported more than $3.4 billion in US exports in over 40 countries, and in 2018, US exports of goods and services to the Indo-Pacific were more than $476 billion.
In 2017, the mission brought 100 companies to Southeast Europe and accounted for more than $3 billion in U.S. exports. Thus far, Trade Winds has helped US companies conduct over 4,000 pre-vetted, business-to-business meetings and over 6,000 government-to-business meetings around the world.
“The potential for growth in US-India trade is enormous given the size of our economies,” said Kenneth I. Juster, US Ambassador to India.
“Exports of U.S. goods and services to India reached $58.9 billion in 2018. I look forward to hearing of future successes from the companies taking part in Trade Winds,” he added.
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Aligned with the Trump administration’s commitment to a free and open Indo-Pacific, this year’s Trade Winds mission will provide US-based companies with the opportunity to explore and develop further business ventures with countries throughout the Indo-Pacific region.
The US Commercial Service, part of the US Department of Commerce’s International Trade Administration, offers a full range of expertise in international trade, and is in more than 100 offices nationwide and in more than 70 offices overseas.