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SME forum to help create jobs

business Updated: Sep 23, 2010 00:04 IST
indo-us ties

Ahead of US President Barack Obama’s November visit to India, the two countries have launched a Small and Medium Enterprise (SME) Forum to help generate new jobs and investments and spur economic growth.

The inaugural meeting focused on “Integrating SMEs into the US-India Value Chain” was hosted in Washington on Tuesday by the US-India Business Council (USIBC) in partnership with the Confederation of Indian Industry (CII).

“The launch represents a fresh outlook on how the US and India can help generate new jobs, new investments and spur economic growth long after the president’s visit,” said USIBC that represents top 300 US firms doing business in India.