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US committed to help Tamil Nadu develop

india Updated: May 21, 2012 14:46 IST

PTI
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The US is committed to helping Tamil Nadu chief minister J Jayalalithaa realise her development goals for the state, US ambassador to India Nancy J Powell said on Monday.

Addressing the business community in Chennai, she said under the infrastructure development plan (Vision Tamil Nadu 2023), the chief minister has set a goal of 11% growth in the gross state domestic product (GSDP) over 10 years to put the state on par with upper middle income countries in Southeast Asia.

Under this plan, Jayalalithaa has identified development priorities such as sanitation, housing, education and improved infrastructure.

"The US is committed to helping Tamil Nadu realise these goals by building on a trade relationship that stretches back for centuries," Powell said.

Today, Tamil Nadu is home to major American companies in almost every economic sector, which have created hundreds of thousands direct and indirect jobs in the state, she said.

"Moving forward, the US is committed to working with progressive state leaders to reduce barriers to trade and investment and strengthen mutually beneficial economic relationships between our two countries," the US envoy said.

Powell said US firms like Ford and Caterpillar have created thousands of new jobs in Tamil Nadu, generating profits and driving economic growth that supported American jobs back home.

"There are dynamic Indian leaders at the state level open and willing to engage with the US government and US businesses... Progressive states like Tamil Nadu, Karnataka, Haryana, Rajasthan, and Gujarat present an incredible opportunity for US businesses of every size to enter this market," she said.

"I, too, want to continue to look beyond our usual capital city contacts to progressive chief ministers for opportunities to develop strong business ties. The US mission in India is committed to supporting and expanding state-level trade and investment between the US and India," Powell added.