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Nine US governors pitch for Indian investment

Governors of as many as nine American states seek investments from Indian companies in their respective states, appreciating the contribution of the Indian business community and its culture.

world Updated: Feb 23, 2013 13:53 IST

Governors of as many as nine American states attended a corporate reception of Indian companies and sought their investments in the respective states.

While gathering of so many US governors at the corporate reception of other countries is considered rare, their presence at the event organised by Confederation of Indian Industry-India Business Forum (CII-IBF) on Friday reflected the new bonhomie of economic relationship between the two countries.

Governor Jack Markell of Delaware, who returned from nine-day India trip last week, said the future growth of his state is largely tied to plugging into the global economy, specifically to India.

"As the fastest-growing market for US exporters, India provides significant opportunities to increase US growth," he told the select audience.

The Arizona Governor, Janice Brewer said that her state regards India as an "important growing and moving trading partner" and announced that she is planning her first trip to India.

She asked Indian companies to come and invest in her state especially in high-tech sector, aerospace defence and renewable energy.

Praising Indian businesses in his state, Governor Mike Beebe of Arkansas said the Indian companies not only create jobs and economic growth, but tie-ups with them also provides an educational opportunity, among other things.

"We are very proud of our relationship with India. We are very proud of influence of Indian culture," Beebe said.

Governor Terry Branstad of Iowa said that he is excited about leading the first trade delegation to India in September.

Describing Iowa as a great partner of India, Branstad said Iowans are very pleased to have people of Indian descent.

Praising the corporate culture being displayed by the Indian companies, Governor Matt Mead of Wyoming said he is very proud of the business relationship his state has with Indian companies.

Asking Indian companies to come into Connecticut, neighbouring New York, Governor Dannel Malloy, said that the largest producer - Tasty Bites - of Indian food outside India is in his state.

"We welcome you to Connecticut," he said.

India, said Governor Gary Herbert of Utah, is among the top five trading partner of her state.

Utah, he said has a very significant and growing Indian population.