Translate

Automation Alley's Trade Mission to India: The World's Fastest-Growing Major Economy

  • Share:
  •  
Name: Automation Alley's Trade Mission to India: The World's Fastest-Growing Major Economy
Date: January 31, 2020 - February 8, 2020
Registration: Register Now
Event Description:

Automation Alley is seeking Michigan companies to join its trade mission to India, the world's fastest growing economy. Trade mission participants will travel to New Delhi, Bangalore, Chennai and Pune, India from Jan. 31 - Feb 8, 2020. India, a nation of 1.3 billion consumers, has an especially strong demand for Michigan-made products, services and technologies, including:

  • Advanced manufacturing design and engineering services
  • Automotive
  • Aerospace/defense
  • Environment and pollution control
  • IT/ICT
  • Medical equipment
  • Machinery and equipment
Why India?
  • India’s economy is on pace to grow 6.7% in 2019, eclipsing China for the top spot as the world’s fastest-growing major economy.
  • The nation’s population of 1.35 billion includes a growing middle class of 300 million consumers with a strong demand for U.S. goods and services.
  • In 2018, India climbed 23 spots from the year before in the World Bank’s latest report on the ease of doing business among 190 countries. This is attributed to the implementation of more market-friendly policies and less bureaucracy.
  • India’s automotive industry is the world’s fourth largest. It is projected to manufacture more than 30 million vehicles in 2019 (vs. 16.5 million in the U.S.). This sector accounts for 7.5% of the nation’s GDP.
  • Two-way trade flows between the U.S. and India grew significantly in 2018 to $142 billion.
  • Option to extend trip and attend the 15th Auto Expo 2020 Show, February 6-9, India's largest automotive components trade show sponsored by the Automotive Components Manufacturers Association of India (ACMA)
Why Join Our Trade Mission?
  • Matchmaking meetings will place you directly in touch with potential buyers and end users of your products, services and technologies.
  • Meet the key players you need to know to be successful in India. Attend business meetings with government officials and business and industry leaders who will share their firsthand insights about the opportunities and challenges of doing business in India.
  • Automation Alley trade missions are results driven having generated more than $1.3 billion in export sales for company participants while creating 6,841 local jobs.
  • Automation Alley received the President’s “E Star” Award for Export Service (2013) and the Presidents “E” Award (2008) from the White House (the nation’s highest and most prestigious awards granted to economic developers in recognition of their significant contributions to increasing American exports overseas).
  • Michigan’s State Trade and Expansion Program (MI-STEP) may qualify your company to receive up to a 50% reimbursement for the costs of participating on our mission.
  • We will take care of all your planning before, during and after the mission.
Participation is limited to 10 companies and the deadline to register is Nov. 30. The cost to participate is $4,500 for members and $5,500 for non-members. This price includes business briefings by the U.S. Embassy and local trade organizations, matchmaking meetings, business tours, in-country ground transportation, five-star hotels, and dinner receptions. International flights are not included.

For more information or to register, please contact Automation Alley’s International Business Services Manager, Lisa Lasser, at lasserl@automationalley.com or 248-457-3283.
 

Event Sponsors:
Location:

New Delhi
Bangalore
Chennai
Pune

Date/Time Information:

Jan. 31 - Feb 8, 2020

Contact Information:
Contact Automation Alley at 800-427-5100 or info@automationalley.com
Fees/Admission:
Member Price: $4,500
Non-Member Price: $5,500
Set a Reminder:
Enter your email address below to receive a reminder message.

Submit your online membership application and begin growing your business.