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Bryson's visit to propel Rajasthan-US trade

Source : The Times of India
April 29, 2012

 

JAIPUR: In what could be considered a growing importance of Rajasthan in the economic developmentof the country, the US secretary of commerce John Bryson visited the state with a trade delegation of 15 US businessmen. This is first-ever visit of any US secretary to Rajasthan. 

The visit to Jaipur is part of Bryson's six-day trade mission to India aimed at building partnerships with governments and businesses to participate in the country's infrastructure development for which the Central government has estimated an investment of $1 trillion in its 12th Five Year Plan (2012-17). 

Jaipur being one of the three cities (Besides Delhi & Mumbai) in the Bryson's itinerary underlines the fact that the state is poised to play a significant role in the nation's economic development. 

"I believe that if our businesses and governments work closely together, we can ensure that India will continue on a path toward inclusive growth - including areas and groups that may not have benefited from our partnership in the past," said Bryson while addressing a gathering of business community organized by CII. 

The $90-billion Delhi-Mumbai Industrial Corridor project, National Manufacturing Zone, smart cities in Jodhpur and Neemrana would require massive resources and expertise. Rajasthan possesses huge potential for generation of solar energy. The need for smart technologies, expertise in project designing, implementation and management, building intelligent transport systems will require collaboration with companies. 

"The business climate is improving in India and a number of US companies are interested in trading with Indian companies and partnering in their effort to build the strong infrastructure the country needs to achieve high growth," said Bryson. 

Bryson had a meeting with chief minister Ashok Gehlot on Tuesday evening where the chief minister drew his attention to the opportunities in solar energy sector. On Wednesday, he had an interactive session with the state government officials and also paid a visit to Jaipur Foot. 

Vijay K Thadani, past chairman CII northern region said that the bilateral trade between the US and India in goods has crossed $55 billion in 2011 - a nearly four-fold increase in the past decade and our economic relationship is also defined by trade in services, in which India is of course, an exporter but an important importer as well. 

Highlighting the strengths of the state Dileep Baid, chairman CII Rajasthan, said Rajasthan offers great opportunities in renewable energy, agro processing, textiles, handicrafts, and education. 

Bryson assured that the US under President Obama remains committed to make Indo-US relationship the "defining partnership" of 21st century. Wrapping up his address, he urged all stakeholders to continue to work together to ensure that the future of the US-Rajasthan partnership will indeed be bright in the 21st century. 
 

 


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