Deccan Chronicle

SelectUSA Investment Summit: Gateway to US market

- JOEL REIFMAN Joel Reifman s. Andrew.Edlefsen @trade.gov. (The writer is US Consul General, Hyderabad)

Business ties are a key pillar of the USIndia relationsh­ip. In Hyderabad, US and Indian firms are working closely together in sectors such as pharmaceut­icals, aerospace, and informatio­n technology. In fact, US companies have invested directly $5 billion in Telangana alone since 2014. While we welcome US investment in India, we actively seek to build Indian investment ties in the United States. That's why I'd like to tell you about this year's SelectUSA Investment Summit.

The SelectUSA Investment Summit is the premier investment conference in the United States, and it draws thousands of investors from around the globe to explore the world's largest investment market. Organised by the Department of Commerce's SelectUSA office, it provides a unique opportunit­y for investors from around the globe to make real connection­s and gather valuable informatio­n to make educated investment decisions. The Summit highlights the immense investment potential in the United States. It offers paths for investors to connect directly with economic developmen­t organisati­ons from all US states and territorie­s to make real deals happen. This year, the US Embassy in India is organising a large Indian business delegation to the SelectUSA Invest-ment Summit, which will be held from June 26-29 at the Gaylord National Resort and Convention Center in

National Harbor, just outside of Washington, D.C.

The United States is the largest consumer market in the world. If you have a company in Telangana, Andhra Pradesh, or Odisha and you're looking to grow globally, then you will find no shortage of opportunit­ies in the US. With an annual GDP of $20 trillion and a population of more than 325 million, the US offers unmatched diversity, a thriving culture of innovation, excellent rule of law, intellectu­al property rights protection, and one of the most highly skilled workforces in the world. Its business-friendly environmen­t, stable and transparen­t regulatory framework, and advanced level of technology, have attracted billions of dollars of Indian investment, reaching $12.7 billion in

2020. That sum includes some of India's largest companies from a wide swath of industries, encompassi­ng healthcare and pharmaceut­icals, technology, infrastruc­ture, textiles, services, and many other sectors.

Since its inception in

2011, SelectUSA has assisted thousands of internatio­nal clients and facilitate­d more than $102 billion in investment­s globally, supporting hundreds of thousands of jobs across the United States and around the world. More than 400 investors from India have participat­ed in previous summits.

This year's Investment Summit provides exciting opportunit­ies for thousands of investors from over 80 global markets and representa­tives of hundreds of economic developmen­t organizati­ons (EDOs) across the nation to engage and interact. At the Summit, participan­ts will be able to:

Explore interactiv­e exhibitor showcases featuring EDOs, service providers, industry experts, and internatio­nal tech startups.

Network with 50+ states and territorie­s, companies from 80+ markets, speakers, government officials and more.

Learn from policy and industry experts in 100+ sessions.

Some special at this Summit include:

SelectUSA Tech, which will connect earlystage and startup technology companies to prospects.

The Select Global Women in Tech Mentorship Network, connecting women founders of earlystage and startup tech companies to resources.

Sessions to bring together stakeholde­rs in clean energy and related sectors such as advanced batteries, energy storage, nuclear energy, offshore wind, and semiconduc­tors.

More informatio­n about the Summit can be found at:www.selectusas­ummit.u

Inquiries can be sent to

programmes year's

 ?? ??

Newspapers in English

Newspapers from India