Mumbai – U.S. Consul General Edgard Kagan today met with Indian participants from western India who attended the SelectUSA Investment Summit in Washington, D.C., held in June 2018. The 2018 forum was the second forum to draw more than 3,000 participants from around the globe. In a record first for SelectUSA, more than $600 million of Foreign Direct Investment (FDI) announcements were made.
This year 45 delegates from western India attended the Summit. The group included the first ever all-women delegation led by the Indo-American Chamber of Commerce (IACC). The delegates came from a variety of sectors such as consumer goods, IT, healthcare, media, financial and other professional services.
The focus of today’s meeting with the Indian delegates was to facilitate direct feedback and insights into potential bilateral trade, business, and investment opportunities following the summit.
Thanking the participants for attending the 2018 SelectUSA summit, Consul General Kagan said “SelectUSA makes it easier for investors to choose the United States to expand their businesses. SelectUSA provides a one-stop shop for credible, timely information and connections to support companies of all sizes at each stage of the decision-making process.”
Consul General Kagan also stressed that the United States welcomes companies of all sizes, including established multinationals, small or medium-sized enterprises, and high-growth startups. He also announced that the next year’s summit will be held from June 10-12, 2019 and expressed his confidence that it too will witness similar high-level participation from delegates across western India.
SelectUSA is a U.S. government-wide program led by the U.S. Department of Commerce. Its role is to facilitate business investment into the United States and raise awareness of the critical role that foreign direct investment (FDI) plays in the U.S. economy.
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