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US trade mission in India to explore architectural market

Published: 17th October 2012 05:03 PM  |   Last Updated: 17th October 2012 05:03 PM   |  A+A-

By IANS

An American trade mission comprising 20 companies is here exploring business avenues in India's expanding infrastructure sector.

"Like other countries, the US too has been hit by recession and, like most other services, architecture too has been adversely affected. With a view to exploring new avenues and to tap the rapidly expanding Indian market, the mission is here," US consul general Dean Thompson said.

The trade mission, organised by the International Trade Administration and the American Institute of Architects (AIA) in association with the Bharat Chamber of Commerce, will also visit Chennai and Bangalore.

"In cities like Kolkata and Bangalore there is still a lot of scope for infrastructural development. That is why the mission has chosen these cities. We are hopeful of forging long-term partnerships with our Indian counterparts," said AIA first vice president Mickey Jacob.

"India seeks to invest one trillion dollars in its infrastructure in the next five years and the country requires significant outside expertise to meet its goals. We hope through collaborations we can provide the required expertise," added Jacob.



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