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IEDC leading jobs mission to India

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The Indiana Economic Development Corp. will lead the state’s first jobs mission to India next week to help establish relationships with high-tech companies, the state agency said Thursday.

The delegation of business and academic leaders will make stops in Mumbai and Hyderabad during the week-long trade mission.

“Along with China, India has one of the fastest-growing economies in the world and is poised to invest significantly in the U.S. market,” Mitch Roob, secretary of commerce and CEO of the IEDC, said in a prepared statement.

In addition to the more than 30 business meetings, the 13-member delegation also will attend receptions hosted by the U.S. Consulate General.

Indiana has hosted several delegations from India over the past few years, including a November visit from Hyderabad Mayor Banda Karthika Reddy, who traveled to Indianapolis to strengthen the sister-city relationship she established with Mayor Greg Ballard last year.

And in September, a delegation of 25 executives from the Confederation of Indian Industry visited Indiana to discuss commerce and trade opportunities.

Indiana companies exported more than $250 million worth of pharmaceuticals, medical devices, industrial machinery, automobile parts and other goods to India in 2010, according to the U.S. Department of Commerce.

Private donations to the Indiana Economic Development Foundation are funding the trip.

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