Economic Development Futures Journal

Wednesday, August 25, 2004

counter statistics

Virginia Plans India Trade Mission

The Virginia Economic Development Partnership is sponsoring its first trade mission to India this winter to encourage exports to the fast-growing country.

Though India has become known in recent years as a place American technology and service firms have gone to outsource jobs, the country's growing wealth also creates opportunities for exports from Virginia, the partnership said.

Telecommunications equipment, education services, computers, and electrical power, pollution control, medical and mining equipment were some of the areas where opportunity exists, the partnership said.

Virginia's exports to India in the first five months of 2004 were $25 million, a 148 percent increase over the same period in 2003. The partnership hopes to build further on that trend.

More here.

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