Indian Consul General in Atlanta Ajit Kumar and Judy Reinke, counselor for commercial affairs at the U.S. Embassy in New Delhi, presented the keynote addresses at a conference, "India's Supply Chain: Markets and Opportunities," in Savannah, Ga., April 1-2.
" The second annual forum organized by the USA India Business Summit drew about 95 attendees, as 22 speakers participated in six panels.
Ani Agnihotri, UIBS conference chair, said, "With the opening of a new (Indian) consulate in Atlanta, we feel that Georgia, as well as Indian American business community, has plenty of opportunities to explore traditional areas like software and technology, as well as emerging areas like pharmaceuticals and supply chain."
Savannah Mayor Edna Branch Jackson inaugurated the event, which was designed to highlight opportunities in India's supply chain. Conference partners included the Georgia Ports Authority, the Georgia Tech Center for International Business Education and Research and Georgia College.
Kumar informed the delegates that India's trade volume with the U.S. reached a plateau of $100 billion in 2012 and has a potential to "grow to $1 trillion."
With growth projected at 5%, India offers major opportunities in sectors including agriculture, engineering, consumer goods, pharmaceuticals, textiles, infrastructure and telecom, he added.
Speakers emphasized that the logistics market is likely to gain momentum as India finds ways to modernize and reverse the recent global downturn.
Large-scale projects now are on the drawing board to satisfy pent-up demand for economic growth in the country's youthful demographic.
Shown at the India supply chain conference in Savanna, Ga., April 1-2 are (l-r) Ani Agnihotri, program chair, USA India Business Summit; Indian Consul General in Atlanta Ajit Kumar; Savannah Mayor Edna Branch Jackson; and John R. McIntyre, director, Georgia Tech-CIBER. o United States