Indian minister calls for economic engagement between Minnesota, Indian SMEs |
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Mon, 22 Oct 2007 18:12
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MUMBAI (Thomson Financial) - India's commerce and industry minister Kamal Nath has called for an increase in the pace of economic engagement between small and medium enterprises based in Minnesota in the United States and in India, and establishing people-to-people contacts for achieving greater cooperation.India being a large importer and having a huge workforce with an increasing manufacturing base offering vertical linkages, offers an ideal platform for Minnesota-based SMEs to establish business-to-business contacts with progressive Indian SMEs, Nath said, marking the visit of Minnesota governor, Tim Pawlenty.This is the first-ever visit by a Minnesota governor to India.Nath highlighted the increasing opportunities for business contacts available in various Indian states, which offer tremendous potential to SMEs based in Minnesota.The increasing commercial engagements would lead to greater people-to-people contact, the Minister observed.The Minnesota Governor articulated the interest of Minnesota based companies in seeking greater Indian expertise for research in different sectors of manufacturing and engineering.TFN.newsdesk@thomson.comami/pmi/rwCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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