With the growing uncertainty of COVID-19's effect on global supply chains as well as increasing challenges of sourcing in China, it is vital for Utah companies to optimize their production and distribution of products by looking for new partners and opportunities. This session of our Virtual Trade Mission will focus on operations and supply chain solutions in India.
Speaker: Dustin Daugherty, Head of North America Business Development
Despite being ranked fifth-largest in the world by nominal GDP, India’s economy is still characterized as a developing market economy. U.S.-India trade expanded to $142.1 billion in goods and services in 2018 against a backdrop of Indian GDP growth of 7.1 percent. In 2017, India-sourced Foreign Direct Investment into the United States was valued at $13.1 billion. There are tremendous opportunities to create international partnerships with India and elevate your company’s global status. As the second-fastest-growing economy in the world, India will be more resilient to the current economic downturn than other Asian countries, so plan to act now and participate in India’s prosperity.
Virtual Trade Mission participants will represent the state in an effort to generate new business opportunities. We encourage you to register now! Once registered, participants will be able to connect with World Trade Center staff to customize their Virtual Trade Mission experience and help shape the discussion.