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US senators connect to Bangalore  

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CIOL Bureau
New Update

BANGALORE: A US

delegation,
led by senator Michael B Enzi was here in the city to experience

and get first hand information on developments taking place in India, especially

Bangalore. Other members of the delegation were Senator Lamar Alexander, Senator

Johnny Isakson and Ms. Margaret Spellings, US Education Secretary. Following US

President George W. Bush's visit to India and signing of the nuclear deal

between India and US, there has been lots of interest among the US business

community to build good relationships with their Indian counterparts and expand

the scope for business.






Speaking at the dinner hosted by the Bangalore Chamber of Industry and Commerce
(BCIC) on Wednesday, 12th April, 2006, Senator Michael B Enzi said, “We are

serious in deepening our relationship with India, as India is fast emerging as a

key market in the world. There are huge opportunities for joint collaboration

between the two countries in the areas of trade/investment such as

Pharmaceuticals, Healthcare, Telecommunications, IT, Software Development among

others.






“Information Technology and Software Development have propelled India as an
economic powerhouse. Most importantly India is reaping the benefits that

globalization brings through off-shoring. Indian companies are benefiting from offshoring

not only to India but also to other emerging economies through

competitiveness”, he added.






Addressing the delegation Anant R. Koppar, President, BCIC said, “Bangalore
has always played an extremely important role in the Indo — US relations.

There is a large presence of US Multinational companies in Bangalore, which

demonstrates the synergies that exists between the two countries and

communities. Whether the world is flat or spherical, there is no doubt that

globalization will continue to become a way for businesses to grow. The visit of

the US senators to Bangalore shows the importance of Bangalore in the world of

globalized goods and services.”





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