With Indo-US bilateral trade poised to touch the $50-billion mark, the United States is keen to tap business opportunities emanating from Tier-II and III cities, which are not yet on the world radar, a senior US government official said.
"Business people from all over the world come to Mumbai, Delhi and other important cities throughout India. But we want American business to be the first to come to Pune, Nagpur and any other city that is not on the world radar yet," US Under Secretary of Commerce for International Trade Francisco J Sanchez told reporters here today.
Sanchez is here on a three-day trade policy trip and will inaugurate the Growth in Emerging Metropolitan Sectors (GEMS) conference in Pune tomorrow. This visit is ahead of US President Barack Obama's visit to India in November.
The International Trade Administration's new GEMS will focus on building commercial ties between the US and India's emerging cities.
"In implementing President Obama's National Export initiative, we hope that India and the US will reap the rewards of increased trade and investment in terms of job creation and an improved standard of living," Sanchez said.