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Indian Ambassador in US discusses trade, investment cooperation with Pennsylvania Governor

Washington: Persevering with along with his efforts to strengthen the bilateral ties, the highest Indian diplomat within the US has mentioned commerce and funding cooperation with the Governor of Pennsylvania, the American state with which India shares a vibrant and a century-old relationship.

The overall commerce between India and Pennsylvania in 2019 was USD 3.21 billion. Over 18 Indian firms, with investments of USD 540 million, are supporting 3,000 jobs in Pennsylvania.

India’s Ambassador to the US Taranjit Singh Sandhu throughout his digital convention with Pennsylvania Governor Tom Wolf on Friday mentioned the ever-increasing commerce and funding complementarities within the India-US relationship and cooperation within the fields of schooling and healthcare.

“Great dialog with Governor Tom Wolf of Pennsylvania on our robust financial partnership & the necessary contributions of the Indian diaspora & Indian firms. Mentioned the potential for collaboration in increased schooling; STEM areas; life sciences and well being,” Sandhu stated in a tweet.

Sandhu shared with Wolf the most recent developments within the Indian healthcare and schooling sectors, together with current reform initiatives taken by India, based on a readout of the decision issued by the embassy right here.

Each famous the necessary contributions, particularly in financial system, of over 200,000 members of the Indian diaspora in Pennsylvania, together with these of practically 10,000 Indian college students in Pennsylvania’s increased schooling establishments.

The ambassador highlighted the brand new alternatives accessible for investments in India’s increased schooling sector below the New Schooling Coverage not too long ago introduced in India.

Indian entrepreneurs and professionals have a big presence in Pennsylvania within the IT and telecommunications, life sciences and manufacturing sectors. Indian excessive expert expertise provides to the aggressive fringe of the US financial system.

Many Pennsylvania-based US firms unfold throughout meals processing, agriculture, IT, and Chemical substances sectors are current in India. Some notable investments embody Hershey’s, Kraft Heinz, Unisys, Air Merchandise & Chemical substances, FMC amongst others.

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