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The Indo-American Chamber of Commerce plans to take a delegation of businessmen from Tamil Nadu to the US to foster economic cooperation with various States in sectors like renewable energy, electronics, pharma, life sciences and health care, according to its President Lalit Kanodia. The idea is to have more State-to-State dialogue, he said.
Kanodia on Monday met the State Industry Secretary CV Sankar to discuss about the industrial climate in the State and also apprised him about the delegation. The date of the visit is yet to be finalised, he told newspersons.
Tamil Nadu, which is the Detroit of India, has a very good industrial climate and need to attract lots of investment, he said.
On the bilateral trade between India and the US, Kanodia said that PWC in a report for the chamber prepared in September said that there was a four-fold growth in India-US trade since 2006 to $100 billion in 2014.
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