Monday, 12 October 2015

South Carolina,USA Keen to Work with Punjab in Automobile, Aerospace, IT,Pharma

By 121 News

Chandigarh 12th October:- Ford Graham, Director, International Strategy and Trade, South Carolina (SC) Department of Commerce, USA invited the industry from the Chandigarh & Punjab region to collaborate, invest, partner and build business ties with their counterparts in South Carolina, extending his state's full support at an interaction on Business opportunities with South Carolina, USA, organised by Confederation of Indian Industry (CII), at its Headquarters in Sector 31 A, here today.

Ford Graham, emphasised that come, invest and set up a business in South Carolina and we at the Government level will service you as an added employee as well. We will assign a specific Project Manager to you who will handhold you right from the beginning concerning all aspects like land, labour, financing, source of raw material, marketing, legal formalities, transportation facilities etc. Ford Graham said that our accessibility is so strong that one can access 70 % of USA from SC through shipping, road or railways. He further shared that we are eager to welcome more and more business delegations and visits from Punjab region to help the local MSMEs learn from our best practices, new innovations, techniques and latest technologies as 95 % of our units are SMEs. More industry and student exchange programmes would indeed go a long way in boosting Manufacturing's share in Indian GDP. 

He informed that he believes if businesses are doing well in a state, all else like education, jobs, economy, health will fall perfectly in place and take care of them. Hence the first thing our new Governor did after taking over was, to do away with the regulations, bureaucracy and labour unions hurting the business. She has set up a committee on Business promotion with all industry members on the board. Being pro industry and focused on industry, now ours is the 3rd best state in USA to do business in with lowest cost of business and living. In SC, the cost of power is 15 % lesser than the national average. Our state is amongst the top 10 fastest growing states of USA.

Man Mohan Singh, Past Chairman, CII Chandigarh Council & Chairman, CII Taskforce on International Trade and Business Development & CEO, Hotel Aroma shared that CII is very committed to raise manufacturing's share in the Indian GDP to atleast 25 %. For this the new Government is also taking a lot of new initiatives like Make in India. CII is fully committed to it. Soon the developed world would fall short of 40 million workers and India would be able to provide the same. Hence India is in a pretty strong position demographically, but we need to identify and encourage the right kind of skill and vocational education. Today's interaction  included multi-sectoral presentations, giving information on setting up operations in South Carolina, provided a platform for local businessmen to interact with representatives from South Carolina(SC), towards resolution of queries on business and investment policies SC.

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