Commerce Secretary John Bryson today concluded his five-day business development mission in Mumbai, the commercial center of India. Today’s visit focused on promoting tourism for Indian citizens who want to visit America, as well as exploring opportunities for U.S. companies to promote their technologies and services in India’s rapidly expanding infrastructure sector to support job creation in both countries.
Bryson had the opportunity to participate in the official launch of the Visit USA Committee India (VUSACOM), a public-private partnership whose sole mission is to promote and increase travel and tourism from India to the United States. VUSACOM members include travel agents, tour operators, service providers, and U.S. product representatives. In 2011, the United States had a $2.2 billion surplus in travel and tourism from India, and total spending by Indians traveling to the U.S. was almost $4.6 billion in 2011, up 15 percent from 2010. In addition, the number of Indian travelers to the U.S. reached a record 663,000 in 2011.
In addition to meeting with government officials in Mumbai, Bryson hosted a luncheon with companies that help finance infrastructure projects as well as a roundtable with companies that are involved in energy-related infrastructure projects. In both, he talked with U.S. and Indian business leaders about the importance of the U.S.-India commercial relationship and he encouraged development of new business opportunities between the members of the delegation and their Indian counterparts. He also talked about the great progress India has made in opening its markets to U.S. companies, but encouraged continued consultations to resolve issues such as market access barriers and intellectual property protection.