Cincinnati (PRWEB) March 08, 2013
The Cincinnati USA Partnership, the regional economic development initiative directed by the Cincinnati USA Regional Chamber, is planning their first international mission trip of 2013. The partnership will head to India from March 11-15 to build upon business relationships and to attract Indian-owned companies to invest in new facilities in the greater Cincinnati region.
The partnership was previously in India in 2008 to cultivate these business relationships, and has targeted the country again this year with an outbound mission. The purpose of this trip will be to meet with companies that have a strong interest in and the potential to establish new operations in the U.S. within the next 18 to 24 months. Ideally, such investments would lead directly to new job creation and typically would include office facilities, data centers, regional headquarters, engineering and service centers, distribution and logistics facilities, or manufacturing plants.
“After our first trip in 2008, it become evident that Indian investment could provide a great deal of growth in our region. We’re looking forward to building on our Indian business relationships and expanding our message about Cincinnati’s potential,” said Trevor Hamilton, Vice President of Economic Development, Cincinnati USA Partnership.
The Partnership will meet with target prospects in Delhi, Mumbai and at the IESS (India Engineering Sourcing Show). Target clusters for this mission include food and flavoring, specialty chemicals, pharma, packaging, IT (financial services, retail, product development), and manufacturing (industrial machines, aero/aviation, automotive). Additionally, the Partnership is also targeting large Indian business groups.
The Partnership is responsible for economic development, including the attraction of foreign direct investment to the greater Cincinnati region. More than 500 foreign owned companies call Cincinnati home, and these companies employ more than 50,000 Greater Cincinnatians. Building on successes in attracting foreign direct investment, international attraction efforts are currently focused on Germany, France, the UK, Japan, and emerging opportunities in Israel and India to attract businesses in consumer products and brand development; advanced manufacturing (aerospace, aviation, automotive, industrial machines, metalworking, chemicals & plastics); bioHealth; finance, insurance and IT; food & flavorings; and energy and water.
Delegates on this trip will include Trevor Hamilton, Vice President of Economic Development, Cincinnati USA Partnership; Rayan Coutinho, President, Indian American Chamber of Commerce of Greater Cincinnati, and Attorney at Law, Wood & Lamping; and Anil Srivastava, Manager of Manufacturing Technology, TechSolve.
For more information about the Cincinnati USA Partnership, contact Nicole Ball at 513-579-3160 or nball(at)cincinnatichamber(dot)com, or visit http://www.cincinnatiusa.org/.
About The Cincinnati USA Partnership:
The Cincinnati USA Partnership, directed by the Cincinnati USA Regional Chamber, has been the region’s leading economic development initiative for the past 25 years. The Partnership is responsible for attracting, retaining and growing new business, jobs and investment in the three-state, 15-county region known as Cincinnati USA. The Partnership is committed to growing key industries in the region within specific clusters, including Advanced Manufacturing; BioHealth; Consumer Products and Brand Development; Finance, Insurance and IT; Food Processing and Agriculture; and Advanced Energy. In 2007, 2008 and 2010, the Partnership was recognized by Site Selection Magazine as one of the Top 10 Development Organizations in the nation. The Partnership is supported through a five-year campaign with investment from nearly 120 companies and public economic development organizations. For more information, visit http://www.cincinnatiusa.org.