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| US trade team heads to India, eyein |
| With the India-US civil nuclear deal in place, Washington is sending its largest ever nuclear trade mission to India with an eye on a major share
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| UNITED STATES OF AMERICA
, 25-November-2008
2:34:58 AM |
| With the India-US civil nuclear deal in place, Washington is sending its largest ever nuclear trade mission to India with an eye on a major share in its projected $150 billion nuclear business.
Visiting India December 2-9, the team of commercial nuclear executives will be led by Jack Fuller, CEO of GE-Hitachi, a world-leading provider of advanced reactors, nuclear fuel and nuclear services.
It will also have senior executives from Westinghouse Electric Company, the other world leader in commercial reactors.
The mission blessed by the US Department of Commerce will have more than 50 senior executives representing more than 30 of the world's leading commercial nuclear companies under the banner of US-India Business Council (USIBC) and the Nuclear Energy Institute (NEI).
The USIBC-NEI delegation will meet with senior Indian government officials, the leaders of India's top public-sector undertakings, and senior executive counterparts from Indian companies. Starting in New Delhi, the mission will travel to Hyderabad and then Mumbai.
"We applaud the visionary and courageous leadership of India's political leaders," said USIBC president Ron Somers. "That vision, supported by India's partners, put an end to India's nuclear isolation and made US-India commercial nuclear trade possible."
"We are coming to India to learn how US commercial nuclear suppliers can continue our partnership with India in the expansion of nuclear power," added USIBC director Ted Jones. "We want to partner with India both here and around the world."
USIBC has projected a $150 billion business for civilian nuclear technologies in India's growing nuclear power sector over the next 30 years because of the India-US civil nuclear deal.
Formed in 1975 under the aegis of the US Chamber of Commerce, USIBC is the premier business advocacy organisation representing 300 of the largest US companies investing in India,
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