On March 1, Connecticut Governor Ned Lamont traveled to India for a week-long socioeconomic development quest to improve business ties and draw in American expense. He also traveled to Chennai, Bengaluru, and Mumbai.
Indra Nooyi, a former PepsiCo CEO, co-led the high-profile group, spoke with officials in the industry, federal authorities, and investors from a variety of economic sectors. The AdvanceCT-sponsored visit aimed to strengthen trade relations, encourage new purchases, and encourage scientific collaboration between Connecticut and India.
The group took part in VentureClash India, a ball event held by Connecticut Innovations at the IITM Research Park to connect Indian businesses to Connecticut’s business ecology in Chennai. A Memorandum of Understanding ( MoU) between the governments of Connecticut and Tamil Nadu was also signed to expand cooperation in manufacturing, biosciences, artificial intelligence, and quantum computing.
Discussions in Bengaluru centered on technology collaboration, especially in biotechnology, quantum computing, and artificial intelligence. Officials in Connecticut positioned the position as a potential hub for American tech companies looking to enter the US. Additionally, the committee spoke at a Deloitte Investment Roundtable where they discussed Connecticut’s strategic rewards and international business possibilities.
In addition to meeting with US-India Strategic Partnership Forum ( USISPF ) members and industry leaders in Mumbai, the visit also included business networking. Governor Lamont cited the advantages of Connecticut in manufacturing, aircraft, agriculture, and IT services. In addition, the group had a meeting with US Consul General Mike Hankey in Mumbai to talk about strengthening US-Indian business ties at the state level.
The vision emphasized India’s growing socio-economic relations to Connecticut. With around 38, 000 residents and about 38, 000 foreign-born residents in the state, India is the state’s second-largest foreign-born populace, with about 7,200 foreign students studying in Connecticut.
Representatives from the group included Connecticut Innovations CEO Matthew McCooe, Vice Provost for Research at Yale University, and Connecticut Department of Economic and Community Development Commissioner DanielO’Keefe.
