Special Feature
October 30, 2013
Anna Humphrey | (703) 875-4357

Highlights Business Opportunities for U.S. Companies in India's Rapidly Growing Aviation Market

USTDA Director Leocadia I. Zak poses for a photo with the introductory keynote speakers from the U.S.-India Aviation Summit Oct. 30, 2013
USTDA Director Leocadia I. Zak poses for a photo with the introductory keynote speakers from the U.S.-India Aviation Summit - Oct. 30, 2013

WASHINGTON, DC – Today, the U.S. Trade and Development Agency (USTDA) opened the 2013 U.S.-India Aviation Summit, a high-level dialogue on bilateral aviation issues that will promote U.S. technical solutions to support the rapid growth of India's aviation sector. The Summit is being held in cooperation with the U.S.-India Aviation Cooperation Program (ACP) and the Government of India.

India's aviation market is forecasted to be among the world's five largest – and the third largest in terms of domestic size – by 2020. To advance bilateral cooperation in support of this growth, the Summit features the participation of high-level aviation officials from the U.S. and India's public and private sectors. The Summit will cover the integrated technical, policy and commercial elements of air traffic management technologies and procedures, air traffic control capacity and efficiency, safety certification, aviation security, airport sustainability and general aviation development in India.

"The ACP has achieved tangible success in helping India build its aviation infrastructure in order to foster bilateral trade," said Director Leocadia I. Zak. "This Summit will strengthen cooperation between India's aviation leaders and U.S. technology providers, in order to ensure that rapid growth in aviation benefits both of our countries."

Director Zak was joined at the Summit's opening by U.S. Secretary of Transportation Anthony Foxx and India's Minister of Civil Aviation, Ajit Singh.

"The U.S. Department of Transportation is dedicated to advancing the highest levels of safety around the world. Indian aviation is experiencing dramatic growth across the board, from the emergence of new carriers and a strong middle class, to new, fuel-efficient technologies and greater market access," said Secretary Foxx. "DOT is committed to sharing our technical expertise and to offering insights and solutions to support India as they build a safe, efficient air system to meet these demands."

Calling India a "land of emerging opportunities," Minister Singh encouraged Summit attendees to "build partnerships to draw on these opportunities and drive the engine of India's growth."

The Summit will build on the results of previous biennial conferences, with the goal of assisting the Government of India in identifying advanced U.S. technology that will support the development of India's aviation infrastructure. The Summit will continue at the Grand Hyatt Washington through October 31, 2013.

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The U.S. Trade and Development Agency helps companies create U.S. jobs through the export of U.S. goods and services for priority development projects in emerging economies. USTDA links U.S. businesses to export opportunities by funding project planning activities, pilot projects, and reverse trade missions while creating sustainable infrastructure and economic growth in partner countries.

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