President Obama along with numerous business leaders will convene in Mumbai on Nov. 6 to discuss lucrative trading with India which boasts a population of 1.2 billion people. The significant US corporate presence will attempt to strengthen trade between the two nations. The goal of the meetings is to remove obstacles that can affect future business deals with India. The council has a specified list of business prospects to gauge President Obama’s success in the cementing major fiscal deals.
The delegation includes executives from Boeing, General Electric, Caterpillar and Harley Davidson. Boeing has two major deals on the table. Along with the business prospects this visit will also have political implications making trade with India easier. India proposes to purchase aircraft for the military and private airlines from Boeing. GE will potentially provide fighter jets and gas turbines while Caterpillar will offer marine engines. Most of the business negotiations will be comprised of sales to India. Harley Davidson however plans to build a new plant that will assemble motorcycle kits. The motorcycle giant will introduce 12 new models in India. Building a new factory will entail a large investment in the country which will benefit their economy. Harley hasn’t disclosed how large a fiscal investment is projected.
Harley Davidson along with any corporations who have ambitions to invest in different countries will require investor visas. Most businesses that want invest in outside the US don’t have the benefit of the US government to propel their proposed endeavors. A company not backed by the President will need experts to aid in obtaining investor visas in order to branch their enterprise into a different nations. Manifesting business ambitions globally is an enormous undertaking that requires meticulous planning. The energy expended on branching out a business globally could greatly benefit by employing the assistance of a professional who specializes in obtaining investor visas.
