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Press Release - Ambassador of India Taranjit Singh Sandhu discusses trade & investment cooperation with Pennsylvania Governor Tom Wolf

Press Release - Ambassador of India Taranjit Singh Sandhu discusses trade & investment cooperation with Pennsylvania Governor Tom Wolf

August 7, 2020

1. Ambassador of India to the United States Taranjit Singh Sandhu and Governor Tom Wolf discussed important areas of the vibrant India-Pennsylvania relationship, encompassing economic and people-to-people ties during a conversation today.

2. Ambassador Sandhu and Governor Wolf discussed the ever-increasing trade and investment complementarities in the India-US relationship and cooperation in the fields of education and healthcare. Ambassador shared with the Governor the latest developments in the Indian healthcare and education sectors, including recent reform initiatives taken by India.

3. Both noted the important contributions, especially in economy, of over 200,000 members of the Indian diaspora in Pennsylvania, including those of nearly 10,000 Indian students in Pennsylvania's higher education institutions. Ambassador highlighted the new opportunities available for investments in India's higher education sector under the New Education Policy recently announced in India.

4. The total trade between India and Pennsylvania has grown to $3.21 billion (2019). Today over 18 Indian companies, with investments of $540 million, are supporting 3,000 jobs in Pennsylvania. Many Pennsylvania based US companies spread across Food Processing, Agriculture, IT, and Chemicals sectors are present in India. Some notable investments include Hershey's, Kraft Heinz, Unisys, Air Products & Chemicals, FMC among others.

5. Indian entrepreneurs and professionals have a significant presence in Pennsylvania in the IT and telecommunications, life sciences and manufacturing sectors. Indian high skilled talent adds to the competitive edge of the U.S. economy.

6. Ambassador Sandhu and Governor Wolf agreed to work together to further enhance the India-Pennsylvania relationship.

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