of Public Affairs
BUSH ADMINISTRATION OFFICIAL TO LEAD TRADE MISSION
U.S. Commerce Deputy Assistant Secretary Joe Bogosian will lead a delegation
of U.S. aerospace companies on a trade mission to New Delhi and Bangalore,
India, March 22-26, 2004. The mission will help U.S. service and manufacturing
aerospace firms explore business opportunities in India.
The delegation will visit New Delhi and Bangalore to gain first-hand
market information. The participants will also meet with Indian government
officials and potential business partners through mission events and a
series of one-on-one meetings.
Indian airports are projected to handle 60 million international passengers,
300,000 tons of domestic and 1.2 million tons of international cargo annually
by 2005. The Airport Authority of India (AAI) has drafted an investment
plan to develop six green-field airports in the country. AAI is also planning
to upgrade existing facilities at 27 airports and develop 12 airports
as model terminals. In addition, the AAI has drawn up an ambitious plan
to modernize and expand its airspace management and infrastructure to
meet the growth in demand that is projected for the next five years.
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