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U.S. Architecture Services Trade Mission to India; Chennai, Kolkata Federal Register / Vol. 77, No. 103 / Tuesday, May 29, 2012 / Notices 31581 DEPARTMENT OF COMMERCE The mission will help participating has undergone a complete firms gain market insights, make transformation in recent years. The International Trade Administration industry contacts, solidify business booming economy and growing middle strategies, and advance specific projects, class has prompted developers to bring U.S. Architecture Services Trade with the goal of increasing U.S. exports in foreign architects to design many Mission to India; Chennai, Kolkata and of services to India. The mission will projects, including airports, residential Bangalore, India; October 15–19, 2012 include one-on-one business and commercial buildings, and resorts. appointments with pre-screened Foreign architects have a proven track AGENCY: International Trade Administration, Department of potential buyers, agents, distributors record and have helped bring about a and joint venture partners; meetings transformation in the way projects are Commerce. with state and local government officials designed and built in India. Many ACTION: Notice. and industry leaders; and networking foreign architecture firms have paired events. Participating in an official U.S. up with Indian firms who have the Mission Description industry delegation, rather than expertise on the ground to execute The United States Department of traveling to India on their own, will projects. Commerce, International Trade enhance the companies’ ability to secure To explore these opportunities the Administration (ITA), U.S. and Foreign meetings in India. trade mission will visit three cities as described below: Commercial Service (CS), with support Commercial Setting from the American Institute of India, one of the world’s fastest Chennai, Tamil Nadu Architects (http://www.aia.org/), is growing economies, presents lucrative Chennai (also known as Madras) is organizing an Architecture Services opportunities for U.S. companies that the capital city of the Indian state of Trade Mission to India from October 15 offer products and services that help to Tamil Nadu. Located on the to 19, 2012. The purpose of the mission meet the nation’s rapidly expanding Coromandel Coast off the Bay of Bengal, is to introduce U.S. firms to India’s infrastructure and housing needs. India it is a major commercial, cultural, and rapidly expanding market for is seeking to invest $1 trillion in its educational center in south India and architectural and design services, infrastructure during the 12th Five-Year the port of Chennai is the second largest including project management services, Plan (2012–2017) and is seeking private port in India. As of the 2011 census, the and to assist U.S. companies to pursue sector participation to fund half of this city had 4.68 million residents making export opportunities in this sector. The massive expansion through the Public- it the sixth most populous city in India; mission to India is designed for U.S. Private Partnership (PPP) model. The the urban agglomeration, which architectural, project management, and rapid growth of the Indian economy comprises the city and its suburbs, was design services companies, particularly (averaging 8 percent over the past 10 home to approximately 8.9 million small- and medium-sized enterprises years) has created a pressing need for people, making it the fourth most (SMEs), that provide state-of-the-art and infrastructure development and the populous metropolitan area in the world class designs. Target sectors country requires significant outside country. According to Forbes magazine, holding high potential for U.S exporters expertise to meet its ambitious targets. Chennai is one of the fastest growing include: master planning (regional U.S. industry is well qualified to supply cities in the world. It has a diversified design—city planning or regional the kinds of architectural services and economic base anchored by the planning, neighborhood design, port re- project management skills needed to automobile, software services, hardware development—design of the walkways, successfully tackle major initiatives, manufacturing, and health care and buildings, etc. along the port); hospitals including such groundbreaking projects financial services industries. According and health care architecture; airports/ as the Delhi-Mumbai Industrial Corridor to the Confederation of Indian Industry other transportation infrastructure (DMIC) and the proposed 250-km (CII), Chennai is estimated to grow to a facility architecture; mixed-use projects Bangalore-Chennai expressway, to be $100–billion economy, 2.5 times its architectural services; and educational built at a cumulative cost of $1 billion. present size, by the year 2025. (k–12, university and beyond). U.S. technologies are also well Chennai firms are looking to The mission will include stops in positioned to contribute to energy American architects to learn the Chennai, Kolkata, and Bangalore, where production and greater efficiency in processes for executing world-class participants will receive market new industrial zones as they are built in contemporary buildings. Chennai is briefings and participate in customized India, which faces chronic energy experiencing a broad need for all meetings with key officials and challenges. building types, but corporate campuses, prospective partners. Trade mission Major upcoming opportunities for education, housing, infrastructure, and participants will also have the option to U.S. firms include the seven technology master-planning efforts are the most have additional stops at Mumbai, townships associated with the active development sectors. The Ahmedabad and New Delhi, where CS development of the Delhi Mumbai Chennai realty market has been growing offices also can arrange meetings with Industrial Corridor (DMIC), the billion at over 8 percent a year and there are at both private sector developers and state dollar Chennai-Bangalore expressway, least 675 real estate projects pending for and local government officials. municipal construction in several large approval with the local government and The mission supports President cities, large educational and hospitality 43.5 million square feet area is awaiting Obama’s National Export Initiative (NEI) projects launched by the private sector development in Chennai. The and his goal of doubling U.S. exports by as well as multi-use township and residential real estate market in is 2015 to strengthen the U.S. economy residential projects. expected to register strong growth in and U.S. competitiveness through The Indian architecture/construction 2012, primarily on account of meaningful job creation. The mission industry is an integral part of the improvement in the information will help U.S. companies already doing economy and a conduit for a substantial technology (IT) sector, and continued business in India to increase their part of its development investment. The economic growth in the region. CS footprint and deepen their business profession and practice of architecture, Chennai has supported the CII initiated interests. design and project management in India Green building movement, with the U.S. VerDate Mar<15>2010 16:12 May 25, 2012 Jkt 226001 PO 00000 Frm 00018 Fmt 4703 Sfmt 4703 E:\FR\FM\29MYN1.SGM 29MYN1 srobinson on DSK4SPTVN1PROD with NOTICES 31582 Federal Register / Vol. 77, No. 103 / Tuesday, May 29, 2012 / Notices Agency for International Development with an estimated population of 8.5 discussions with Indian government (USAID) supported Green Building million in 2011, Bangalore is the third officials and private sector council, established in Hyderabad in most populous city in India and the representatives, in order to advance U.S. cooperation with U.S. Green building 28th largest in the world. Bangalore, architectural interests in India. council. most famously known as ‘‘India’s Mission Scenario Silicon Valley’’ is the hub for India’s Kolkata, West Bengal information technology sector. With the The mission will start in Chennai Kolkata (also known as Calcutta) is advent and growth of the ITES industry, with a welcome dinner on Sunday, the capital of the Indian state of West as well as numerous industries in other October 14. The next day the Bengal and has a rich history spanning sectors, and the onset of economic participants will attend a round table more than 300 years. Located on the east liberalization since the early 1990s, industry seminar, industry briefing, site bank of the Hooghly River, it is the Bangalore has taken the lead in service- visits, lunch meeting with chamber/ principal commercial, cultural, and based industries, fuelling substantial builders association and one-on-one educational centre of East India, while growth of the city both economically business meetings. On Tuesday evening the Port of Kolkata is India’s oldest port and spatially. the delegates will reach Kolkata. and the country’s sole major river port. Bangalore has become a cosmopolitan On Wednesday morning the delegates The Kolkata metropolitan area (which city attracting people and business will start with a site visit. This will be is 1,480 sq. km, including its suburbs), alike, within and across nations. A large followed by a briefing meeting, followed is home to approximately 14.1 million number of companies, domestic as well by one-on-one meetings. There will also people within three municipal as multinationals, have opened their be a meeting with the Government of corporations and 39 local offices in the Silicon
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