The six-day trip, with stops planned in Mumbai, New Delhi and Hyderabad, will be the first such mission to India by a sitting Maryland governor, according to O’Malley’s office, and comes at a time when India’s economy is undergoing a rapid transformation.
“With their industries modernizing and a young and career-oriented middle class, it is an ideal time to promote Maryland as a U.S. headquarters for Indian companies, particularly those in biotech and cyber security, and also open new doors for trade for our small and mid-sized businesses,” O’Malley said in a statement.
O’Malley had previously shared word of the trip with reporters, but few details had been released.
In addition to a delegation of business leaders, O’Malley will be joined on the trip by three other Democratic leaders from Maryland: Montgomery County Executive Isiah Leggett, Prince George’s County Executive Rushern L. Baker III and House Majority Leader Kumar P. Barve (Montgomery), who in 1990 became the first Indian-American elected to a state legislative body.
O’Malley’s office said the governor will meet with potential investment and trade partners and government leaders in each of the cities. O’Malley is also scheduled to give the keynote speech at the Convention on Pharmaceutical Ingredients India, one of the largest events in the pharmaceutical industry.
Last summer, O’Malley led a 68-member delegation on an economic development mission to China, South Korea and Vietnam. His office says that trip has so far resulted in $85 million in direct foreign investments in Maryland and trade deals for Maryland companies.