DES MOINES, Iowa (AP) — State officials say an economic development trip to India could deliver results within months, building on the trade partnership that has led to increasing Iowa exports.
The Des Moines Register reports Monday (http://dmreg.co/14anju7 ) that Gov. Terry Branstad says the state is chasing at least one significant project and several smaller investments.
Iowa’s economic development director Debi Durham says India’s growing population and rising middle class offer significant opportunity for increased trade.
Iowa exports to India grew 22 percent in the first half of the year compared to the same six months last year.
Branstad says companies like DuPont Pioneer, Kemin Industries and Emerson, the parent company of Fisher Controls in Marshalltown, have significant India operations.
He says India business leaders also have an interest making business investments in Iowa.
Information from: The Des Moines Register, http://www.desmoinesregister.com