The AIA is partnering with the US Department of Commerce to conduct the first Architecture Trade Mission to India.
India has a quickly expanding economy that offers many opportunities for US firms to export their architectural services. Conducting the mission through US Department of Commerce will allow participants to meet with Indian state and local government officials, pre-screened potential buyers and agents, as well as partake in networking events. This mission will focus on five key areas: Master Planning, Mixed Used Development, Health Care, Airports and Educational Institutions.
The rapid growth of the Indian economy has created a pressing need for infrastructure development. India is seeking to invest $1 trillion in its infrastructure during 2012-2017. The country requires significant outside expertise to meet its ambitious targets.
Trade mission participants will visit the cities of Chennai, Kolkata and Bangalore.
• Chennai, the rapidly developing capital of the Tamil Nadu state off the Bay of Bengal, is the second largest port city in India and home to over 8.9 million people. Its economy is expected to grow to 2.5 its current size by 2025, approximately $100 billion in growth.
• Kolkata is the historic capital of the state of West Bengal on the Hooghly River, ranking third in economic output to Mumbai and New Delhi. After a period of decline from 1970 to the mid-nineties, the increasing density of the city is creating demand for new high-rise residential projects, resorts and commercial complexes as well as a need for restoration of many historic heritage sites.
• Bangalore, the capital of the Karnataka state, is known as “India’s Silicon Valley”, a leading service industry city with the second largest population in the country. A large metro rail expansion and growing job market is expected to attract a sharp increase in residents and a potential real estate boom.
Find out more about the application process and the mission>>