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Seattle Based WASITRAC Renewed Its Mission on Trade Advocacy with India
Date:5/30/2013

Seattle, WA (PRWEB) May 30, 2013

After two trade missions to India and the first Washington State summit on the US-India trade, the non-profit trade advocacy group, the Washington State and India Trade Relations Action Committee (WASITRAC) decided to bring in a change to its mission statement reflecting the latest economic power shift in the global arena and the cultural and demographic shifts in the United States. Global economic opportunity has shifted drastically from most developed nations like Europe, Japan, Western Europe, and America, to countries like India, China, Malaysia and Indonesia. Today, China is the most obvious power on the rise. But it is not alone: India and other Asian countries now boast growth rates that could outstrip those of major Western countries for decades to come.

“It was inevitable,” says Debadutta Dash, the Co-Chair of WASITRAC. “On one hand, we have huge demographic shift in the US with a big surge in the population of the Indian Diaspora; And on the other hand, India set to become a economic superpower in Asia after China and that too with 35 states speaking more than 20 unique languages and representing as many cultures, while being governed by scores of different political parties. You simply cannot adopt the same business strategy for any other country in the world and India, because of the vast ethnic diversity and the existence of many political parties in the country.”

WASITRAC will focus on five Indian states - Assam in the Northeast, Odisha in the East, Andhra Pradesh in the South, Gujarat in the West and Punjab in the North. While Odisha was part of the original mission statement, the other four states are the recent additions with regard to their geographical significance and economic attributes to India. Giving reference to his recent interview with the

Source: PRWeb
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