India Trade Mission Pays Dividends: County Businesses Benefit

A week after returning from an historic six-day trade mission to three of India’s largest cities – Hyderabad, Mumbai and New Delhi – Governor Martin O’Malley announced that two Indian companies plan investments in Maryland and eight Maryland businesses inked deals with Indian partners, with a combined total of nearly $60 million in business deals for the State.  The governor was joined on the trip by County Executive Ike Leggett and other local elected officials, educators and business leaders.

Montgomery County-based businesses announcing agreements for projects in India are:

  • Rockville-based Sheladia Associates, an engineering, architecture and development company, will provide design and project management services valued at $3.7 million for upgrading India’s National Highway 215 to a four-lane facility in the State of Orissa.
  • Amarex, a Germantown-based clinical research organization, announced a partnership with Gaithersburg’s Shreis Scalene Sciences LLC to gain FDA approval for the medical device Cytotron, which uses a patented technology to treat regenerative and degenerative diseases such as cancer, osteoarthritis and multiple sclerosis.
  • Electro-Media Design Ltd., a Gaithersburg-based company that specializes in consulting and design services in event technology and acoustics for meeting and entertainment facilities, announced a partnership with ITC Hotels in India to provide contemporary design services for conference, event, and entertainment venues for their new properties and existing hotels, supporting ITC’s sustainable and green practices.

Read more about the India trade mission success.

CATEGORIES: County Executive
POSTED AT: Friday, December 16, 2011 | 6:00:00 AM |
News and Information from Montgomery County Government, Public Information Office.
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