Institute Report Shows Strong Ties with India
This week the Bay Area Council Economic Institute released a new report, “Global Reach: Emerging Ties Between the Bay Area and India,” which assesses the unique ties linking the world’s innovation capital with the fastest growing major economy after China.
Once perceived primarily as a site for call centers and for low-cost off shoring, India has rapidly scaled the economic ladder to provide increasingly sophisticated services that are embedding its companies and workers into the fabric of the global economy. It is also developing dynamic markets that are attracting growing investment by Bay Area venture capital, technology and consumer-oriented companies.
The report is being released at two events – one today in Silicon Valley and one in San Francisco on Monday. You can download the Executive Summary here – or visit this webpage to download the full report. The Bay Area Council plans to build stronger ties with our counterparts in India and will keep you informed of our progress.