Fairfax County EDA and partner Brickwork India host February events in Bangalore and Chennai for Indian companies

Contact: Alan Fogg, FCEDA, afogg@fceda.org, +1 703-790-0600 (office) or +1 571-213-5065 (mobile)

Events will spotlight U.S. opportunities in aerospace and IT

Tuesday, February 3, 2015

Fairfax County, Virginia USA – The Fairfax County Economic Development Authority (FCEDA) and its Bangalore-based representatives at Brickwork India are presenting February events in Bangalore and Chennai to highlight U.S. market-entry opportunities for Indian firms in aerospace and information technology.

A February 17 seminar, “Global Expansion: U.S. Opportunities for Indian Aerospace and IT Companies,” will be held at the Taj West End Hotel in Bangalore. Preceding the large Bangalore Air Show, it will feature a U.S. expansion case study by Pavan Peechara, president and group CEO of Adaequare, a business software development company that is based in Hyderabad, India, and has its U.S. headquarters in Fairfax County.

The Indo-American Chamber of Commerce (IACC), the PricewaterhouseCoopers (PwC) audit and assurance, tax and consulting services firm, and the Society of Automotive Engineers of India (SAEINDIA) are partners in this event. Other speakers include:

  • Munirathnam Javaji, aerospace board member, SAEINDIA;
  • Dhiraj Mathur, partner, PwC;
  •  Sarbajit Ghose, chairman, IACC Bangalore;
  • Vivek Kulkarni, chairman and CEO, Brickwork India; and,
  •  Asher Kotz, business development manager, FCEDA.

Click here to register for the seminar.

The following week, the FCEDA and the IACC will host a February 23 luncheon in Chennai to build awareness of U.S. opportunities for Indian IT firms.

“Adaequare has had a U.S. headquarters in Fairfax County since 2001. We have leveraged the business-friendly policies of the county and the ability to recruit highly skilled talent and tap the strong ecosystem of partners, customers and markets,” Peechara said. “We recently expanded our Fairfax County operations with more sales, support and delivery personnel to support our growth strategy into new vertical markets in the U.S. and deliver cutting-edge business solutions through engineering excellence.”

Gerald L. Gordon, Ph.D., president and CEO of the FCEDA, noted that Fairfax County’s aerospace community includes major multi-national players such as Airbus, BAE Systems, Elbit Systems USA, Northrop Grumman and Rolls-Royce, and that Fairfax County is home to more than 8,400 technology firms.

“For Indian companies offering world-class products and services in aerospace and IT, this is the kind of event that lets them know the range of options before them as they consider expansion into new markets,” Gordon said. “And, of course, we want them to know how Fairfax County can fit into those plans. Many Indian businesses thrive here.”

More than 410 foreign-owned companies, including more than 25 from India, have a presence in Fairfax County. The FCEDA has had an office in Bangalore since 2004 to work with Indian companies interested in expanding in the U.S.

“President Obama’s recent visit to India highlighted the tremendous growth possible for U.S. and Indian firms in defense, aerospace, research and development, and high technology,” said Vivek Kulkarni of Brickwork India. “It is time that Indian firms consider Fairfax as part of the growth story, and this event offers an excellent chance for Indian companies to investigate U.S. opportunities in places such as Fairfax County.”

Time magazine called Fairfax County “one of the great economic success stories of our time.” Business growth and innovation helps Fairfax County fund the nation’s top-rated school system and other public services that contribute to the quality of life of residents. Fairfax County offers businesses a state-of-the-art telecommunications infrastructure, access to global markets through Washington Dulles International Airport, a vibrant investment capital community and a highly skilled, well-educated workforce.

The award-winning Fairfax County Economic Development Authority (@FairfaxEBird) promotes Fairfax County as a business and technology center. The FCEDA offers site location and business development assistance, and connections with county and state government agencies, to help companies locate and expand in Fairfax County. In addition to its headquarters in Tysons Corner, Fairfax County’s largest business district, the FCEDA maintains marketing offices in seven important global business centers: Bangalore, Munich, London, Los Angeles, Seoul and Tel Aviv.