Choose NJ opening economic development office in India

Sept 17, 2019

To increase the business opportunities between New Jersey and India, Governor Phil Murphy is on a 7 day business trip to India.

On the evening of Sept 16th, which was the first day of business trip to India, Governor Murphy announced that Choose New Jersey is opening an economic development office in Gurugram, which is on the suburbs of Delhi metro region.

The office will be called the New Jersey-India Center.

Choose New Jersey CEO, Jose Lozano said, “Given the strong synergies between New Jersey and India, and given the investment that India is making in New Jersey, and given the investment that New Jersey folks are doing in India, it’s only right to have a partner on the other side of the pond that will monitor and assist with the continuous flow of talents and businesses across the ocean”.

The consulting partner in this venture by Choose New Jersey is T&A Consulting, a firm based out of Gurugram, India.

Jose Lozano further added, “They [T&A Consulting] will be working exclusively for New Jersey on the ground, facilitating our interactions and enabling us to follow up with the many contacts we will make on this trip. They’ll be our official representation out there and they’ll support the (Economic Development Authority).”

Lozano, calling the business connection between India and New Jersey perfect, said “Culturally, we’re aligned. We have a large and influential South Asian population. And their strengths in life sciences and tech match our strengths of life sciences and tech.

“I want to make sure New Jersey and India can benefit from our obvious synergies. And I want to show the Indian government how important this relationship is to us.”

“We’ve put a huge premium on our international relationships and for good reason,” he said. “All of the assets that we have is exactly what I think the international community is looking for. And, as New York continues to price itself out of the market when it comes to newer companies, we want New Jersey to be right up front and capture all of those folks.

“In the one year that I’ve been here, we have probably doubled our opportunities and leads internationally. Which has just proven the point that there is something there and we need to go after it. And go after it fairly aggressively.”

Credits: ROI (Return on Information - New Jersey)