New business opportunities for Iowa ag producers and industries may be in the works in India. U.S. Treasury Secretary Timothy Geithner is in India this week, working to boost ties between the nations. Iowa Senator Chuck Grassley says Iowa farmers and livestock producers may reap the benefits of those talks, in addition to some of the state’s other growing white collar industries.
Grassley says, “I think that there’s as much opportunity for financial services and probably I.T. as there is as much with manufacturing, but I think that we have good opportunities there.” He notes Quad Cities-based ag equipment maker John Deere has been working for years to build inroads to India, which is the world’s most populous democracy and has one of the fastest-growing economies.