UI Business (UIB) was set up to enable trade between businesses of the US and India. The letters U and I represent the USA and India. The company is incorporated in the state of Texas, with a wholly owned subsidiary in India. UIB’s founders have several years experience working with firms operating in the US and India and currently live and operate from both countries.
As credit markets tighten, US businesses need to find a better way to manage costs and find new markets for their products and services. China has for long been the low cost ‘source’ for US companies but India is emerging as a credible alternative. India is a democratic country with a strong legal framework and the same entrepreneur mentality that drives the USA. The fast growing Indian middle class relates to the US and can be a new market for US products and services
India has experienced tremendous growth over the last decade or so, but its benefits have not yet percolated beyond the IT industry or the metro cities. UIB intends to bring Indian businesses that are yet to realize the impact of India’s economic revolution to the mainstream.
Once you create an online portal the tendency is to open it to the world because of the ubiquitous nature of the internet. This is what most online marketplaces do. UI Business will exclusively operate for businesses located in the US and India. That will allow us to focus on specific cultural, trade, taxation and other issues to create the best user experience.
The main concern in any such online marketplace is that of fraud and scamsters. To alleviate this problem, UIBusiness.com will only allow paid subscribers after conducting a background check on them. By driving all financial transaction thro a financial institution, we will eliminate concerns related to misuse of money.
UIbusiness.com is a safe, secure marketplace for US and Indian businesses.