Kentucky's tax incentive programs are likely to benefit Indian companies to expand business in the US state, said Steve L. Beshear, Governor, Commonwealth of Kentucky, during his visit to India in New Delhi on Monday. In the sidelines of a FICCI conference, Beshear said, "We have a unique set of incentives in Kentucky that will allow a company to come here to invest and create jobs. Certain tax incentives or tax breaks that will be spread out for over several years will be advantages to the Indian companies." Few months back Kentucky has totally revised all their economic incentives programs. Stating this Beshear added, "Now, we have the flexibility to sit down with the existing businesses that is there in Kentucky or with the new businesses which we are trying to attract to Kentucky. Also, we can work out an incentives package that might be very enticing to bring business to Kentucky. Although, India's business relationship with Kentucky is limited as of now, we can probably concentrate in expanding it in future as we have enough potential in the area of advance manufacturing, agriculture, machinery, computer and electronic equipment, transportation equipment and energy fields, which can also support India's economic growth, he added. "And, as a governor of Kentucky, I am working to further enhance and strengthen the business ties," he said. "There is partnership opportunity in high-tech industries like nanotechnology, chemical, pharmaceuticals and food processing as well. In fact, six Indian companies have already established its operations in Kentucky that represents roughly 1500 employees and investment of about US $150 million." Beshear added. Speaking on the US President, Barack Obama's visit to India during the next month, he said, "The United States and India will work through all the issues concerning their trade and business relationships, which is important to both the countries. So, I am confident that Indian government will work through those difficulties and we will see continues strengthening of those relationships." "India and US have to combine their efforts as we have an extremely strong democracy that will provide lots of leaderships to the rest of the world," he added. Further, opining on the US economical growth which got hit due the massive recession, he said, "The US economy obviously has its problems as most of the other economies in the world due to the worldwide recession that we have experienced. However, slowly our economy is starting to turnaround now." "We are seeing growth now in our revenue. At the state level, we are seeing growth in the demand of products and in the economy in general. So, over the next 18 months to two years, we will see a turn around and will be able to come out of the recession." Beshear added.