KTR meets industry heads in Washington DC for investments

 October 13 2016 at 16:17   940    

KTR meets industry heads in Washington DC for investments

Minister for Industries, IT, MA&UD and NRI Affairs KT Rama Rao’s week-long US trip to attract investments to Telangana State started off with a series of meetings with industry leaders there. KTR arrived in Washington DC on Wednesday and held discussions with leading industry heads on the first day.

The Minister had a meeting with Acting Ambassador of India in US Taranjit Singh Sandhu wherein issues of bilateral interest to USA and India and the role of Ease of Doing Business (EODB) in India were discussed at length. The newly appointed Consul General of US in Hyderabad Ms Katherine B Hadda called on the Minister and apprised him of her priorities when she takes charge. The Minister raised the issue of student deportations in US and stressed on the importance of positive association between both the nations.

Bertrand-Marc Allen, President, Boeing International called on KTR and discussed the current status of Boeing’s engagement in the Aerospace city in Hyderabad. The future possibilities of collaboration especially in Skills up-gradation and training were discussed. The Minister met a high-level team of officials from the United States Environmental Protection Agency (USEPA). He shared with the team, Telangana Government’s vision and approach to elevate the environmental standards with a best-in- class enabling framework to curb industrial pollution and comply with highest international standards.

Among others, the Minister briefed the efforts of the Telangana government to relocate industries outside the Outer Ring Road (ORR) in Hyderabad Pharma City with the objective of making Hyderabad greener and less polluted. The USEPA team has agreed to share knowledge and know-how on the guidelines for pharmaceutical manufacturing, industrial pollution standards, technological advancements and innovation in monitoring. The Agency representatives felt that plans for Hyderabad Pharma City are exceeding the standards of EPA in many ways.

Later, the Minister addressed leaders from Pharmaceutical Research and Manufacturers of America, a group of US’s leading innovative biopharmaceutical research companies. The meeting was attended by representatives from major companies including Pfizer, Eli Lilly, Alexion, Merck, Amgen, among others.

In addition to highlighting the industrial policy TSiPASS, the Minister also explained the Telangana Government plans for Hyderabad Pharma City, the Telangana Intellectual Property Crime Unit, Animal Testing Facility in Hyderabad etc. The companies appreciated Government for its initiatives and stated that the State is indeed very forward looking. KTR also met the AES Corporation delegation and discussed the possibility of investments in the State in solar power sector. The company has huge presence in Odisha in the same sector. Cleveland Motorcycle Works team led by its CEO Jonathan and colleague Sandeep Butala met KTR later in the day. The Minster requested them to set up a manufacturing unit in Telangana.

Ram Reddy, Chairman, CommuniClique Inc. met the Minister and discussed about the possibility of starting a base in Hyderabad in Telecommunications sector. The company is about to go public and has plans to expand in Asia. The company will be submitting a detailed proposal.

Director, Global Entrepreneurship Program in the US government Tom and his colleague Travis met KTR and sought to know more about Hyderabad regarding hosting Global Entrepreneurship Summit 2017. The Minister highlighted all the positives Hyderabad offers to host such an event and why it is the best location for such a prestigious event. The Minister informed the team that Telangana was keen on hosting the GES 2017 event, provided the Government of India selects Hyderabad as its venue.

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