KTR gets rousing welcome from NRIs

May 25, 2016 12:00 am | Updated September 12, 2016 08:31 pm IST - HYDERABAD:

After landing at Chicago airport on US soil, to a rousing welcome from non-resident Indians hailing from Telangana, Information Technology Minister K. T. Rama Rao on Tuesday launched into several meetings with VIPs including heads of companies.

In a busy schedule, he met Governor of Indiana, Mike Pence, Deputy Governor of Illinois, Trey Childress, and Consul-General of India, Dr. Ausaf Sayeed. He discussed potential areas of collaboration and cooperation between Illinois state and Telangana and outlined the salient features of the industrial policy of fledging State of India, including TSiPASS, the single window approval system.

Mr. Rao elaborated on investment opportunities in the information technology and communication, pharma and allied sectors. Mr. Trey was said to have expressed the interest of Illinois State to partner with Telangana on innovation. Also saying that he had heard a lot about the T-Hub, India’s biggest technology incubator, he said Chicago and Hyderabad shared a strong bond.

The Consul-General hosted a dinner at Chicago in honour of Mr. Rama Rao and the visiting delegation, after which the Minister held a series of meetings with heads of companies. Those he met included Chairman of the Redberry Corporation, Deepak Kanat, President of Abaris Capital Advisors, Omer Ahmed, Chairman, Genesis Pharmaceuticals, Monif Matouk and CEO of Safye Holdings Afi Hasan.

A press release said Eclat Health Solutions, a digital healthcare company, had come forward to invest US $ 15 million in Telangana, generating employment to about 1,000 people.

Several MoU were signed with representatives of these companies, in the presence of the Minister. Mr. Rama Rao also met Governor of Indiana, Mr. Mike Pence at Indianapolis later, also attending the Indianapolis-Hyderabad Sister Cities Committee meeting where he addressed a 500-strong gathering of NRIs hailing from Telangana.

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