A US-India Business Council (USIBC) delegation led by executive vice-president Ms. Diane Farrell met IT Minister Sri KT Rama Rao at Secretariat. During the meeting, USIBC expressed their interest to invest in newly formed Telangana state, especially in pharmaceutical and healthcare, IT and infrastructure sectors. USIBC team has appreciated Telangana state government’s initiatives for the industry in last ten months.
Minister for IT and Panchayat Raj has explained the government’s plans for the growth of existing industry and vision for the new investments in the state.
The Minister informed the USIBC team about state’s efficient and innovative industrial policy. He made a special reference to Right to Clearance under the historic TSiPASS single window clearance system, where any investor can get all clearances in a stipulated time of 15days.
Minister also explained the merits of Hyderabad city for investments in various sectors.
“Telangana government's thrust areas would be aerospace, pharma fields apart from IT & Electronics industry and the government is keen on to making the state a world class investment destination.”, the Minister said.
Minister also explained about a few initiatives by the government of Telangana in IT industry , like T-hub, Game city and TASK.
“With our efforts Telangana will be the new hub for aerospace investments and capital for the startups in India” Minister for IT said.
USIBC’s Ms. Diane Farrell informed Minister that the USIBC is looking forward for a long-term association with Telangana state.
The delegation included Himanshu Priyadarshi, Head – Corporate Affairs of Hospira, Srini Srinivasan, Managing Director of Hospira, Ashoke Bhattacharjya, former director of Global Health Systems and Innovation Policy at Johnson & Johnson, Rohit Kumar, Senior Director, Government Affairs, Johnson & Johnson, Neelima Dwivedi, Senior Director of Merck, Mihir Shah, Director of Asia Pacific Public Policy, Merck, Singapore, Rajeev Mukundan, Senior Vice-President – Legal, Mylan, Claudia Poteet, Senior Director, Pfizer, Sharad Goswami, Head - Public Affairs, Pfizer India, Nivedita Mehra, Country Director, India, USIBC Delhi, Amy Hariani, Director & Legal Policy Counsel, USIBC and Michael Green, Senior Manager, USIBC.
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