Telangana: US ambassador said, Hyderabad is the center of US-India trade relations – न्यूज़लीड India

Telangana: US ambassador said, Hyderabad is the center of US-India trade relations

Telangana: US ambassador said, Hyderabad is the center of US-India trade relations


US Charge d’Affaires Beth Jones said on Tuesday that the city of Hyderabad was the center of the US-India business relationship.

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oi-Foziya Khan

Published: Wednesday, January 11, 2023, 19:18 [IST]

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HYDERABAD: US Charge d’Affaires Beth Jones on Tuesday said Hyderabad city was the center of the US-India business relationship. He also recalled the important role of Hyderabad and the region in the Indo-US partnership. He said, “Hyderabad is a center of US-India trade, which is worth about $160 billion and has doubled within a decade. US companies have invested tens of billions of dollars in Telangana since 2014. American companies directly employ more than one lakh workers in Hyderabad.

“Our Foreign Commercial Service is also working with local firms to facilitate investments in the US,” he added. This growing trade relationship has resulted in an astonishing economic growth rate and has laid the foundation for economic prospects for India and the US. I have personally seen how important Hyderabad is to India-US relations. I visited Tata Lockheed Martin and met Minister KT Rama Rao for a tour of T-Hub.

Talking about the new consulate building, Ambassador Beth Jones said, ‘It will be a testament to the commitment to the region. The new consulate in Hyderabad has the potential for increased staffing. The building is a sign of optimism about the development of US relations with the region. It is noteworthy to have a consulate built for development.

Ambassador Beth also spoke about visa wait times being a major concern and said that Washington has made reducing visa wait times in India a global priority. “We are deploying more resources than ever before for visa applicants, including increased staffing from Washington, back office support from locations outside India,” he said.

english summary

Telangana: US ambassador said, Hyderabad is the center of US-India trade relations

Story first published: Wednesday, January 11, 2023, 19:18 [IST]

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