Indo-American Chamber of Commerce celebrated 241st American Independence Day in city


241st American Independence Day Celebrations by IACC. Seen in the pic are Katherine Hadda and M. Mahendra Reddy and others.

Hyderabad, June 28, 2017: Prime Minister Modi was the fourth world leader President Trump made a call to as soon as he assumed office as President of USA. That shows level of honour and respect we have for India said Katherine Hadda, Consul General, Consulate General of United States of America, Hyderabad.

She was the Guest of Honour for the Celebrations of 214st American Independence Day organized by Indo American Chamber of Commerce(IACC), Telangana and AP Chapter. The celebration held Wednesday evening at Hotel Marriott.

The Indo-American Chamber of Commerce (IACC) is the apex bi-lateral Chamber synergizing India-US Economic Engagement.

M. Mahendra Reddy, Commissioner of Police, Hyderabad was the Chief Guest. The Celebrations graced by Chandrajit Narra, Chairman of IACC AP & TS and RVVVN Raju, Regional President if IACC.

Ivanka Trump, daughter of US President Donald Trump accepted Prime Minister Modi’s invitation to lead the US delegation to the Global Entrepreneurship Summit(GES) in India informed Katherine Hadda. So we are working together as well to foster innovation and entrepreneurship, in India and across the globe, Katherine Hadda informed.

This year’s GES will be the eighth installment in a series previously hosted by the United States and the governments of Turkey, the United Arab Emirates, Malaysia, Morocco, and Kenya. India is getting to host the Summit for the first time.

GES aims to showcase inspiring entrepreneurs and investors from around the world, creating new opportunities for investment, partnership, and collaboration.

Speaking further Katherine Hadda added that US-India relationship is stronger than ever. Both sides reiterated time and again their commitment to deepening collaboration on trade, defense and security and spurring economic growth for both our countries.

Why does our relationship have such a strong support, across the board in the United States? Answer, I think, is that we are natural partners, she declared. The people-to-people ties between the citizens of the two nations form the bedrock of our close relationships, Kaherine said.

Katherine added that, India and US are now “Major Defense Partners”. In science and technology, we collaborate on an impressive range of issues. As you may know, the National Aeronautics and Space Administration, or NASA, supported India’s historic Mars Orbiter Mission. Infact, NASA continues to do joint research with the Indian Space Research Organization on areas of mutual respect.

In energy, the US and India plan to build Six AP1000 nuclear reactors in Andhra Pradesh, a project that will provide clean, safe, affordable energy to this region, Katherine informed.

Speaking on the occasion M. Mahendra Reddy said both countries have strong ties. Both vave shared values. US inspires us. It’s values and work culture is a great inspiration for all of us. I have 25 relatives living in USA, he said

USA is the world’s oldest democracy and India is the largest democracy, he said. He spoke about Technology Fusion Center coming up on Banajara Hills in Hyderabad on the lines of New York Police with an investment of Rs 300crore.

India and the US are targeting a four-fold jump in bilateral trade to USD 500 billion in the near future. We have been working hard reaching the target. And we are hopeful of reaching it by 2019, informed RBVVN Raju, Regional President of SIC, IACC.

The Indo-American Chamber of Commerce (IACC) is committed to promoting trade and commerce between India and the United States and is now the leading bilateral Chamber at the forefront of facilitating stronger business ties between two of the world's largest economies stated the press note.

About 100 IACC members, Industry Captains graced the function.

Wednesday, June 28, 2017