IACC celebrates 242nd American Independence Day

Telugu is the third most widely spoken Indian language and the 20th most spoken language in the United States, says Katherine Hadda, Consul General, Consulate General of the USA quoting American Community Survey 2012-2016.

Every fourth person in Telugu states have family ties in USA:Catherine Hadda

Hyderabad, June 26, 2018.. The Andhra Pradesh and TelanganaChapter of Indo-American Chamber of Commerce (IACC) celebrated 242nd AmericanIndependence Day here in the city Tuesday evening in a city hotel .

Shailendra Kumar Joshi, Chief Secretary, Govt of Telangana;Katherine Hadda, Consul General, Consulate General of the United States ofAmerica, Hyderabad; Suresh Chukkapalli, Chairman, Phoenix Group and HonoraryConsul General of Korea, Telangana; Jayesh Ranjan , Principal Secretary IT&ES, Govt of TS and severalothers participated in the celebrations.

S. Purnachandra Rao, Regional President IACC giving his openingremarks said in every hospital, manufacturing company there is an Indian in America.Nearly 3 million Indians live in America. 80 per cent of American working Visasare issued in India and Hyderabad leads there.

IACC lead by Srikanth Badiga, its Chairman; Vijayasai Meka, ViceChairman  and other office bearers alsograced the function. Welcoming the gathering Srikanth BADIGA highlighted amongother initiatives IACC working on includes Mentoring Women Working from homes

IACC exchanged MoU with Gurpreet Bhatia, State Project Officer ofUNDP.

IACC is acting as a bridge between India and USA. Looking atCatherine Hadda, US Consular General, Dr. Shailendra Kumar Joshi, ChiefSecretary said you are three times older than us. But we have 5000 years oldancient civilisation.

Three things are common to both the countries—Dreams, Diversityand Democracy. We are the largest functional democracy and you are the oldest,he said.

Speaking on the occasion Jayesh Ranjan said there is specialbonding forged between US and Telangana in the last 4 years. Many Americancompanies in multiple sectors such as Pharma, Defence and Aerospace  with increasing intensity are engaging withlocal companies or working on collaborations. 

Speaking on the occasion Katherine Hadda said, “India and theUnited States have much more to offer to the world, including the ideals ofjustice, freedom, liberty, prosperity, and pluralism.  Fundamentally, we are bound by a sharedpolitical philosophy on the relationship between citizens and theirgovernment.”

“Our strategic defense partnership is stronger than ever.  In just two weeks, on July 6, the UnitedStates and India will hold its inaugural 2+2 dialogue in Washington DC, wherethe U.S. Secretaries of State and Defense and the Indian Ministers of ExternalAffairs and Defense will meet to discuss how we can continue to strengthen ourstrategic and security ties.  There isstill more work to be done to expand the bilateral relationship, and dialoguessuch as this are essential to the process.”, she informed.

 “The Indian diaspora, andespecially the Telugu-speaking community, have long played a major role inbringing our societies closer together. According to the 2012-2016 American Community Survey, Telugu is thethird most widely spoken Indian language and the 20th most spoken language inthe United States.  I am often told thatevery fourth person here has family ties in the United States, though based onmy many encounters with people here and in Andhra Pradesh, I’m starting tosuspect that may be an underestimate! Telangana and Andhra Pradesh are also among the states in India thatsend the largest number of students to the United States.”, Catherine stated. 

“It is a pleasant coincidence, Catherine Hadda added that the IACCcelebrated its 50th anniversary in late 2017, just as the United States andIndia were celebrating 70 years of friendship. As we celebrate America’s Independence Day, I would like to take thisopportunity to renew our commitment to the IACC, and to the governments ofTelangana and Andhra Pradesh, to support greater collaboration and economiccooperation between our two countries. “

Suresh Chukkapally, Honarary Consul General of Korea in TelanganaPHOENIX Group said that they were keen to work with US Consular General as itis our focus area as well

250 industry leaders, IACC members graced the celebrations.

IACC was established in 1968. It is the apex bi-lateral Chambersynergizing India-US Economic Engagement. It was started by Ambassador ChesterBowles along with the then Industry leaders and visionaries like Mr. S LKirloskar, Mr. Harish Mahindra, Mr. H. P. Nanda, Mr. Ambalal Kilachand, Mr. A.M. M. Arunachalam, Mr. Frederick Fales and Mr. John Oris Sims for enhancing USIndia Economic Engagement.  IACC is oneof the Chapters representing AP and Telangana State.

 Today IACC has pan Indiapresence with 2400 members, representing cross section of US and IndianIndustry.

IACC’s vision is “To be the principal bilateral chamber committedto the promotion of industrial, economic, business and commercial activitiesbetween the united states of America and India”

 And it’s Mission is to actas a catalyst in promoting economic growth between the two countries and toprotect and promote the collective bilateral needs and interests of the Indo-USbusiness community. And also lobby with two governments on significant bilateralissues affection Indo-US commerce

The Indo-American Chamber of Commerce (IACC), has set a target of$500 billion through bilateral trade between India and US, by 2022.

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