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KCR may visit US in July to seek investments for Telangana

Hyderabad: For the first time Chief Minister K. Chandra-sekhar Rao is going to visit the US in July to seek investments for Telangana. His son and IT minister K.T.Rama Rao, 39,had recently toured the US for two weeks and met IT honchos of Microsoft , Google, and Cisco, and industrialists and entrepreneurs to seek investments in Hyderabad and Telangana.

KTR had attended a series of meetings in Washington DC, Edison, New Jersey, New York, Pittsburg, Dallas and Bay Area. The main focus of the trip was to promote ‘Vibrant Hyderabad’, and attract investments into IT, electronics, pharma, defense and aerospace industries.

The masin aim of CM’s trip is to finalise and sign these MoUs. CMO sources said Mr Rama Rao had
briefed the CM about the response that his US trip had evoked among prominent industrialists and corporates. The investment proposals could materialise if the CM himself visited the US, met them personally and signed MoUs, he said.

In June 2014 when Mr. Chandrasekhar Rao became CM has visited Singapore, Malaysia and China though he obtained a passport. He had applied for a US diplomatic visa and obtained it in December 2014 but did not travel.