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Telangana CM may visit US in July to seek investments

The CM's trip is being planned to finalise and sign these MoUs.

Hyderabad: Chief Minister K. Chandra-sekhar Rao is likely to visit the US for the first time in July to seek investments for Telangana. His son and IT minister K.T. Rama Rao had recently toured the US for two weeks and met industry heads who expressed their willingness to set up their operations in the state and to sign MoUs.

The CM’s trip is being planned 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.
The CM has never visited the US so far. Mr Chandrasekhar Rao obtained a passport and went abroad only after he became CM in June 2014. He has visited Singapore, Malaysia and China. He had applied for a US diplomatic visa and obtained it in December 2014 but did not travel.

( Source : Deccan Chronicle. )
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