Lokesh and Rama Rao in US to woo investments

Lokesh and Rama Rao in US to woo investments - Sakshi Post

Hyderabad: The chief ministers of Andhra Pradesh and Telangana sons are wooing US investors and promoting their states as preferred investment destination.

N Lokesh, son of Andhra Pradesh Chief Minister N Chandrababu Naidu and Telangana Chief Minister K Chandrasekhar Rao's son K T Rama Rao are currently on a visit to the US, meeting NRIs and corporate honchos.

Lokesh is at present the coordinator for TDP's workers welfare fund and holds no position in Naidu's Cabinet, while Rama Rao is Panchayat Raj and Information Technology Minister.

 Lokesh, an MBA from Stanford University, interacted with NRI entrepreneurs and top executives like Vishal Sikka of Infosys and Vinod Khosla and also met US President Barack Obama in Portland.

Lokesh has explained to Obama on the Smart Village/ Ward towards Smart Andhra Pradesh programme, the state's new industrial policy and the ambitious growth plans of the state under the leadership of Naidu, according to the ruling TDP.

During his US visit that began a week ago, 32-year-old Lokesh had several meetings with NRI Telugus and urged them to adopt their native village or any other village of their choice and be the catalyst for its development. 

Thirty-eight-year-old Rama Rao, met executives of several top firms like Boeing and MasterCard. New York-headquartered investment management firm DE Shaw has come forward to invest USD 200 million in Hyderabad, according to Rama Rao.

The Rama Rao-led delegation met with former US Ambassador to India Frank Wisner who has maintained close links with Hyderabad in the capacity of Chairman of the Deccan Heritage Foundation, which supports conservation initiatives of important monuments in the region. 


Read More:

Back to Top