CM KCR invited to New Zealand Business Council

Hyderabad: The Telangana Chief Minister K Chandrashekhar Rao has received invitation from India New Zealand Business Council (INZBC) to visit New Zealand and explore business development prospects between Telangana and New Zealand.

Telangana Rashtra Samithi New Zealand president Vijayabhaskar Reddy Kosna and Kalyan Rao Kasuganti of the Telangana Association of New Zealand and Mahesh Bigala TRS NRI Coordinator met the Chief Minister during the recent World Telugu Conference and extended a formal invitation to him on behalf of INZBC.

New Zealand, they pointed out, is popular for dairy and milk production and Telangana could explore foreign direct investments and new avenues of foreign technology in its dairy industry. There is a huge untapped potential of expanding business to business relationships between New Zealand and Telangana, they said, adding that the Chief Minister's visit could help in getting investments from Indian New Zealanders, besides New Zealand companies in dairy, sheep growing and other sectors.

They added that INZBC would be privileged to host the Chief Minister next year in Auckland for business level talks.