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Haryana, Connecticut ink deal, CM woos investors in US

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New York: Haryana and the US state of Connecticut have agreed to develop long-term partnership for sharing economic, social and cultural experiences.

The agreement was reached during a meeting on Tuesday between visiting Haryana Chief Minister Manohar Lal Khattar and Connecticut Governor Dannel P. Malloy in state capital Hartford, near New York.

Malloy assured Khattar that he would take up the issue of investment with Fortune 100 enterprises, 17 of which are located in Connecticut, according to a Haryana government media release.

Malloy accepted Khattar’s invitation to visit Haryana. He will be visiting Haryana early next year to scout for investment opportunities in the auto and precision engineering sector.

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Dannel P. Malloy

Earlier, Khattar and Haryana Industries and Commerce Minister Abhimanyu met seven prospective investors in New York to discuss the possibility of investment in projects and joint ventures in the power and renewable energy sectors, the release said.

Clutch Group founder and CEO Abhi Shah accepted Khattar’s request to start a power project in Haryana and make investment on the pattern of Gujarat, for providing modern facilities like gymnasium, and smart teaching aids.

ThermoAura Inc co-founder and president Rutvik J. Mehta expressed his intention to enter into a joint venture for establishing facilities for manufacturing solar thermal generators.

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Manohar Lal Khattar

Ducon Group of Companies chairman and CEO Aron Govil, who was born in Hisar in Haryana, evinced keen interest in setting up a 100 MW solar power plant in the state.

KPM Assets Alliance managing director Maheshwar Saladi expressed desire to bring a delegation of investors from the US for exploring possible avenues for investment in different sectors in Haryana.

New Silk Route CEO and Vedanta Capital co-founder Parag Saxena discussed issues relating to the deepening of the bond market for financing infrastructural projects.

The Haryana government also signed an MoU with Carrier Airconditioning and Refrigeration Limited, a unit of United Technologies Corporation at Pratt and Whitney Plant, for setting up an additional plant for manufacturing air-conditioning devices in Gurgaon.

The MoU was signed in the presence of Khattar and Abhimanyu at Hartford.

The proposed manufacturing facility in Gurgaon will provide employment to more than 2,000 people besides bringing in investment worth $50 million.

(IANS)

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The major Challenge is to make the Youth of the Country Entrepreneurial and not Job Seekers : Venkaiah Naidu

"The challenge for us is to make the youth entrepreneurial, and not become job seekers," Venkaiah Naidu said pointing to the NDA government's various initiatives.

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Venkaiah Naidu
Venkaiah Naidu. Wikimedia Commons
  • At a time of tepid job growth and continuing income disparities, the major challenge is to make the youth of the country entrepreneurial and not job seekers, Vice President  Venkaiah Naidu said on Thursday.

“Disparities continue to remain in India and so there is a need for inclusive growth… there is the need to take care of the suppressed, oppressed and depressed,” Venkaiah Naidu said at the Bharatiya Yuva Shakti Trust’s (BYST) silver jubilee celebrations here with Britain’s Prince Charles as the chief guest.

“The challenge for us is to make the youth entrepreneurial, and not become job seekers,” Venkaiah Naidu said pointing to the NDA government’s various initiatives to encourage youth enterprises like Startup India, Standup India and the Mudra financing scheme for underprivileged sections.

Modelled on Prince Charles’ Trust for business startups, BYST, founded by Lakshmi Venkatesan, daughter of former President R. Venkatraman, is engaged in building rural entrepreneurship — “grampreneurs” — as also enterprise among under-privileged sections, which includes business mentoring. The current BYST chairman is Bajaj Group chief, Rahul Bajaj.

“Without mentoring, it would be very difficult to set up startups, with all the business, marketing and other vital issues involved in the first two-three years,” Prince Charles said in his address at the International Mentoring Summit organized by BYST to mark its 25 years.

“What amazes me are the sheer number of jobs these young entrepreneurs had created. The aim of such a project should be to create a virtual cycle of creating entrepreneurs who can then invest in the future of business,” Charles said referring to his trust.

BYST was officially launched in 1992 by Prince Charles and expanded its operations to six major regions of India.

Out of these six regions, four — Delhi, Chennai, Pune and Hyderabad — run the urban programme while two regions — Haryana and Maharashtra — run the rural programme.(IANS)

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Donald Trump Planning to meet Putin during his Asia tour

Donald Trump's first trip to Asia is the longest international tour.

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US President Donald Trump
US President Donald Trump. wikimedia commns
  • US President Donald Trump said on Sunday that he expected to meet his Russian counterpart Vladimir Putin during his Asia tour.

“I think it’s expected we’ll meet with Putin, yeah. We want Putin’s help on North Korea, and we’ll be meeting with a lot of different leaders,” Donald Trump told reporters on Air Force One before landing at the Yokota Air Base in Japan, Efe reported.

Putin is scheduled to participate in the Asia-Pacific Economic Cooperation (APEC) summit in Da Nang, Vietnam, which Trump will also attend as part of his long Asia tour.

The North Korean nuclear threat is expected to dominate Donald Trump’s meetings in Japan and the next two stages of his tour, South Korea and China, where he will have a highly anticipated sit-down with Chinese President Xi Jinping.

The remainder of the tour will be more focused on economic issues, with Trump scheduled to take part in the APEC meeting in Da Nang and then in the Association of Southeast Asian Nations (ASEAN) Summit and the East Asia Summit in the Philippines.

Donald Trump’s first trip to Asia is the longest international tour by a US head of state since the one then-President George H.W. Bush embarked on in 1992.

Bush became ill at the end of that trip, famously vomiting on the Japanese prime minister’s lap at a formal dinner before fainting.(IANS)

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Actress Aparna Sen to attend 8th Chicago South Asian Film Festival

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Legendary Indian film actor and Padma Shri awardee Aparna Sen will be in Chicago this week. She is synonymous with bringing Bengali cinema closer to the masses not just in India but globally too finds an artistic proximity to Chicago. She says that the architecture of the city reminds her of a studio set from a movie.

Currently in the US, Sen has been having a very hectic schedule as her latest directorial venture, Sonata, is all set to be screened at film festivals in the US.

Amidst her busy schedule Aparna Sen takes out some time to talk to
Hi India! about her creative pursuits, the scope of regional Indian cinema in the US and of course about her love for museums and eateries in Chicago

“I have been to Chicago twice before this, and I’ve enjoyed the city hugely both times. I particularly like the downtown area with its interesting art deco architecture, its museums and eateries.” – Aparna Sen

Sen who has also directed critically acclaimed films such as 36 Chowringee Lane, that won her Best Director Award at the Indian National Film Awards is looking forward to the screening of her recent directorial film Sonata in America

Aparna Sen will be in the city to attend the 8th edition of Chicago South Asian Film Festival and is appreciative of the interest alternate Indian films have been creating in the US.

(IANS)