Andhra Pradesh and Telangana

Andhra Pradesh and Telangana

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About Andhra Pradesh

Andhra Pradesh is situated on the south-eastern coast of the country. The state is the seventh largest state in India by area. As per Census of India, the state is tenth largest by population. Andhra Pradesh was ranked eighth among other Indian states in terms of contributor to India’s GDP

On 2 June 2014, the north-western portion of the state was bifurcated to form a new state of Telangana. Andhra Pradesh’s longtime capital, Hyderabad, was transferred to Telangana as part of the division. However, in accordance with the Andhra Pradesh Reorganisation Act, 2014, Hyderabad will remain the de jure capital of both Andhra Pradesh and Telangana states for a period of time not exceeding 10 years. The new riverfront proposed capital in Guntur district is Amaravati, which is under the jurisdiction of APCRDA. The Gross State Domestic Product (GSDP) of the state in the 2016–2017 financial year at current prices stood at ₹6,800.3 billion (US$110 billion).

The state has a coastline of 974 km (605 mi) with jurisdiction over nearly 15,000 km2 territorial waters, the second longest among all the states of India after Gujarat. Andhra Pradesh is composed of two regions: Coastal Andhra, located along the Bay of Bengal, and Rayalaseema, in the inland south-western part of the state. These two regions comprise 13 districts, with 9 in Coastal Andhra and 4 in Rayalaseema. Visakhapatnam, located on the Bay of Bengal in North Coastal Andhra is the largest city and commercial hub of the state with a GDP of $26 billion, followed in population and GDP by Vijayawada, which is located on the Krishna River and which has a GDP of $3 billion as of 2010.

The state comprises of well qualified, skilled, disciplined, productivity-oriented and English-speaking workforce. The standard of education and educational institutions is highly rated in the country. Average wages are also lower than similar workforce in the developed countries.

Andhra Pradesh hosted average 121.8 million visitors, a 30% growth in tourist arrivals year by year. The Tirumala Venkateswara Temple in Tirupati is one of the world’s most visited religious sites, with 18.25 million visitors per year. Other pilgrimage centers in Andhra Pradesh include the Mahachaitya at Amaravathi, and the Kanaka Durga Temple in Vijayawada, while the state’s natural attractions include the beaches of Visakhapatnam, hill stations such as the Araku Valley and Horsley Hills, and the island of Konaseema in the Godavari River delta.

Andhra Pradesh was ranked eighth among other Indian states in terms of GSDP for the financial year 2014–2015. The GSDP at current prices was 5200.3 billion and at constant prices was 2645.21 billion. The domestic product of agriculture sector accounts for ₹545.99 billion (US$8.5 billion) and Industrial sector for ₹507.45 billion (US$7.9 billion). The service sector of the state accounts more percentage of the GSDP with a total of ₹1,305.87 billion (US$20 billion). In the 2016 list by Forbes magazine, there were several from Andhra Pradesh among the top 100 richest Indians.

About Telangana

Telangana located in southern India. Formed on 2 June 2014 as the youngest state in India, from the northwestern part of the Joint State of Andhra Pradesh, Telangana has an area of 112,077 square kilometres (43,273 sq mi), and a population of 35,193,978 (2011 census). It is the twelfth largest state in India, and the twelfth most populated state in India. Its major cities include Hyderabad, Warangal, Nizamabad and Khammam.

It consists of the ten north-western districts of Andhra Pradesh with Hyderabad as its capital. It is the twelfth largest state in India by area. Most of it was part of the princely state of Hyderabad (Medak and Warangal Divisions), which was ruled by the Nizams during the British Raj until 1947, and later until 1948, when it joined the Union of India. In 1956, Hyderabad state was dissolved and Andhra State was merged with the Telangana region of the state of Hyderabad to form the state of Andhra Pradesh. The city of Hyderabad will continue to serve as the joint capital for Andhra Pradesh and the successor state of Telengana for a period of ten years. Hyderabad, Warangal, Karimnagar and Nizamabad are the major cities in the state.
The commonly spoken languages are Telugu, Hindi, Urdu and English.

The Economy of Telangana is mainly driven by agriculture. Two important rivers of India, the Godavari and Krishna, flow through the state, providing irrigation. Farmers in Telangana mainly depend on rain-fed water sources for irrigation. Rice is the major food crop. Other important crops are cotton, sugar cane, mango and tobacco. There are many multi-state irrigation projects in development, including Godavari River Basin Irrigation Projects and Nagarjuna Sagar Dam, the world’s highest masonry dam.

The state has also started to focus on the fields of information technology and biotechnology. Telangana is one of top IT exporting states of India. There are 68 Special Economic Zones in the state.

Telangana is a mineral-rich state, with coal reserves at Singareni Collieries Company.

Top 5 Industries(Sectors): Information Technology, Pharmaceuticals, Biotechnology, Manufacturing & Aviation/Defense
Top 5 MNCs: Microsoft, Bayer Crop Sciences, AMD, Mylan Laboratories, Monsanto Seeds, Nvidia, International Paper
Top 5 domestic companies: Cyient Ltd, D.Reddy’s Laboratories, Aurobindo Pharma, Mahindra, Nagarjuna Fertilizers & Chemicals Limited
Potential Inward Investments: IT, ITeS, Power, Food Processing, Irrigation, Infrastructure, Automobiles, Medical Devices & Equipment, Life Sciences, Defence, Healthcare, Renewable Energy, Textiles, Education
Potential Outward Investments: Agriculture, Mining, Infrastructure, Pharmaceuticals & Bulk Drugs

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Branch Chairman's message

Dear Members,

It’s pleasure and honour to be elected as the Chairman of Indo-American Chamber of Commerce, Andhra Pradesh & Telangana State. I thank you all for the opportunity and assure you that I and my team of 1st and 2nd Vice-Chairmen, all Branch Committee Members who are tremendously talented and experienced, will do our best to help the members to grow their businesses.

I thoroughly understand the philosophy and ideology on which IACC is formed. IACC will have a very important role in further strengthening and enhancing the bilateral ties between the two countries.

The AP & TS Branch will work to provide a networking platform for exchange of ideas and knowledge between Industry and professional members by inviting domain experts to interactive programs.

We will focus on bilateral engagement of MSMEs of both countries in areas like IT/ITES, pharmaceuticals, manufacturing, real estate, life sciences, aerospace and defence, education etc. to foster greater collaboration between MSMEs in various sector in both the Telugu states and MSMEs in the US.

The priorities of the new team of AP & TS will be to organize events in both the states of Andhra Pradesh and Telangana for benefit of our existing IACC members and bringing in companies who can invest here with the active participation and support of respective Governments. We will work on membership drive to have more Women Entrepreneurs as our members.

We also have special focus on closely working with the US Council in Hyderabad along with all the US States Economic and Trade Promotion Departments.  We also work closely with the IACC Regional Offices and Head Office to have a consolidated common approach in meeting the overall better Bilateral relationship between India and USA in Economic, Trade, Cultural, Education, Technical Advancements, Health and in Immigration and Non-immigration Visa matters.

We also plan to start the Help Desk mechanism for the benefit of the Members and try to interact with them and understand their requirements / problems / issues and service / resolve them to the best of our ability.

While carrying forward the legacy left behind by my predecessors, I would certainly look forward of setting new goals and furthering the various initiatives that was started last year.

I also look forward to working closely with all of you and seek your support and co-operation to take our agenda forward and contribute to the growth of IACC and its Members.

Thank you,
Warm Regards,
Mr. K. Ganesh Subudhi Chairman

Branch Committee Members
Chairman Mr. K. Ganesh Subudhi CFO, K. Raheja IT Park (Hyderabad) Limited
First Vice Chairman Mr. Avinash Babu. Chukkapalli Director, Phoenix Infocity Private Limited
Second Vice Chairperson Ms. Devireddy Sreedevi Individual Member 
Members Mr. S. V. V. N. Apparao CFO, Natco Pharma Limited
Mr. CH. Rajagopal Choudary Chairman, Devi Fisheries Ltd.
Mr. Srinivas Balaji Executive Director, Vamsiram Builders & Developers Private Limited
Mr. Shankar Kuna COO, ACE Urban Infocity Limited
Mr. Sri Krishna Uppaluri Executive Director & CEO, Veljan Denison Limited 
Mr. Anvesh Dasari Vice President, Efftronics Systems Pvt.ltd.
Ms. Sundari R Pisupati Partner, Tempus Law Associates
Ms. Sharmila Karingula Senior Partner , Chugh Consulting (India) LLP
Mr. Vedavyas Raghava Raju Partner, RPSV & CO
Mr. M.V. Narayana Rao Proprietor, Sree Krishna Enterprises
Mr. B. Prabhakara Rao Managing Director, Quality Data Mill Private Limited
Mr. Srinivas Banda Managing Director, IDC Projects Private Limited

 

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