The India New Zealand Business Council (INZBC) has invited Telangana chief minister K Chandrashekhar Rao 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 among others met KCR during the World Telugu Conference, and extended a formal invitation on behalf of the
INZBC.
They said that New Zealand 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 CM’s visit could help in getting investments from Indian New Zealanders, besides New Zealand companies in dairy, sheep growing and other sectors.