Telugu is the fastest-growing language in the USA, says Jennifer Larson United States Consular General in Hyderabad
HYDERABAD, May 23 (the CONNECT) – Telugu is the fastest-growing language in the USA.
Stating this, Jennifer Larson United States Consular General in Hyderabad, said the number of Indians studying in the US is rising by the year. As much as 40 per cent of Indian students in America are from the Telugu states.
She was speaking a session “Global Alliances: Strengthening Economic Bridges” organsed by the FICCI Ladies Organisation (FLO).
Talking about business aspects, Jennifer said she was confident that the bilateral trade between both nations India and the US might touch 500 billion US $ in the next 5 years.
About 200 US companies have their presence in Hyderabad, and she keeps going inaugurating a new office on a weekly basis.
The US is interested in sectors such a Pharma, IT, Defence Manufacturing, Multi brand retail etc for increased cooperation, she said.
Today’s session will serve as a gateway to global trade for our members, said Priya Gazdar, Chairperson of FLO while welcoming the gathering. International trade allows companies in general and our members in particular to expand their markets and access goods and services, she said.
Priya Gazdar, Chairperson of FLO, said in her welcome address that trade between India and the US has grown nearly ten times since 2001, to about 200 billion USD in 2023.
“The strength of our relationship is our people-to-people connections, strong democracy and shared values,” she said.
Denise Eaton, Trade & Investment Commissioner for Austrade in South Asia said the trade delegation led by Australian Premiere Anthony Albanese last year to India was very significant. “It demonstrates our mutually beneficial relationship and the bond. Modi and Albanese met thrice in the year 2023 itself speaks volumes. Indian market means so much to us. You are the largest market,” she said.
Speaking on capacity-building to further two-way economic ties between countries, Denise said India and Australia are natural partners. Critical minerals are something we are strong about and India is fast developing battery manufacturing market. “I see a mutual benefit in that area,” she said.
Gareth Owen British Deputy High Commissioner Telangana and AP said the educational and cultural exchanges between countries contribute to strengthening our trade relations. “Our cultural and people-to-people relations are very strong. The UK is an educational destination for many Indian students. We have 1.3 lakh Indian students studying in our country,” Gareth said.
Each of the speakers gave a list of 3 priority sectors for stronger trade relationship. Gareth saw Defence, Education, AI, Technology, Semi-Conductors and ML, Jennifer looked at education as a top priority area as it is worth 9 bn annually contributed to the American economy by Indian students. Green Technology, Solar Panels, Yoga and Ayurveda have emerging markets in the USA. Gareth said saw potential in education, EVs and Clean Energy
