INDO-AMERICAN CHAMBER OF COMMERCE (Tamil Nadu Branch)

Transcription

1 INDO-AMERICAN CHAMBER OF COMMERCE (Tamil Nadu Branch) July - September 2013 VOL-4 ISSUE - 3 (FOR PRIVATE CIRCULATION ONLY) SPECTRUM ( Q U A R T E R L Y N E W S L E T T E R ) Chairman's Message U.S. Consul General's Message U.S. Business Visas Chamber Events Forthcoming Events U.S. Commercial Service U.S. Trade Shows (Jan - Mar 2014) Indo- U.S. Trade News Trade Enquiries U.S. Importers List Welcome to New Members Exclusive Discount for IACC Members

2 Message From Chairman's Desk

3 U.S Consul General's Message Dear Members of the Indo-American Chamber of Commerce, The U.S. Mission in India is committed to supporting and expanding trade and investment between the United States and India. This facet of our cooperation holds enormous potential as we seek to leverage innovative work and broaden connections across financial, technology and human capital at the state, city and local levels. In the past year we have looked for every opportunity to help U.S. and South India businesses achieve success through partnerships, thereby creating a stronger two-way relationship between our countries. One of the major initiatives that our Commercial Service office is promoting is SelectUSA. SelectUSA is the first-ever U.S. Government-wide initiative to promote and facilitate business investment in the United States. SelectUSA is a single point of contact at the federal level to assist the global investment community and serve as an ombudsman for investors. For more information about the SelectUSA program, please visit The SelectUSA 2013 Investment Summit hosted by the U.S. Government is a two-day event that will be held in Washington, D.C. from October 31-November 1, The summit will provide a means to explore or to advance investment for Indian companies who are considering expanding operations in the U.S. or acquiring a U.S. based business. During the summit the attendees will network with U.S. state and local officials (including regions and cities) and senior White House officials. The objective is to enable delegates to effectively navigate the U.S. business climate. Along with company executives and U.S. state and economic development representatives, attendees will include senior White House and Administration officials, subject matter experts, and industry and technical specialists. We encourage you to visit pre-register and find more information about the venue and the program. Space is limited and registration will be on a first-come first-serve basis, so we encourage you to register soon. To find out more on other shows in the United States, trade events and our Consulate events, please visit our Consulate website: and the U.S. Commercial Service website : Sincerely, Jennifer McIntyre U.S. Consul General in Chennai

4 U.S. Business Visas: The J Visa Another Business Visa Bilateral Business Ties Economic collaboration between the United States and India is a cornerstone of our deepening partnership. When U.S. Secretary of State John Kerry visited India in June, the strong business relationship between India and the United States played prominently in his remarks on the U.S.-India Strategic Partnership. As Secretary Kerry noted, annual trade in goods and services between the United States and India has grown nearly five-fold since the year 2000, and bilateral foreign direct investment has reached nearly $30 billion. Thanks in large part to the strong business ties between our two democratic nations, annual two-way trade is now approaching $100 billion. As our economies deepen and ties strengthen, the exchange of ideas and information takes on increased importance. Our cooperation drives innovation, economic growth, and job creation for both of our nations, and the United States welcomes the free-flow of ideas, talent, and diversity that leads to better end products. Already our bilateral trade and investment supports hundreds of thousands of jobs in both of our countries, and we are always working to facilitate greater trade and investment in each others' economies. Indeed, the benefits of this flow of ideas are evident in the U.S. tech and engineering sectors. While Indian Americans make up just one percent of our population in the United States, they create eight percent of all the technology and engineering start-ups. In addition, India is home to a large number of companies with headquarters in the United States, and a significant number of business-visa-holders in the United States are Indian. The number of business visas issued to Indian passport holders in the last year is a key marker of the robust relationship between our two nations. As U.S. Ambassador to India Nancy J. Powell has said, the business of the U.S. Mission in India is business. As such, we strive to facilitate the visa process as much as possible. Not only does the U.S. Department of State offer 10-year multiple-entry visas for Indian business travelers, but the U.S. Mission in India is constantly looking for ways to increase customer satisfaction during the visa application process. The Embassy and consulates make every effort to keep wait times as low as possible generally much less than ten days. In 2012, 97% of all visas were processed within one business day, and applicants normally spend less than one hour inside the Consulate on interview day, allowing businesses to save time and resources when sending employees for visa interviews. The majority of Indian business travelers take advantage of the B1, H1B, and L1 visa categories, and it is on these visas and others that the work is done to stimulate both our economies and increase diversity, depth, and range of knowledge. These visa categories were discussed in detail in the April-June issue of the IACC newsletter. The U.S. Mission continues to strive to provide efficient services to its customers. In addition to maintaining our Interview Waiver Program (IWP), which facilitates the application process for qualified and responsible previous U.S. business visa holders, U.S. Consulate General Chennai continues to offer same-day processing for blanket L1 interviews. We highly encourage you to take advantage of this program. Under the current program, applicants can fly into Chennai in the morning, have their biometrics collected at the Offsite Facilitation Center, and travel directly to the Consulate for an interview that same morning. This pilot-program reduces the time these applicants need to spend in Chennai for their L1 blanket visa application from two days to one. To ensure that applicants do not spend more time than necessary at their appointment, we encourage companies to verify that applicants come to the Consulate with all of their relevant documents in order and ready to be reviewed by the consular officer. For example, USCIS has posted a new version of form I- 129S, Nonimmigrant Petition Based on the Blanket L Petition. This version adds a section requesting information regarding whether the beneficiary will be placed at an offsite location from the petitioner and an attestation regarding the release of controlled technology. As of September 9, 2013 the Consulate is no longer accepting older versions of the I-129S, and applicants should come to the interview with the appropriate form, which can be found at

5 In addition, although wait times are minimal at U.S. Consulate General Chennai, it is important that applicants and their companies apply early for visas. In order to ensure that your employees travel to the United States on schedule, please put in your appointment request as soon as possible. J-1 Visas The U.S. Mission in India greatly values the important business relationship that we share with India, and we offer a wide variety of visas to suit the business needs of Indian companies. While B1, H1B, and L1 visas were discussed recently in the April-June IACC newsletter, another category companies might consider is the J-1 visa category, which may be appropriate options for companies sending their employees for lengthy training in the United States. Becoming a sponsor of a J visa is complex process, but the State Department welcomes and encourages new organizations to become sponsors of exchange visitor programs. Exchange visitor training programs are designed to allow foreign professionals to come to the United States to gain exposure to U.S. culture and to receive training in U.S. business practices in their chosen occupational field. A trainee must be a foreign national who has a degree or professional certificate from a foreign postsecondary academic institution and at least one year of prior related work experience in his or her occupational field outside the United States or has five years of work experience outside the United States in the occupational field in which they are seeking training. The program is intended to enhance the skills and expertise of exchange visitors in their academic or occupational fields through participation in a structure and guided training-based program. Trainees cannot work in unskilled or casual labor positions, in positions that require or involve childcare or elder care, or in any kind of position that involves patient care or contact. Further, sponsors must not place trainees in positions that require more than 20 percent clerical or office support work. Use of the Exchange Visitor Program for ordinary employment or work purposes is strictly prohibited. Sponsors are not to place trainee participants in positions, which are filled or would be filled by full-time or part-time employees. Also, the training cannot duplicate a trainee participant's prior work experience or training. To be eligible for designation as a program sponsor, an organization must demonstrate its ability to comply and remain in continual compliance with all provisions of the Exchange Visitor Program regulations and meet its financial obligations and responsibilities attendant to successful sponsorship of its exchange program. Also, with the submission of an application, it is expected that the organization will be fully prepared to begin the administration of the program upon designation. If you are interested in applying for designation to become an exchange visitor program sponsor, please refer to the Department of Homeland Security's User Manual for Temporary Users of SEVIS or contact the Office of Private Sector Exchange and ask to speak to a program designation officer at jvisas@state.gov. Information can also be found on the private-sector exchange website at There is detailed information available on the J visa program, and one excellent resource is Because deepening and broadening our business relationship benefits both India and the United States, representatives from the U.S. Mission in India meet regularly with Indian companies to discuss the business visa processes. We strive to facilitate dialogue regarding the logistics of traveling to and working in the United States, and we are always seeking ways to innovate and improve our processes to best meet the needs of Indian business travelers. As U.S. President Barack Obama has said, the U.S. is open for business, and we encourage you to take advantage of the benefits of business travel to the United States. The U.S. Mission in India is here to assist you, and we encourage you to visit us at and contact us at support-india@ustraveldocs.com should you have any questions. Source: American Consulate General, Chennai

6 Chamber Events July 12, 2013: Tour of U.S. Visa Centres in Chennai IACC (TN) organized Tour of 'U.S. Visa Centers' for the benefit of Members. With overwhelming participation of members. The tour provided an opportunity to walk through U.S. process and procedure while applying for US Business visas. The participants also had a chance to directly interact and network with few Visa officials. July 25, 2013: Workshop on American-Cross Cultural Skills, Chennai Participants along with IACC Officials. Participants with Workshop Trainer August 9, 2013:Interactive Meeting with the U.S. Ambassador Nancy J Powell, Puducherry Ambassador Nancy J Powell addressing the Members of IACC and invitees. U.S. Ambassador Nancy J Powell and US Consul General in Chennai with IACC Office bearers. August 20, 2013: Meet success First Hand, Chennai The success journey of Mr. B.A. Kodandaraman, Chairman and Managing Director, Vivek Limited, Chennai was shared at this meeting

7 August 27, 2013: Presentation on EB-5 Green Card Investor Visa for US Permanent Residence, Chennai Mr. Michael Mattox, MBA, Principal, Access the USA, Lacey, Washington addressing the guests. September 13, 2013: Seminar Export Opportunities and Challenges for the Indian Processed Food Industry, Coimbatore Dr. M. Karunaharan, I.A.S. District Collector, Coimbatore delivering his Inaugural address. A section of the delegates at the event Indo American Chamber of Commerce (IACC) jointly with Federation of Indian Export Organisations (FIEO) organized a one day Seminar on Export Opportunities and Challenges for the Indian Processed Food Industry in Coimbatore. The seminar was inaugurated by Dr. M. Karunaharan, I.A.S. District Collector, Coimbatore. Mr. G. Shanker, Past Chairman, IACC(TN) gave an overview of the seminar theme.

8 Forthcoming Events: Indo-US Resurgence Summit: A Search for Innovative Strategies 2nd & 3rd December 2013 at Hotel Hyatt Regency, Bhikaji Cama Place, New Delhi The Indo-American Chamber of Commerce (IACC) is organizing the Indo US Resurgence Summit: A Search for Innovative Strategies" on 2nd & 3rd December 2013 at Hotel Hyatt Regency, New Delhi. It is a very timely initiative in light of the current Indo- US Economic relations and the need to discover new and emerging opportunities in order to boost the bilateral trade and investments. It will showcase innovative strategies that the US and Indian Industries are applying in some of the existing business sectors to improve the business ties. Objectives of the Summit: Showcase the emerging business opportunities present in the focused sectors. Highlight the policy and regulatory framework in these sectors Act as a global window to showcase Indo-US strengths and future areas of collaboration Promote two way trade, bilateral investments, technology transfers, joint ventures and business to business contacts Forum for exchange of ideas in critical sectors of bilateral cooperation Key takeaways of the Summit The Summit will highlight opportunities in areas of : Delegate Fee: Bilateral investment Technology transfer Joint ventures Public Private Partnerships Mega- Government and Industry projects Insights into the emerging opportunities in the focused Sectors creating a strong networking platform helping in developing direct B2B and P2P contacts Platform to network with global Industry leaders and senior representatives from Governments and PSUs etc. For Non-Members For IACC Members Indian Delegates : INR 10, % service tax Foreign Delegates : USD % service tax INR % service tax Cheque / DD in favour of Indo-American Chamber of Commerce, payable at New Delhi For registration, partnership & advertisement, please contact: Mr. Atul Vyas, Acting Secretary General, IACC , atul@iaccindia.com Ms. Ruchika Badola, Regional Secretary, IACC , ruchika@iaccindia.com Ms. Neelu Sadana, Assistant Secretary, IACC , , neelu@iaccindia.com IACC offices :

9 U.S. Commercial Service:

10 U.S. Commercial Trade shows: (Jan- Dec 2014)

11 Other Trade Shows (Jan- Mar 2014): S.No Date Event Title Venue Website 1 January 7-10, 2014 Mexico:Exporting Goods Washington, DC Using Courier Services and Postal Service 2 January 11- National Western Stock Denver, CO 26,2014 Show 3 January 19-21, Fancy Food - Winter San Francisco, CA 4 January 25-28, ASTA's Vegetable & Scottsdale, AZ Flower Seed Conference 5 January 28-30, International Poultry Atlanta, GA Expo 6 January 28-30, DistribuTECH 2014 San Antonio,TX January 30-31, Gulf States Horticultural Mobile, AL Expo, Inc 8 February 4-6, 2014 International Builders' Chicago, IL Show 9 February 13-17, 2014 Miami International Boat Show Las Vegas, NV 10 February 25-27, February 28 - March 2, 2014 The Convenience Distribution Conference & Expo 26th Annual National Fiery Foods & Barbecue Show Oralando, FL Albuquerque, NM March 1-4, 2014 SNAXPO Dallas, TX 13 March 2-4, 2014 International Restaurant and Foodservice Show of New York New York City, NY 14 March 4-23, 2014 Houston Livestock Show Houston, TX and Rodeo 15 March 9-12, 2014 Duty Free Show of the Orlando, FL, Americas USA 16 March 12-14, 2014 Global Pet Expo Orlando, FL 17 March 16-18, 2014 International Boston Boston, MA Seafood Show 18 March 24-26, 2014 Nightclub & Bar Las Vegas, NV Convention & Trade Show 19 March 31- April 02, 2014 Petfood Forum Schaumburg, Il

12 Indo-US Trade News: Export / Import Statistics : Trade during the period Jan. Apr i) Major items of export from India to US Select major items with their percentage shares, are given below. a) Textiles (16.9%) b) Precious stones & metals (20.9%) c) Pharmaceutical products (11.1 %) d) Mineral Fuel, Oil (8.9%) e) Organic chemicals (5.7%) f) Machinery (4.5%) g) Lac, Gum, Resins (3.7%) h) Iron & Steel Products (3.3%) ii) Major items of export from US to India Select major items with their percentage shares, are given below a) Precious stones & metals (28.1%) b) Machinery (12.6%) c) Electrical machinery (7%) d) Optical instruments & equipment (6.2%) e) Mineral Fuel, Oil etc (5.9) f) Aircraft, spacecraft, Parts (5.2%) g) Organic chemicals (4.3%) h) Miscellaneous Chemical Products (3.8%) Source : Dept. of Commerce, Embassy of India, USA Fostering Bilateral Trade and Investment Trade: U.S.-India bilateral trade in goods and services grew from $59.9 billion to $92.5 billion between 2009 and2012, despite a challenging global economy. Both countries are committed to expanding this relationship and removing obstacles to growth, including through expert level discussions in the Trade Policy Forum (TPF) and other bilateral dialogues, with plans for a TPF Ministerial in the year ahead. TPF meetings allow for discussion of trade and investment challenges, including localization measures, regulatory barriers, and protection of intellectual property rights. Investment: India is one of the fastest growing sources of investment into the United States. Indian foreign direct investment (FDI) in the United States increased from $227 million in 2002 to almost $5.2 billion in 2012, supporting thousands of U.S. jobs. Meanwhile, U.S. investment in India reached more than $28 billion in On October 31, 2013, Indian companies will participate in the first global SelectUSA Investment Summit in Washington to foster investment and partnerships between Indian businesses and U.S. state and local governments. Economic and Financial Partnership Dialogue: Continuing the close cooperation between the U.S. Department of Treasury and India s Ministry of Finance, the 4th U.S.- India Economic and Financial Partnership Ministerial will be held in Washington D.C. on October 13, The dialogue, planned to include the Governors of our respective central banks, will include discussions on macroeconomic and financial developments, including cooperation on anti-money laundering/countering the financing of terror, focusing on policies to strengthen each of our economies. Commercial Dialogue: The U.S. Department of Commerce and Indian Ministry of Commerce and Industry led a public-private discussion on September 24 on manufacturing and supply chain sustainability to conserve food, energy, and natural resources.

13 Civil Aviation Cooperation: The U. S. Trade and Development Agency, with other U.S. agencies, sponsoring the U.S.-India Aviation Summit, October 29-31, 2013, in Washington, D.C. The summit intends to focus on new air traffic management technologies, aircraft environmental issues, and expanding aviation infrastructure. The Indian civil aviation market is expected to be the world s third largest by 2020, surpassing 450 million domestic passengers. Manufacturing: To facilitate closer cooperation on strengthening the manufacturing sector in both countries and eliminating barriers that dampen investor confidence, the United States has proposed the creation of a Joint Committee on Investment in Manufacturing. High Technology: Since the Department of Commerce launched the High Technology Cooperation Group in 2002, U.S. strategic trade exports have increased significantly, exceeding $5.8 billion in Only 0.02 percent of U.S. exports to India require a license today, compared with 24 percent in Source: Embassy of India, USA U.S. and Japan streamline trade in Organic Industry The U.S. Department of Agriculture (USDA) announced that the United States and Japan formed a partnership that will recognize the two organic programs as equivalent and allow access to each other s markets starting Jan 1, Until now, organic farmers and businesses wanting to sell products in either country had to obtain separate certifications to meet each country's organic standards, typically requiring two sets of fees, inspections and paperwork. The new agreement will streamline access to the growing Japanese organic market for U.S. farmers and processors and eliminate significant barriers for small and medium organic producers, benefiting America's thriving organic industry," U.S. organic exports to Japan are currently estimated at $80 million, with growth due to the arrangement expected to reach at least $250 million in 10 years. Through the National Organic Program, USDA has helped farmers and businesses create an industry that today encompasses over 17,000 organic businesses in the United States alone, and has grown to $35 billion annually in U.S. retail sales. Source: U.S. Department of Agriculture Trade Enquiry American Company Seeking Indian Strategic Partnership A USA based manufacturer and supplier of automotive OEM sealants and adhesives is seeking an India based partnership in order to rapidly expand its global footprint. This company is a leading supplier to direct OEMs in North America, as well as to Tier I automotive customers. Their extensive portfolio of globally approved products is supplied to automotive assembly plants in Body Shop, Paint Shop and Trim. Company is seeking an India based strategic partnership with contacts in the Indian automotive industry. Established contacts at Assembly, Purchasing and Engineering levels are preferred. Equipment, design, technical and Research & Development support to be provided. Prospective partner should possess general chemical processing capabilities within a complementary or noncompeting product line. To know more on this trade enquiry, please contact Ms. Sujatha Ravishanker by sujatha@iaccindia.com

14 U.S. Importers List : Food Ingredients Suppliers and Food Processing Companies S.No Company Address 1 Ach Food Companies 2 B&G Foods 3 Brothers International Food 7171 Goodlett Farms Pkwy., Cordova, TN, Business Park Divine, Houston, TX, Ganson Ave., Batavia, NY, Campbell 1 Campbell P.I. Camden,NJ, Chaucer Foods Inc 160 Elleen Way Syosset, NY, CJ Foods, Inc N Hwy, 50 Pawnee City, NE, Con Agra 8 Delite Food Trading Inc 1 ConAgra Dr., Omaha, NE, Central Ct. Carle Place, NY, Dole Packaged Foods 1 Dole Dr., Westlake Village, CA, Food Ingredients 2100 Airport Road, Waukesha, WI, Food Match Inc 12 Heinz 13 House Food America Corporation 875 8th Avenue, 23rd Floor, NY, Progress St, Pittisburgh, PA, Orangewood Ave Garden Grove, CA, Jayone Food Inc 7212 Alondra Blvd. Paramount, CA, Kraft Foods 3 Lakes Dr., Northfield, IL, Natural Food Source 52 E Union Blvd, PA, Red River Foods Inc 18 Schiff Food Products Inc 19 Schreiber Foods Inc 9020 Stony Point Parkway Suite 380 Richmond,VA 7401 West Side Ave, North Bergen, NJ, Pine St., Green Bay WI, Simply Asia Foods, Lic 215 Schilling Circle, Suite 112 Hunt valley, MD, Transpacific Food Inc 2601 Main Street Suite 910 Irvine, CA, Unilever Foods 2000 Highway 51 North Covington, TN, Phone Source : Embassy of India, USA / SIS International

15 Welcome to New Members: S.No Company Name 1 Aruna Hotels Limited, Chennai 2 C.R.I Pumps (Pvt) Limited, Coimbatore 3 Caliber interconnect solutions pvt Ltd, Coimbatore 4 Copper Chimney South India Pvt Ltd, Chennai 5 Fourrts (India) Laboratories Pvt. Limited, Chennai 6 Frontier Lifeline Pvt Ltd, Chennai 7 Kurian and Kurian Chennai 8 Lovely Offset Printers Pvt Ltd, Sivakasi 9 Mark Techpro and Consultants Pvt Ltd, Chennai 10 Mayapuri Graphic Workstation Pvt Ltd, Chennai Representative Mr. M. Sivaram, CMD Mr. E.N.Komathan, General Manager - INTL Division Mr. K. Suresh Babu, CEO Mr. N. Mahadevan, Managing Director Mr. S. V. Veerramani, Chairman & Managing Director Dr. K. M. Cherian, Chairman & CEO Mr. Jacob Kurian, Advocate Mr. K. Senthilkumar, Director Mr. S. M. Kanakaraj, Managing Director Mr. G. Krishnamurthy, Artistic Director & CEO Mr. Aaryaan C Paramasivam, Creative Director Line of Business Hotel Industry Manufacture, Supplier & Exporter of submarine Pumps, Motors, Waster Water Pumps, Centrifugal Pumps, Peripheral Pumps & Solar Pumps Designs of printed circuit board, system in package and IC package substrate, electrical integ rity analysis of interconnect and electrical designs automotive tools Chain of Restaurants Manufacturer & Exporters of Pharmaceutical Formulations Healthcare Advocates, Legal Services Manufacturer cum exporter of paper and paper board products Business Development Consultancy & indenting agent for Overseas. Offer engineering solutions and products for critical sealing and coating requirements 360 degree branding & advertising solutions 11 Sysbiz Technologies, Chennai 12 TexelQ Engineering India Pvt Ltd, Chennai 13 Virtusa Software Services Pvt Ltd, Chennai 14 Yahweh Consultants Private Limited, Chennai Mr. Vikram Nagaraj, Operations Head Mr. V.Sanjeevi, Director Mr.Muralidharan Erumpala, Asia Head of Marketing Mr. S.Manjunath, Business Advisor IT Solution provider Engineering Design & Solutions IT Solution provider, Consulting, Application, IT Infrastructure, BPO services Accounting, audit & advisory, consulting compliance, business start up & support, payroll, taxation, transfer pricing

16 Hotels Discount Facilities to IACC Members: Chennai: Hotel Kohinoor Asiana, Chennai (Valid until December 31, 2013) 1/238, Old Mahabalipuram Road, Semmencherry, Chennai , Phone: , reservations@asianahotels.com Room Published Special Category Tariff Rate Standard tax 6000+Tax Single Room Standard Tax 6500+Tax Double Room Suite/ Club Room 20% Discount on the Tariff Bytes F & B Outlets 25% on normal pastries & cakes Caramel, Silk, Wildfire 15% on the bill I-Lounge Other services Remarks No discount on fancy cakes, wedding cakes, festive items & cold cuts Prana Spa 15% discount on all treatments Mon-Fri (4pm to 10pm) Prana Spa 15% discount on all merchandise Hotel The Residency Towers, Chennai (Valid until December 31, 2013) 115, Sir Thyagaraya Road, Chennai Phone: , sales.towers@theresidency.com Room Published Special Category Rate Rate Standard Single Taxes Taxes Standard Double Taxes Taxes Hotel The Residency, GN Chetty Road, Chennai (Valid until March 31, 2014) 49, G N Chetty Road, T Nagar, Chennai Phone: , fom@theresidency.com Room Published Special Category Tariff Incl. Tax Rate Incl. Tax Standard Single Standard Double Executive Single/ Double Suite Single/ Double Hotel The Deccan Plaza, Chennai 36, Royapettah High Road, Royapettah, Chennai-14 Phone: , deccansales@deccanhotels.com Room Published Special Validity of Offer Category Tariff Rate Superior Single Taxes Taxes Superior Double Taxes Taxes

17 Hotel Clarion, Chennai (Valid until December 31, 2013) 25 Dr. Radhakrishnan Road, Chennai Phone: , bdm@clarionchennai.com Room Published Special Category Tariff Rate Incl. Tax Luxury Room taxes 4500 nett Club Room taxes 5000 nett Eva Room taxes 5000 nett Hanu Reddy Residences : (10% discount on the published tariff.) Poes Garden Tariff Wallace Garden Tariff 41 / 19 Poes Garden, Chennai No. 6A/24, Wallace Garden, 3rd Street, Chennai Phone: , reservations@hanureddyresidences.com Room Published Luxury Tax Service Tax Total Category Tariff 12.5% 7.42% Suite Mini Suite Deluxe Standard Room Published Luxury Tax Service Tax Total Category Tariff 12.5% 2% Presidential Suite Suite Mini Suite Deluxe Standard Published by Indo-American Chamber of Commerce, New No:6 (Old No:2), Seethammal Colony, I Cross Street, Alwarpet, Chennai Phone: Telefax: tn@iaccindia.com Website: Disclaimer: The content of this Newsletter, SPECTRUM has been gathered from various sources. This content has been made available by the Indo- American Chamber of Commerce to its members in good faith as a service to them. Though the Chamber has taken adequate efforts to ensure the authenticity of the information, the Chamber will not be liable for any action that readers take based on the information presented. The views presented herein are those of the authors/contributors and are not necessarily the views of the Chamber. The organization does not accept any liability whatsoever nor do they accept responsibility for any financial or legal consequences arising from the use of the information provided herein.