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What does 'Howdy' in 'Howdy Modi' stands for?

There has been a lot of buzz around the 'Howdy Modi' event for the past few days. The event gained even more popularity when the US President Donald Trump announced that he would be joining the Indian Prime Minister in the event addressing more than 50,000 people from the Indian community. But What does 'Howdy' mean? Actually, 'Howdy' is a commonly used term in Texas that is used for an informal and friendly greeting.