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East Midlands Chamber News

Delegation to India

Nottingham City Council, UK Trade & Investment and UK India Business Council to lead a delegation of businesses to Delhi and Chandigarh in December.

India is culturally close to the UK and is a very important market.

It has a fast-growing economy which presents many opportunities for UK businesses.

The delegation will visit Delhi – the country’s centre for international politics, trade, culture and literature.

With an economic growth rate of 9.3 per cent in 2013-14, Delhi is one of the fastest growing states of the country.

The Government of Delhi has been committed towards creating a progressive business environment.

The new Industrial Policy 2010-21 aims to provide a conducive environment for knowledge-based and hi-tech IT/ITeS industries and has created two special economic zones (SEZs).

Key sectors include banking, financial services, ICT and construction.

The delegation will also visit Chandigarh, the capital city and economic hub of two north India states, Punjab and Haryana.

It is ranked the fifth top location in India and has the highest per capita income at three-times the national average.

ICT, Creative Media, Food & Drink and Life Sciences have been identified as key sectors, offering opportunities for UK SMEs.

Chandigarh is also expected to be one of India’s first “Smart Cities” and therefore presents opportunities for infrastructure and cleantech companies.

Nottingham City Council has strategic links with Chandigarh Administration, the British Deputy High Commission and the Confederation of Indian Industry which will provide delegates with access to a range of networks and opportunities during the market visit.

There is an administration fee of £375+VAT.

Additional costs for UKIBC OMIS service, flights, transport, accommodation and in-market activities to be covered by the individual companies.

But £500 market visit support is available for eligible companies.

To book visit http://bit.ly/1Fp7wfK. For more information contact UK Trade & Investment at if@kimc.knoute.ou or call 0345 052 4001.