New Delhi, June 22 (KNN) In an attempt to support best start ups in India and United Kingdom, an India-UK Technology and Talent Exchange program, dubbed TechXChange has been initiated.

The initiative has been taken by Indian High Commission and Federation of Indian Chambers of Commerce and Industry (FICCI).

Talking about this, Sunil Parekh, FICCI’s Member of the National Executive Committee and Chair of the Sub-Committee on Start-ups at the two-day UK-India Leadership Conclave which concluded yesterday, said that this is an attempt to really give it some shape, some serious framework to make this actually happen between India and the UK.

The theme of the conclave-Global Britain meets Global India, aims to boost UK exports and bilateral ties.

Thus, in a move to boost UK exports to India, the industry body announced the 'UKThat' Portal, which will create a marketplace for manufacturing and services industries and offshore traders of all goods and services to promote their products to international clients in India.

Further to promote investments between India and the overseas British territory of Gibraltar, the industry body also unveiled plans to sign an agreement with Gibraltar-based fund manager Red Ribbon to create the Gibraltar-India Business Council.

Highlighting about this deal, Suchit Punnose, CEO of Red Ribbon, said that Gibraltar is an international finance centre and the objective of this Business Council is to promote trade between Gibraltar and India and also to promote Gibraltar as a gateway for investment into the UK.