Business mission to focus on export oriented FDI from UK
Updated: Jun 23, 2014 05:13:45pm
“The FICCI delegation has a detailed agenda for their interactions with ministers and other key stakeholders in the UK. Some of the major items on this agenda are: to attract more export oriented FDI from UK, emphasize the role of UK in India’s infrastructure projects like Bangalore-Mumbai Economic Corridor, promoting greater cooperation in healthcare and medical research by developing public-private partnerships, tapping collaborative avenues in the area of education and skills and enhancing B2B linkages in the creative industry in areas like animation,” said a FICCI release.
The high profile delegation led by the Federation of Indian Chambers of Commerce and Industry (FICCI) will be in the UK from June-22 to 25.
According to the industry body, there are key business engagements lined for the Business Mission in London, as well as at the 6th edition of the two-day FICCI-Horasis Global India Business Meeting at Liverpool, a premier annual gathering of senior decision makers from the world of business and politics from India and beyond to discuss a wide range of issues directly related to the Indian economy.
The main objective of the delegation would be to engage with UK counterparts and deliberate on ways to leverage the evolving political and economic scenario to the advantage of India-UK relations and further strengthen the partnership.
The delegation will also talk about how India and UK can together accelerate low carbon and green growth as well as promote cooperation for innovation through industry-academia linkages for entrepreneurship development, technology transfer and capacity building.
The Business Mission will also drive home the urgency of fast- tracking resolution of issues faced by Indian companies in the UK and vice versa. This would go a long way in improving the investment climate between the two countries. (KNN/ST)