By Kate Madley
The UK High Commission of India is hosting a business meeting in Cardiff on September 27 to focus on collaboration in advanced manufacturing and technology between the Wales and India.
Wales’s First Minister Carwyn Jones and India’s High Commissioner, Dr. J. Bhagwati, will be keynote speakers as the two countries aim to build their relationship following from the success of the Welsh Government trade mission to India in April this year.
The High Commission is also organising industry appointments for the Indian delegates, and a number of visits will be arranged to centres of advanced manufacturing and technological excellence to discuss emerging business opportunities and partnerships.
Further sectors such as IT, healthcare, skills development, financial services, construction and tourism development will also be highlighted to the Indian delegates during their visit to Wales.
“I want Wales to continue to develop its strong partnership with India so we can generate more business, education and cultural links,” said Carwyn Jones.
“During my trade mission to India in April I was able to meet with government ministers and private companies to show exactly what Wales has to offer.
“Indian businesses already employ a significant number of people in Wales. From Tata Steel and Tritech to pharmaceutical company Wockhardt UK and financial services company Firstsource, the Welsh-Indian business relationship is already a reality and I want to see it strengthened.”
The British High Commission, New Delhi reported that bilateral trade between the UK and India grew by 26 per cent to £16.4bn in 2011, from £13bn in 2010. UK exports to India grew by 29 per cent in 2011, making India the UK’s largest export market outside of the EU.
The Department of Commerce, New Delhi reported that two-way merchandise trade between the UK and India during 2011-2012 (April-March) stood at US$16.19bn, a growth of 29 per cent from US$12.537bn in 2010-1011.
Carwyn Jones continues, “Holding events such as the Trade Seminar can only further strengthen our links and help our two nations to work together to mutual benefit and ultimately create jobs.”
The SME Business Meet is organised in partnership with the Ministry of Micro, Small and Medium Enterprises (MSME), Government of India and the Welsh Government. Industry partners include the Confederation of Indian Industry (CII).
Delegations will also be led by National Small Industries Corporation (NSIC), Small Industries Development Bank of India (SIDBI) and Engineering Promotion Council of India (EEPC India).
For more information about the meeting on the 27th September contact George Raju, First Secretary in the High Commission firstname.lastname@example.org