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Seminar on 'Why Make in India'

The High Commission of India jointly with the UK India Business Council (UKIBC) conducted a seminar on ‘Why Make in India’ in London on 24th March 2016. The targeted sectors during the event were: Aerospace, Defence, Automotive, Technology Collaboration and R&D in advance engineering. Life Sciences, Healthcare, Infrastructure and IT were also touched upon.

Deputy High Commissioner Dr Virander Paul addressed the business gathering emphasising the growing attractiveness of the Indian market and the upbeat sentiments surrounding the recently presented Budget in India.

The other panellists during the occasion were:

(i)                 Mr Steve Kilvington, Director SE Asia & India, BAE Systems, spoke about their engagements in India, and how a single window for clearances would be helpful for business opportunities in India.

(ii)               Mr Philip Bouverat, Director, JCB, highlighted about the opportunities in India, the success story of the JCB in India, and that investors should look at long term investments in India.

(iii)             Mr Christoph Wiesner, CEO, TWI presented case studies and spoke positively about their experiences of doing business in India.

(iv)             Mr Richard Heald, CEO UKIBC focused on the growth rate in India, on-going reforms, e-governance, transparency, flagship programmes of the Government of India. He also commented on the recent Budget and how rural infrastructure has been well-taken care of, and there should be relief for the corporate tax front.

The panellists emphasised on the advantages of the Government of India’s Make in India initiative and how UK companies stand to benefit from it. Mr Richard Heald, CEO of UK India Business Council (UKIBC) spoke on ‘India Engagement’. He also highlighted the demographic dividend, broad and vibrant middle class in India.

Smt T Ajungla Jamir, First Secretary (Economic) made a detailed presentation on ‘Make in India’ and other GoI’s flagship programmes.

The panel discussion was followed by a Q&A session. The event was well attended by more than 65 senior level representatives from the UK businesses and corporate houses.

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Apr 12, 2016
 
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