Opportunities for UK Businesses to Invest in India - 6th March, 2024

On March 6th, 2024, Consulate General of India, Birmingham hosted a vibrant business event, "Opportunities for UK Businesses to Invest in India," aimed at fostering bilateral collaboration and exploring dynamic investment prospects. The event was marked by a warm welcome from the Head of Commerce, Consul Commerce, Mr. Aman Bansal, setting an enthusiastic tone for the day's discussions. The event commenced with the announcement of India's impressive GDP growth of 8.4% in Q3 2023-24, signaling an unstoppable growth trajectory. Consul General Dr Venkatachalam Murugan shared insights into the evolving landscape of India-UK business relations, highlighting a partnership poised for growth and innovation. Dr. Venkat emphasized the transformative power of streamlined processes and collaboration in driving economic growth. The Midlands & North England businesses were invited to witness India's industrial potential firsthand under the visionary PM Gati Shakti initiative, aimed at sustainable development.

Joined us virtually, Shri Balamurugan Devaraj Joint Secretary Department for Promotion of Industry and Internal Trade, Government of India remarked 'India's commitment to fostering investment shines bright with a bouquet of initiatives! From streamlining regulations to nurturing startups and fortifying infrastructure, each step fuels a thriving investment ecosystem'.

Mr. Abhishek Chaudhary, VP National Industrial Corridor Development Corporation Limited shed light on key sectors ripe for UK investment, unlocking India's industrial potential with NICDC's visionary approach. Through NICDC, India is crafting next-gen cities poised for global competitiveness, boasting seamless connectivity and sustainable infrastructure, shaping tomorrow's manufacturing hubs.

The event facilitated insightful discussions among distinguished CEOs and representatives from Midlands & North England, covering sectors such as Financial Services, Digital Tech, and Life Sciences. Attendees gained a comprehensive overview of India's thriving investment landscape, fostering mutual prosperity.