UK, India to focus on stronger commercial collaboration
New Delhi, Feb 8 (IBNS): The UK and India will seek to develop closer links in the biotech and health sectors during the first trade trip to India by Dominic Jermey, who took over as Chief Executive of UK Trade & Investment last year.
His visit will cover Bangalore, Mumbai and New Delhi from Feb 9 to 11, during which time he will meet key government and business representatives with the aim of strengthening existing collaborations and exploring new business opportunities.
Jermey will meet a delegation of the UK’s top biotech and health companies working in oncology, drug discovery, regulatory compliance, IP, formulations, molecular diagnostics and medical devices.
Jermey’s visit builds on the visit by the UK’s Minister for Trade and Investment, Lord Livingston, who led one of the largest business delegations participating in the Vibrant Gujarat Summit, last month.
The new year also saw the launch of a ‘GREAT Collaborations’ campaign to showcase and promote collaborations of mutual benefit to India and the UK across a range of sectors, such as energy, healthcare, advanced manufacturing, financial services and infrastructure. The campaign complements Prime Minister Modi’s ‘Make in India’ campaign.
In Bangalore, Jermey will participate in Bangalore India Bio, India’s flagship biotech conference, which brings together stakeholders in the field of biotechnology. At the conference, Mr Jermey will meet Karnataka Chief Minister Siddaramaiah and key state government officials. He will also meet Infosys co-founder and ex-chairman NR Narayana Murthy in Bangalore.
In Mumbai, his focus will be on strengthening links between UK and Indian businesses. He will meet top representatives from Tata, RelianceADA Group, Lodha Group, and Mahindra Partners.
In New Delhi, he will call on officials at the Ministry of Commerce and Industry and follow up on the UK/India Joint Economic and Trade Committee (JETCO) meeting held in London this January. He will also meet UK investors in India and top Indian business representatives from HCL, Tech Mahindra and Wipro to better understand the opportunities and challenges in India and encourage further inward investment in the UK.
Dominic Jermey said, “These are exciting times for businesses in India. The UK, as the biggest G20 investor country in India, is keen to further strengthen bilateral trade ties. Prime Minister Modi has rightly called the UK-India partnership an ‘unbeatable combination’, there is so much the UK and India can achieve together. During my visit to India, I am looking forward to discussing opportunities for further collaboration with government and industry leaders to achieve our joint ambition of making ‘GREAT’ things together.”
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