The time for trade is ripe #IndiaTrade

Published: 2 December 2016

The European Company mission to India presented an unrivaled opportunity to forge and expand trade links into India’s economy last week. Led by Vijay Goel of the London Chamber of Commerce and Industry, the mission showcased India’s thriving economy to 27 organisations from four different countries.

Business leaders from the UK, Italy, Lithuania and Greece attended a series of networking events and B2B meetings throughout the week. From India, delegates convened from multiple sectors including Industry, Finance, Media, Tourism and Health. This comprehensive visit saw delegates introduced to key business contacts, and briefed by government officials and business support organisations in Mumbai, Bangalore and Delhi. 

Senate Publishing’s Chairman, Lord David Evans was delighted to attend the mission. He comments, "Given recent political shudders through the global economy in 2016, I believe now is a vital time to facilitate and champion trade. India’s economy is going from strength to strength, we must seize all opportunities to safeguard the economic health and stability of our partner nations."

Recent trade figures certainly echo Lord Evan’s sentiment. UK/India bilateral trade in goods and services was worth £18.94 billion in 2014 alone. Trade turnover to Lithuania has increased by an impressive 1.6 times since 2014. Throughout India, personal incomes are rising, new cities are emerging and their youth population is amongst the largest in the world. Arguably, the time for increased trade is ripe.

Other stakeholders included IMC Chamber of Commerce and Industry, BSE India and ASSOCHAM. Lord David Evans on behalf of Senate Publishing would like to send his sincere gratitude to the everyone in attendance for what was a truly valuable experience.

Senate Publishing will publish UK-India: The Post Brexit Partnership in May 2017. The title will celebrate 70 years of independence, as well as the exciting and evolving trade and investment opportunities post Brexit. UK-India: The Post Brexit Partnership will be digitally distributed to over 500,000 business people. A further 20,000 hard copies will reach key decision makers in both countries. To find out more about the title, click here.