Financial Daily from THE HINDU group of publications
Tuesday, Jun 14, 2005
Financial Daily from THE HINDU group of publications Tuesday, Jun 14, 2005 |
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Industry & Economy
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Foreign Trade UK trade team to woo Hyderabad industrialists Our Bureau
Hyderabad , June 13 IN a reversal of trend, the United Kingdom Trade and Investment (UKTI), is all set to target corporates, especially from Hyderabad to lure them to set up operations back home in the UK. Mr Mark Dolan, the Deputy Head of Investment for India, will hold an interactive workshop with the city's leading industrialists on June 16, in this direction, according to the UK information Division in Chennai. He would lead a team from UKTI and make a presentation on why India, which have already over 480 companies in the UK is the second biggest investor from Asia, and why companies from Hyderabad could find global success by choosing UK. Ms Rachel Eccleston, a Corporate Advisory Consultant, based in Mumbai, would be the key speaker addressing issues on global partnership and procedures in setting up an office etc. The UKTI, a Government organisation that supports both the UK companies trading internationally and overseas enterprises seeking to locate in the UK, would present a "start-to-finish", perspective of its role in assisting Indian inward investors. About 10,000 Indian-owned businesses, including 140 multinational companies operate from London alone and employ 49,000 people.
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