West Midlands Delegation to visit India to boost mutual trade and investment : vimarsana.com

West Midlands Delegation to visit India to boost mutual trade and investment

Mumbai (Maharashtra)/New Delhi [India], October 27 (ANI/BusinessWire India): Building on the ongoing negotiations for a new Free Trade Agreement (FTA), a trade mission formed of business and political leaders from the UK's West Midlands is announced to take place between 6th-12th November. The delegation, led by West Midlands Mayor Andy Street, will visit Chennai, Hyderabad, Mumbai, and Delhi to promote opportunities for bilateral trade and investment between India, the West Midlands, and the wider UK. The trade mission seeks to cement existing economic ties between India's sub-regions and the West Midlands. Senior representatives will explore potential partnerships in areas including emerging digital technologies, low carbon mobility and data-driven healthcare, with the common objective of creating more prosperous communities in both the UK and in India. The West Midlands Growth Company (WMGC) and partners including the Foreign, Commonwealth & Development Office (FCDO), have organised a series of meetings and events which will bring together senior figures from leading Indian businesses. These include multinational manufacturer Tata Group, motorcycle manufacturer TVS, automotive manufacturing group Mahindra & Mahindra, low carbon transport manufacturer Switch Mobility, business service provider Firstsource and Air India. The UK delegation will visit a number of key industry hubs, including Hyderabad-based T-Hub and the Bombay Stock Exchange (BSE). Alongside Mayor Andy Street, the delegation will be led by Councillor Ian Brookfield, Leader of Wolverhampton City Council and include senior representatives from the West Midlands Growth Company (WMGC); the Department for International Trade (DIT); the University of Birmingham; Warwick Manufacturing Group; Birmingham Airport; Birmingham City University; Bruntwood; Kagool; Birmingham Repertory Theatre, the Manufacturing Technology Centre and the British Kabaddi League. The delegation will be supported on the ground by Alan Gemmell, His Majesty's Trade Commissioner for South Asia and the British Deputy High Commissioner for Western India; Alex Ellis, British High Commissioner; and Gareth Wynn Owen, Deputy High Commissioner in Hyderabad. With a 'living bridge' of nearly 200,000 ethnic Indians living and working in the region, the West Midlands and India already enjoy a strong relationship, rooted in a shared cultural heritage and strong economic links. India is the UK's second largest source of investment in terms of number of projects, and the West Midlands represents a significant portion of Indian FDI into the UK, with 57% of Indian investment into the UK in 2020 located in the West Midlands. The region has already attracted some of India's biggest companies, including Tata Motors, State Bank of India, Infosys, OLA, Enzen Global, Suprajit Group, Elder Pharmaceuticals, Microland, BSA, Switch Mobility and Firstsource. Andy Street, Mayor of the West Midlands, said: "As the UK seeks to deepen its relationship with India via a new Free Trade Agreement, we look forward to dovetailing with this national push by going out to India to 'bang the drum' for the West Midlands. It will be a fantastic opportunity to engage with the Indian business community to showcase just why the West Midlands is the ideal investment destination for their high growth companies." "Across automotive, manufacturing and technology - helped by our world class R&D infrastructure, industrial ecosystem, and specialist talent base - there is tremendous potential for the West Midlands and India to collaborate even more closely to advance innovation for the benefit of both our societies and economies." Cllr Ian Brookfield, City of Wolverhampton Council Leader, said: "The City of Wolverhampton and India have a long track record of collaboration, working closely together over the past decade to boost two-way investment, explore new opportunities around shared areas of strength and promote each other's respective business interests. Indian-owned companies represent some of the largest businesses in Wolverhampton, from Jaguar Land Rover to Tata Steel, and our cultural ties run deep - most recently demonstrated through the launch of the British Kabaddi League in Wolverhampton. The West Midlands India Partnership is a bedrock on which this visit will build, as we seek to enhance our bilateral relations even further." Alan Gemmell, His Majesty's Trade Commissioner for South Asia, said: "Trade between the UK and India is already worth over Pound 24bn, which supports nearly half a million jobs in each other's economies - many of those in the West Midlands. I'm delighted that Mayor Andy Street is visiting India to deepen links with top Indian investors and to find more opportunities for great firms from the West Midlands to export to India, creating jobs and growth in both countries." This trade mission has been organised as part of the Birmingham 2022 Commonwealth Games Business and Tourism Programme (BATP), which will build on the profile created by the Commonwealth Games to attract visitors, trade, events and investment into Birmingham, the West Midlands and the UK from nations and territories across the Commonwealth, including India. With an economy worth Pound 105bn, the West Midlands region includes three thriving cities - Birmingham, Coventry and Wolverhampton, with Birmingham home to more international companies than any other major English city outside London. In 2019, the West Midlands generated an export value of Pound 32 billion - the largest region by value outside of London and the South-East of the UK. BATP is sponsored by Airbnb, Dettol, Bruntwood, E.ON, Gowling WLG, University of Birmingham and Lendlease. Ends Notes to editors Indian investors in the West Midlands - case studies: Tata Motors - India's largest automobile company and owner of JLR Tata Motors, India's largest vehicle manufacturer, acquired British company Jaguar Land Rover in 2008. Headquartered in Coventry, UK, Jaguar Land Rover has firmly established the West Midlands as the engine of its operations, through a network of production units and research facilities. Jaguar Land Rover recently announced its new global strategy, Reimagine, a sustainability-rich reimagination of modern luxury, unique customer experiences, and positive societal impact. It marks the start of the company's journey to become a net zero carbon business by 2039. Jaguar will be reimagined as an all-electric luxury brand from 2025 and Land Rover will welcome six pure electric variants over the next five years, as it continues to be the world leader in luxury SUVs. All Jaguar and Land Rover nameplates will be available in pure electric form by the end of the decade. TVS Motors - acquired iconic British motorcycle brand Norton January 2021 saw Indian manufacturer TVS Motors announce a multi-million investment to relocate the UK headquarters of subsidiary Norton Motorcycles to a new state-of-the-art facility in Solihull, West Midlands. The investment followed prior acquisition of the iconic British motorcycle marque by TVS Motors in April 2020. The premises will be the most advanced and modern plant for Norton in its 122-year history, and the central hub of the brand's operations. Providing a permanent base for all staff, the new headquarters will be home to design, engineering, purchasing, sales, marketing, and support teams as well as the skilled production team that is resuming manufacture of motorcycles. The company's decision was inspired by the region's internationally renowned cluster of automotive expertise, which is responsible for a third of all production in the UK. MicroLand - India's leading digital IT transformation company Microland opened a new state-of-the-art European Shared Services headquarters in Birmingham in 2020 to serve its growing client base across the continent. Headquartered in Bengaluru, India, the facility marked the company's second investment in the region in two years. In 2018, Microland created a digital hub in Longbridge - a

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Between 6th 12th November Delegation , Ed By West Midlands Mayor Andy Street , Ill Visit Chennai , Yderabad , Umbai , Nd Delhi To Promote Opportunities For Bilateral Trade And Investment Between India , He West Midlands , Nd The Wider Uk Trade Mission Seeks To Cement Existing Economic Ties Between India 39s Sub Regions And West Midlands Senior Representatives Will Explore Potential Partnerships In Areas Including Emerging Digital Technologies , Ow Carbon Mobility And Data Driven Healthcare , Ith The Common Objective Of Creating More Prosperous Communities In Both Uk And India West Midlands Growth Company Wmgc Partners Including Foreign , Ommonwealth Amp Development Office Fcdo , Ave Organiseda Series Of Meetings And Events Which Will Bring Together Senior Figures From Leading Indian Businesses These Include Multinational Manufacturer Tata Group , Otorcycle Manufacturer Tvs , Utomotive Manufacturing Group Mahindra Amp , Ow Carbon Transport Manufacturer Switch Mobility , Usiness Service Provider Firstsource And Air India The Uk Delegation Will Visita Number Of Key Industry Hubs , Ncluding Hyderabad Basedt Hub And The Bombay Stock Exchange Bse Alongside Mayor Andy Street , He Delegation Will Be Led By Councillor Ian Brookfield , Eader Of Wolverhampton City Council And Include Senior Representatives From The West Midlands Growth Company Wmgc Department For International Trade Dit University Birmingham Warwick Manufacturing Group Airport Bruntwood Kagool Repertory Theatre , He Manufacturing Technology Centre And The British Kabaddi League Delegation Will Be Supported On Ground By Alan Gemmell , Is Majesty 39s Trade Commissioner For South Asia And The British Deputy High Western India Alex Ellis , Ritish High Commissioner And Gareth Wynn Owen , Eputy High Commissioner In Hyderabad Witha 39 Living Bridge Of Nearly 200 , 000 Ethnic Indians Living And Working In The Region , He West Midlands And India Already Enjoya Strong Relationship , Ooted Ina Shared Cultural Heritage And Strong Economic Links India Is The Uk 39s Second Largest Source Of Investment In Terms Number Projects , Nd The West Midlands Representsa Significant Portion Of Indian Fdi Into Uk , Ith 57 Of Indian Investment Into The Uk In 2020 Located West Midlands Region Has Already Attracted Some India 39s Biggest Companies , Ncluding Tata Motors , Tate Bank Of India , Nfosys , La , Nzen Global , Uprajit Group , Icroland , Sa , Witch Mobility And Firstsource Andy Street , Ayor Of The West Midlands , Aid Quot As The Uk Seeks To Deepen Its Relationship With India Viaa New Free Trade Agreement , E Look Forward To Dovetailing With This National Push By Going Out India 39 Bang The Drum For West Midlands It Will Bea Fantastic Opportunity Engage Indian Business Community Showcase Just Why Is Ideal Investment Destination Their High Growth Companies Quot Across Automotive , Anufacturing And Technology Helped By Our World Classr Ampd Infrastructure , Ndustrial Ecosystem , Nd Specialist Talent Base There Is Tremendous Potential For The West Midlands And India To Collaborate Even More Closely Advance Innovation Benefit Of Both Our Societies Economies Quot Cllr Ian Brookfield , Ity Of Wolverhampton Council Leader , Aid Quot The City Of Wolverhampton And India Havea Long Track Record Collaboration , Orking Closely Together Over The Past Decade To Boost Two Way Investment , Xplore New Opportunities Around Shared Areas Of Strength And Promote Each Other 39s Respective Business Interests Indian Owned Companies Represent Some The Largest Businesses In Wolverhampton , Rom Jaguar Land Rover To Tata Steel , Nd Our Cultural Ties Run Deep Most Recently Demonstrated Through The Launch Of British Kabaddi League In Wolverhampton West Midlands India Partnership Isa Bedrock On Which This Visit Will Build , S We Seek To Enhance Our Bilateral Relations Even Further Quot Alan Gemmell , Is Majesty 39s Trade Commissioner For South Asia , Aid Quot Trade Between The Uk And India Is Already Worth Over Pound 24bn , Hich Supports Nearly Halfa Million Jobs In Each Other 39s Economies Many Of Those The West Midlandsi 39m Delighted That Mayor Andy Street Is Visiting India To Deepen Links With Top Indian Investors And Find More Opportunities For Great Firms From Midlands Export , Reating Jobs And Growth In Both Countries Quot This Trade Mission Has Been Organised As Part Of The Birmingham 2022 Commonwealth Games Business Tourism Programme Batp , Hich Will Build On The Profile Created By Commonwealth Games To Attract Visitors , Rade , Vents And Investment Into Birmingham , He West Midlands And The Uk From Nations Territories Across Commonwealth , Ncluding India With An Economy Worth Pound 105bn , He West Midlands Region Includes Three Thriving Cities Birmingham , Oventry And Wolverhampton , Ith Birmingham Home To More International Companies Than Any Other Major English City Outside London In 2019 , He West Midlands Generated An Export Value Of Pound 32 Billion The Largest Region By Outside London And South East Uk Batp Is Sponsored Airbnb , Ettol , Bruntwood , E On , Owling Wlg , Niversity Of Birmingham And Lendlease Ends Notes To Editors Indian Investors In The West Midlands Case Studies Tata Motors India 39s Largest Automobile Company Owner Jlr , Ndia 39s Largest Vehicle Manufacturer , Cquired British Company Jaguar Land Rover In 2008 Headquartered Coventry , K , Aguar Land Rover Has Firmly Established The West Midlands As Engine Of Its Operations , Hrougha Network Of Production Units And Research Facilities Jaguar Land Rover Recently Announced Its New Global Strategy , Eimagine , A Sustainability Rich Reimagination Of Modern Luxury , Nique Customer Experiences , Nd Positive Societal Impact It Marks The Start Of Company 39s Journey To Becomea Net Zero Carbon Business By 2039 Jaguar Will Be Reimagined As An All Electric Luxury Brand From 2025 And Land Rover Welcome Six Pure Variants Over Next Five Years , S It Continues To Be The World Leader In Luxury Suvs All Jaguar And Land Rover Nameplates Will Available Pure Electric Form By End Of Decade Tvs Motors Acquired Iconic British Motorcycle Brand Norton January 2021 Saw Indian Manufacturer Announcea Multi Million Investment Relocate Uk Headquarters Subsidiary Motorcycles Toa New State Art Facility Solihull , Est Midlands The Investment Followed Prior Acquisition Of Iconic British Motorcycle Marque By Tvs Motors In April 2020 Premises Will Be Most Advanced And Modern Plant For Norton Its 122 Year History , Nd The Central Hub Of Brand 39s Operations Providinga Permanent Base For All Staff , He New Headquarters Will Be Home To Design , Ngineering , Urchasing , Ales , Arketing , Nd Support Teams As Well The Skilled Production Team That Is Resuming Manufacture Of Motorcycles Company 39s Decision Was Inspired By Region Internationally Renowned Cluster Automotive Expertise , Hich Is Responsible Fora Third Of All Production In The Uk Microland India 39s Leading Digital It Transformation Company Openeda New State Art European Shared Services Headquarters Birmingham 2020 To Serve Its Growing Client Base Across Continent Headquartered Bengaluru , He Facility Marked The Company 39s Second Investment In Region Two Years 2018 , Icroland Createda Digital Hub In Longbridge A ,

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