India is going places and one of the places is the UK, said Mr Mark Dolan, deputy director, Inward Investment, to potential Indian investors on Friday.The British Midlands, considered to he a power-house of enterprise in the field of transport technology with established manufacturing bases for Toyota. Peugeot, Ford, Cater-pillar and Nissan among others, is now actively seeking Indian investment.
"We are looking to attract overseas investment into the country. The rail traffic in the UK is expected to grow in the coming years and the British Midlands is uniquely placed to offer the skills needed to design, build and run a modern transportation network. Additionally, with the country becoming an important player in global manufacturing, India would need to work in the same time zone and also meet with their global customers from time to time. The Midlands also offers access to the European market," said Ms Nicola Kidd, head, International Investment, The British Midlands.
The seminar also focused on Midlands aerospace, automobile and fuel cell industry, with a special focus on satellite navigation and the Gallileo project which had a project value of £10 billion and the potential to create 140,000 jobs across Europe and open the doors for Indian business opportunities.There are currently more than 500 Indian companies with a base in the UK and Indian investments account for the eighth-largest source of FDI into the country.
"We are looking to attract overseas investment into the country. The rail traffic in the UK is expected to grow in the coming years and the British Midlands is uniquely placed to offer the skills needed to design, build and run a modern transportation network. Additionally, with the country becoming an important player in global manufacturing, India would need to work in the same time zone and also meet with their global customers from time to time. The Midlands also offers access to the European market," said Ms Nicola Kidd, head, International Investment, The British Midlands.
The seminar also focused on Midlands aerospace, automobile and fuel cell industry, with a special focus on satellite navigation and the Gallileo project which had a project value of £10 billion and the potential to create 140,000 jobs across Europe and open the doors for Indian business opportunities.There are currently more than 500 Indian companies with a base in the UK and Indian investments account for the eighth-largest source of FDI into the country.