With one of the fastest-growing economies in the world, Indian industry associations (such as the Confederation of Indian Industry) and the governmental Ministry of Small and Medium Enterprises are working to deliver growth that is helping both UK-based and Indian owned businesses to increase their operations across the country. Plus, India has the world’s largest pool of young people ready to help deliver this growth.
Many of TWI’s established members, by establishing facilities or partnerships in India, aid this growth, while providing a mutual benefit to both themselves and the aspirations of Indian government and business.
The post-Brexit landscape?
While the UK is the largest single investing nation in India, the forging of new business in countries such as this looks set to become increasingly important in the next few years in the light of Brexit.
The opportunities for British manufacturers in India are abundant and manifest through win-win relationships with Indian partner companies, as well as wholly owned manufacturing facilities in India.
India Manufacturing Summit - 18 July 2017
TWI is sponsoring the India Manufacturing Summit, which will be held in Central London on 18 July, to establish an understanding of major challenges and opportunities in manufacturing sector for companies in India, UK and Europe.
TWI representatives Chris Wiseman and Shiva Sundaram will be presenting TWI's take on what we are witnessing in India. This will include citation of partnerships amongst large enterprises that are pulling in advanced manufacturing technology, and the trickle down effect this is having throughout the economy, the impact on the ambition for indigenous supply chains, and the opportunities this represents for SME’s in Europe, UK and India for mutually beneficial collaboration technically and commercially. The training and technology transfer programmes accompanying industrial collaboration offer younger people, and especially women, a new and liberating opportunity to contribute to and share in the success of 'Make in India'.
For more information, please contact us.