British Dy PM unveils UKIBC centre in B'lore

British Dy PM unveils UKIBC centre in B'lore

UK is currently the biggest investor in India among the G20 countries.

Showering accolades on the technology prowess and startup ecosystem prevalent in Bangalore, British Deputy Prime Minister Nick Clegg inaugurated the UK India Business Council’s (UKIBC) Bangalore centre on Wednesday.

“This centre will be an invaluable resource for any UK company looking to realise their full potential in this incredible market. It will bring together the very best expertise and business support under one roof,” he said.


Clegg praised the Indian voters who brought about a regime change in the country with their aspiration for change. “It is a recipe for change. Besides having long historical ties, UK is currently the biggest investor among the G20 countries,” he said. “Joining hands of these two great countries will bring out pathbreaking products and services for billions of people,” he said.


The centre will deliver a range of services and policy advice to build trade and investment ties between the UK and South India. It will assist UK companies to connect with local businesses keen to work with British companies.


Besides providing support, advice and networking for UK businesses across sectors, UKIBC’s Bangalore centre will impart focus on tech-rich sectors.

TechHub

The UKIBC Bangalore centre will also host TechHub, the UK headquartered international startup network, which will give a unique co-working environment to catalyse technology startups.

Addressing the gathering, TechHub Global Project Director Andrew Tibbitts said, “Our mission is to bridge the physical distance between each TechHub and give our startup members and corporate partners access to the brightest minds and ideas in the field.”

“If a company isn't taking advantage of the Indian market, they're missing out on one of the largest emerging technology markets in the world and the incredible R&D experience and innovation possibilities it affords,” he said.

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