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UK to build stronger ties with India in defence and aerospace news
16 September 2009

Britain's trade, investment and business minister, Lord Mervyn Davies is currently on a four-day visit to India to look at ways to enhance ties between both countries in the defence and aero-space technology sectors.

On the eve of his visit, Davies said "UK and India stand shoulder-to-shoulder in this new millennium and will explore all avenues to have greater tie-ups in defence technology and aero-space."

Davies will also visit Nagpur, an emerging new aerospace hub, as well as Mumbai and Delhi.

Davies will visit Nagpur to support a delegation of British businesses led by the UK India Business Council (UKIBC), headed by former minister Patricia Hewitt. The delegation will include chiefs of companies from urban infrastructure, town planning, mining, energy, legal, financial, construction, water, power, education and brand marketing sectors.

The UKIBC hopes to make a head start at Nagpur, making British businesses grow with the city and thus stay ahead of the competition.

Davies' visit is likely to result in a follow-up visit from India later this year.

 ''India is on the move and we must move with it,'' said Davies Sunday.

''Innovative Indian and UK firms are now working together at the top end of the industrial spectrum - on pharmaceuticals, electronics and advanced manufacturing. India's talent, confidence, energy and entrepreneurial spirit is for the world to see and experience,'' he said.

''The UK and India stand shoulder to shoulder in a new millennium. In forums such as G20, we are promoting global trade and economic liberalisation, which is vital to bring prosperity and jobs to millions in both our countries and around the world,'' he added.

India is the second largest investor in the UK, next only to the US.

The bilateral trade last year crossed 12 billion pounds and Indian companies, numbering over 75, created about 4,000 jobs in the UK.


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UK to build stronger ties with India in defence and aerospace