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UK Keen on Biz Tie-up with India

Published: 17th July 2014 08:36 AM  |   Last Updated: 17th July 2014 08:36 AM   |  A+A-

BHUBANESWAR: UK is keen on drawing Indian investors for expanding their business in education, healthcare, manufacturing, telecom, IT and hospitality service sectors. The UK Trade and Investment (UKTI), in association with Confederation of Indian Industries (CII), Odisha, hosted a session on facilitating business expansion for investors here on Wednesday.

Addressing the event Sandip Chaudhuri, Trade and Investment Advisor, UKTI said, such setups will aide creative skill enhancement of its employees back home, besides creating business opportunities.

One among every seven new business setup in UK is owned by a migrant and more than 700 such companies, employing more than one lakh employees, mentioned Chaudhuri.

Speaking on the occasion, Director, UK Elite, Navinder Pal Singh said the sovereignty of its currency, allows UK a flexibility to endure an economic recession, as compared to other European nations. “This ensures stability to the business of young entrepreneurs during a meltdown,” said Singh.     



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