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Rediff.com  » Business » CII team to visit UK from July 24

CII team to visit UK from July 24

Source: PTI
June 22, 2007 14:18 IST
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A 12-member CII delegation will visit the United Kingdom from June 24 to explore investment opportunities and strengthen Indo-UK trade, besides holding discussions on climate change.

During the two-day visit, the delegation headed by CII President Sunil Bharti Mittal is scheduled to meet key people such as UK Secretary of State for Health and Environment and interact with industry captains, including Vodafone Chairman Arun Sarin, British Airways Chairman Martin Broughton and Rolls Royce Chief Executive Sir John Rose.

It would also host a dinner in London, which is expected to be attended by Finance Minister P Chidambaram, CII said in a release.

"UK and India are critical for each other. One of the

ways that CII reflects this is by taking the annual CII CEOs Mission to the UK, led traditionally by the CII President," the chamber said.

CII has been taking CEOs mission to the UK and this year's mission would call on prominent thought leaders, opinion makers, parliamentarians and government officials in the UK, it added.

Strong ties with the UK is beneficial for India, given its political and cultural background, substantial economic linkages and a large community of people of Indian origin living in that country, CII said.

Presently Indo-UK trade is approximately 8 billion pounds and after recent acquisitions by some domestic companies, India has emerged as the second largest investor in the UK in last 12 months.

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