UK India Business Council
Non-profit | |
Founded | 1993 as Indo-British Partnership; 2007 as UK India Business Council |
Headquarters |
Millbank Tower, 21-24 Millbank London SW1P 4QP, London, United Kingdom[1] |
Key people | Patricia Hewitt (Chairman), Richard Heald (CEO) |
Services |
Information Products Relationship Management Client Representation Consulting |
Website | www.ukibc.com |
The UK India Business Council (UKIBC) is a membership-based, non-profit organisation founded in 2007 to foster trade and business relations between the United Kingdom and India.[2] The organisation works with businesses in both countries, as well as the UK and Indian governments, to promote and increase bilateral trade. The UK India Business Council supports UK businesses with the insights, networks, policy advocacy, services, and facilities needed to succeed in India.
They help UK companies achieve success whether they are well-established in India or in the early stages of their engagement.
Working with the UK Government and other influential and connected partners, they ensure business interests are conveyed to India’s Union and State legislators. The UK India Business Council seek to influence decisions that will make it easier for UK businesses to operate in India.
For those seeking practical advice, their team provide a range of sector-specific research, market entry and expansion services that help businesses understand – and take – the opportunities.
For those setting up operations in India, they provide a home-away-from-home with a network of UKIBC Business Centres in major cities, and an unrivalled network of government and business contacts, service providers, and our specialist staff to support business success.
Their membership network is at the heart of their support. Through a wide variety of events and member-only Sector Policy Groups, they enable businesspeople to meet each other, identify potential partners, suppliers and customers, and to learn from top business leaders and commentators, including those on the Advisory Council.
UKIBC is a sister organisation to the UK-ASEAN Business Council
The UK India Business Council is the sole accredited UK Government Overseas Business Network Initiative provider for India. UKIBC is accredited by British Chambers of Commerce and works in partnership with UK Trade & Investment.
History
UKIBC has its origins in the Indo British Partnership (IBP) initiative, signed by then Prime Ministers John Major and P. V. Narasimha Rao in 1993.[3] In 2005 this evolved into a private limited company called the 'Indo British Partnership Network (IBPN). With the UKIBC receiving increased investment in 2007 from UK Trade & Investment under direction from then UK Chancellor Gordon Brown, Sharon Bamford was appointed CEO to oversee the transition of the organisation.[4]
The Rt Hon Patricia Hewitt has been Chair of the UK India Business Council since 2009. Lord Karan Bilimoria, is the founding Chairman of the UK-India Business Council.
Organisation and Leadership
In 2010, Richard Heald, former Vice-President of the Indian arm of N M Rothschild & Sons was appointed the new CEO of the organisation.[5]
UKIBC currently deals with nine major sectors, namely:[6]
- Advanced Engineering and Manufacturing
- Digital Innovation
- Energy
- Financial, Legal and Professional Services
- Infrastructure
- Life Sciences and Healthcare
- Retail, Lifestyle and Logistics
- Skills and Education
- Sports
Facilities
Business Centers
UKIBC provides business centers[7] in New Delhi, Gurgaon, Bangalore and Mumbai.
Market Entry
UKIBC provides sector-specific research and market entry-related services to help British companies understand the opportunities and make informed choices about their investment
Strategic partners
The UKIBC is partnered with major following companies[8] -
- UK Trade & Investment
- Standard Chartered[9]
- PricewaterhouseCoopers [10]
- Barclays
- British Airways
- BT
- Cipla
- Dell
- Diageo
- HSBC
- Tata
- AgustaWestland
See also
- British Business Groups (BBG)
References
- ↑ "Contact Us: UKIBC". UKIBC. Retrieved 14 July 2015.
- ↑ UKIBC Website
- ↑ House of Commons, - Trade and Industry - Written Evidence
- ↑ Free Online Library, "Appointment of Sharon Bamford"
- ↑ Silicon, India, "Appointment of Richard Heald"
- ↑ "Key Sectors Gateway: UKIBC". UKIBC. Retrieved 14 July 2015.
- ↑ https://www.ukibc.com/centres/
- ↑ "UK India Business Council Members". UKIBC. Retrieved 14 July 2015.
- ↑ UKIBC Standard Chartered
- ↑ UKIBC PwC
External links
Others
- UKIBC introduces a new market entry service 'Launchpad'
- Maharashtra govt inks MoU on ‘ease of doing biz’ with UKIBC
- UK set to invest millions in CSR in India Economic Times, 2013