UK to showcase products at TN global investors meet

UK to showcase products at TN global investors meet

Our Bureau

The UK is a major part of the Tamil Nadu success story and the GIM gives an opportunity to showcase this.

Chennai, September 7:

The UK will showcase the best of British products, services and technologies at the Global Investor Meet being organised by the Tamil Nadu Government.

Nicola Bolton, Managing Director (Global Trade Operations), UK Trade & Investment, London and Bharat Joshi, British Deputy High Commissioner in Chennai, will lead the British business delegation to the meet to be held on September 9 and 10 at the Chennai Trade Centre, said a release from British Deputy High Commission. The UK is a partner country at the meet.

Bolton said, “The UK is delighted to be partner country for the first-ever GIM. The UK remains by far the largest G20 investor in India. Our trade with India continues to grow despite global economic fragility and rose to £15.8 billion (Rs. 160,000 crore) in 2014. Last year we invested $1.89 billion (Rs. 12,500 crore) in India, while India’s foreign direct investment projects into the UK grew 65 per cent, more than the rest of the EU combined.”

Joshi said the UK is a major part of the Tamil Nadu success story and the GIM gives an opportunity to showcase this. At the UK Country Session, he will announce UK business successes and new UK partnerships and investments in the State.

At the UK pavilion there will on display the Optare Versa electric bus – they are the largest suppliers in the UK. JLR will display its recently-launched Discovery Sport, and Triumph its cruiser bikes Rocket III, Thunderbird LT and Tiger XRx, the release said