Wednesday, August 27, 2014

UK Deputy PM @nick_clegg unveils @UKIBC centre in #Bangalore

British Deputy Prime Minister Nick Clegg inaugurated the UK India Business Council’s (UKIBC) Bangalore centre on Wednesday.Speaking on the launch, Nick Clegg said, "I'm delighted to be opening this new UK India Business Centre in Bangalore - one of the fastest growing and most enterprising cities in the world. This centre will be an invaluable resource for any UK company looking to realise their full potential in this incredible market: bringing together the very best in market expertise and business support under one roof."
Addressing the gathering, Andrew Tibbitts, Global Project Director, TechHub said; "Part of our mission is to bridge the physical distance between each TechHub and give our startup members and corporate partners access to the brightest minds and ideas in the field. If a company isn't taking advantage of the Indian market, they're missing out on one of the largest emerging technology markets in the world and the incredible R&D experience and innovation it affords. Every company should have a position on India, and we're delighted to foster closer UK/Indian relationships."
At 12,600 square feet, the UK India Business Centre in Bangalore is currently the UK India Business Council's largest in India. Already operating from the centre are British Airways, the UK trade body Aerospace & Defence Security Systems, CDC, and TechHub Bangalore. In addition, the UKIBC has signed an MoU with TiE Bangalore to leverage the UKIBC's Centre in Bangalore, its membership in India, and the UK and TiE's extensive network, membership and reputation in Bangalore and to promote entrepreneurship between the UK and India. Earlier today, the UKIBC signed an MOU with the British Business Group, Bangalore.
T.V. Mohandas Pai, member of the UKIBC Advisory Council, said; "The UK India Business Council's Centre at Bangalore is a great initiative which will build deeper business relationships between Karnataka and the UK. In this globalized era we need initiatives like this to increase the velocity of business, build new business, improve knowledge of markets and bring people together. A clear win-win for Bangalore, Karnataka and the UK".
Speaking on the occasion, Richard Heald, CEO, UKIBC said; "The new UK India Business Council Centre in Bangalore, with the support of our partners, will help turn challenges into economic opportunities for entrepreneurs in the technology sector and in other sectors too. Companies in India, specifically in and around Bangalore have the skills and experience to innovate and find technological solutions to meet global needs. We will work with them to make this happen. At the UK India Business Council, we are stressing to UK businesses Bangalore's technology, R&D and entrepreneurial excellence. This, naturally, includes startups and high-potential SMEs, which are critical for the health of a tech-rich ecosystem.