Region’s firms urged to "rethink" India

NORTH West firms are being urged to tap into the Indian market and take advantage of its huge growth potential.

Trade, Investment and Business Minister Lord Davies of Abersoch is calling on companies to follow the example of companies such as North West based HMG Paints which used UK Trade & Investment’s services to set up a successful joint venture with India’s Titan Paints.

He said: “India is on the move and we must move with it.

“It’s been over a decade since outsourcing was the buzzword. Now innovative Indian and UK firms are working together at the top end of the industrial spectrum – on pharmaceuticals, electronics and advanced manufacturing. India’s talent, confidence, energy and entrepreneurial spirit must be seen to be believed.”

Lord Davies will visit India from 14 to 17 September. Ahead of the G20 meeting in Pittsburgh, he will discuss trade with his ministerial counterparts.