UK Trade and Investment (UKTI)and Tata Management Training Centre (TMTC) have joined hands to launch 'Doing Business in India', a joint mentoring and partnership programme for UK SMEs.
This will focus on three high-tech sectors: next-gen software industry, mobile and digital networks and green power / sustainable energy. The programme will include visits to relevant Tata companies in Mumbai and Pune and interaction with senior Tata officials and CEOs.
The first edition of the programme to be conducted by UKTI and the Tata Management Training Centre (TMTC) will be held from 1 - 5 October 2013 in Mumbai and Pune. The programme aims to increase UK high technology SMEs' understanding of the business culture of Indian firms and emerging areas of technology development. It also aims to encourage the creation of partnerships in the Indian market, and with Indian partners for global opportunities.
To identify the most suitable high-tech UK SMEs that could benefit from the programme, UKTI and TMTC ran a competition among a large pool of UK SMEs - considering their depth of technology innovation, their capacity to scale up business and prospective areas of applicable business opportunities in India.
Speaking about the programme David Landsman, executive director of Tata Limited, UK, said, "For us, it has been an excellent experience working with UKTI to devise a programme to help them bring the best of innovative British SMEs to India. We've prepared the ground carefully, and it's now time for the companies to explore the market in depth and to make the connections which can lead to real business for them and their Indian partners. And, when they come back to the UK, we look forward to continuing to develop our relationships with them and to celebrating some great successes."
Kumar Iyer, Director General India for UKTI and British Deputy High Commissioner in Western India said: "Encouraging a critical mass of cutting edge SMEs to do business in India is one of UKTI's key aims and it will be invaluable for the SMEs to have access to Tata's business knowledge and expertise which straddles both the UK and India. I also hope that through this initiative Tata will be able to usefully extend its reach among technologically innovative UK SMEs as represented on this programme".