India is the UK’s 18th largest export market and its second largest in the developing world after China. It is one of the fastest expanding economies in the world with a rapidly expanding middle class. The UK has strong ties with India and UK companies are well positioned to take advantage of this growing export and investment market.
The latest forecast for economic growth in India for the current year is 9.6% with inflation currently under control at 3.8%. Increasing liberalisation continues to create opportunities for UK companies with principal areas of opportunity in infrastructure, financial services, energy, climate change, manufacturing and engineering, high value technology, retail, agri-development, services, education and health.
This mission was SCDI’s 9th project to the market. |