A forum consisting of 70 CEOs of different Indian business organisations in the UK was launched recently at the House of Lords at an event hosted by Lord Sheikh and moderated by Daljit Jagait reports Ragasudha Vinjamuri. Founded by Ajit Mishra, corporate partner and Head of India Group at Rosenblatt Solicitors, the Indian CEO Forum aims to promote bilateral trade and business opportunities between the UK and India.
Speaking on the occasion, Lord Sheikh first paid tributes to Dr Dadabhai Naoroji, Sir Bhowunagree, Baron SP Sinha and MP Saklatwala who promoted the image of India early in the UK. Underscoring on the bilateral trade between India and the UK, he says “5.7 billion goods were exported to India and 9.6 billion worth goods were imported from India in 2016. The UK is India’s third largest investor. Diaspora can play an important role in strengthening trade, educational and cultural relations. In due course, in the face of Brexit, there should be easier and amicable agreement with regard to movement of people. The Indian CEO Forum with seventy executives coinciding with the 70th anniversary of Indian Independence. Let us hope further success to the businesses”, Lord Sheikh he concluded.
Lord Bilimoria appreciated the remarkable success Indian businesses achieved in the UK, from small beginnings decades ago. “Birmingham was the first university that started commerce and business education ahead of Harvard, and there is generations long link to British education for Indians like myself. There is opportunity for businesses, opportunities in education. We are fighting for visas and visa fees for Indian students and hope we get there soon”. Lord Bilimoria also highlighted the launch of India Institute at Birmingham.
Tarun Sawhney of Times Now spoke of significant investment and expansion companies like Tata made in the UK. “We felt the need for a formal platform for the CEOs to come together, as an ode to business leaders that make things happen” he said.
Cllr. Sunil Chopra, former Mayor of Southwark extended thanks to Lord Sheikh for hosting the launch. Referring to various people in business, entertainment and media, he underscored on the hard work and dedication people make to continue to add to the success. “The forum enables networking to share experiences, share ideas and learn from each other’s journey” he said.
Bala Kutti of Rein Co DMCC was honoured on the occasion for his success and contributions to the diversity in business in construction, solar and wind energy.
ICF in partnership with Times Now shall profile 70 British -Indian CEOs and Indian businesses through series of events in major cities in the UK till August 2018. “These Indian businesses are role model for India for having succeeded despite hardships. ICF is a soft gesture to thank them” says Ajit Mishra.