Business News Forging new business links with India
Companies and organisations from across the Sheffield City Region are establishing new business relationships in India, following a successful trade mission. Sir Nigel Knowles, the Sheffield
City Region Mayor’s Advisor on International Trade and Investment, headed up a highly successful international trade visit to Pune and Mumbai in India with an ambition to open trading opportunities and job creation between the SCR and India. Ten delegates from a number of
organisations, including Performance Engineered Solutions (PES) and the University of Sheffield’s Advanced Manufacturing Research Centre (AMRC) joined Sir Nigel on the five-day trade mission, which was organised by the Sheffield City Region in association with the UK Indian Business Council (UKIBC), as part of strengthening relationships between the two trading regions. Speaking after the visit, Sir Nigel
said: “The Indian economy is more influential, faster growing and offers more opportunities to exporters than ever before. This trade mission allowed us to showcase the Sheffield City
Delegates from the Sheffield City Region met India business representatives
Region’s expertise in advanced manufacturing and has created an environment in which our region’s businesses can collaborate even more closely with Indian companies and academic institutions.” The trade mission saw the
delegation visiting a host of advanced manufacturing and academic organisations, including the Automotive Research Authority of India, the Indian Institute of Technology (ITT-Bombay) and Pune College of Engineering, as well as meeting with the HM Trade
Commissioner to India and representatives from the Maharashtra Industrial Development Corporation. The visit highlighted the Sheffield City Region’s strengths in advanced manufacturing, lightweighting, and engineering, as well as it being a hub of world class research facilities and two leading universities. Professor Mike Maddock, Managing Director of Performance Engineered Solutions (PES) Ltd, a world-leading engineering
company working in areas such as aerospace, defence and energy, said: “India is an increasingly important trading partner for the UK, and especially for businesses in the Sheffield City Region. “Our region and India are bound
by our joint expertise in areas such as advanced manufacturing and engineering and the relationships forged on this trade mission will result in significant opportunities, collaborations, and investments across the region. “The opportunities are mutual,
and India deserves more of our collective time and resources as it becomes an important source of inward investment opportunities and a high potential export market.” In 2017, the Sheffield City Region
introduced the strategy: ‘Make in India, Design and Develop with the Sheffield City Region’. Since then, the relationship
between the Sheffield City Region and India has grown, with an Indian delegation visiting the region in 2018 and greater trading opportunities opening as a result.
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Winter 2020 CHAMBERconnect 23
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