MEMBER NEWS New export deals with India
A Leicestershire business has been involved in one of 20 export deals signed between the UK and India as part of a new trading relationship. The export deal involving Morningside Pharmaceuticals, which manufactures and supplies quality generic medicines to the UK and international markets from its base in Loughborough, is connected to researching, developing and licensing new pharmaceutical products. It is part of an enhanced trade partnership between
the countries that will facilitate an extra £1bn in UK- India trade and investment, set to create 6,500 jobs. Dr Nik Kotecha OBE, chairman of Morningside Pharmaceuticals, said: “We are immensely proud to be included alongside other UK exporters in the new trading arrangements that have been announced with India. This enhanced trading relationship is a great step forward towards a future free trade agreement, which would bring significant opportunities for exporters, as well as investment, in the UK and the Midlands. “The Morningside companies have invested in India
for many years, particularly in research and development and clinical trials, as well as through our manufacturing investments into developing new formulations of generic medicines for our UK and international markets. “We are proud that much of the innovation takes
place here in Leicestershire and is then ‘technology transferred’ to Indian partners to help bring new
Interflex awarded Government grant
Automotive parts manufacturer Interflex will embark on a new upskilling programme to help it diversify after being awarded a £254,000 Government grant. The company, based in
Langar, Nottinghamshire, will allocate half the award to a £500,000 scheme to train, coach and mentor its team across a range of aspects of the business. Managing director Jim
Dr Nik Kotecha, chairman of Morningside Pharmaceuticals
formulations of generic and branded medicines to the UK and global markets quicker.” The package contains more than £533m of new
Indian investment into the UK, which is expected to create 6,500 jobs in vital and growing sectors such as health and technology – with £200m of these deals supporting low-carbon growth. UK Prime Minister Boris Johnson said: “Like every
aspect of the UK-India relationship, the economic links between our countries make our people stronger and safer. Each and every one of the more than 6,500 jobs will help communities build back from coronavirus.”
Griffin said: “This is an exciting time for Interflex. We have risen to some tough challenges over the past 12 months and have emerged a more flexible and efficient operation as a result. “Covid-19 did delay our
planned expansion, but with the valuable cash injection that the award has given us, now is the perfect time to start putting these exciting plans into practice.”
BT secures contract with Avant Homes
BT has been awarded a multi- million-pound contract with Chesterfield-headquartered national housebuilder Avant Homes to support the digital transformation of its business during the pandemic. The partnership has already seen
BT deploy new technology to allow agile working for Avant Homes’ sales and customer service workforce during the past 12 months. The investment also allows the developer to further improve its customer journey for new reservations and viewings. For the next phase of the
partnership, BT is providing a cloud- based solution that simplifies the management and operations across
Avant Homes’ five regional offices located in Scotland, North East, Yorkshire, and the Midlands, as well as its group head office operation and all development locations. Roger Craven, North East,
Yorkshire & Humber sales director for BT, said: “The Covid-19 pandemic has brought challenges for many businesses, even those in industries which have largely been able to continue to operate throughout lockdown restrictions, such as the housing and construction sector. “The need to invest in digital
technology has never been greater as more work is carried out remotely and teams require secure access to information, contacts and systems from wherever they are.”
BT will support Avant Homes with its digital transformation
business network June 2021
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