UK India Business Council

Last updated
UK India Business Council (UKIBC)
Type Non-profit
Founded1993 as Indo-British Partnership; 2007 as UK India Business Council
HeadquartersVictoria, London,
London, United Kingdom [1] Gurgaon, Delhi NCR
Key people
Richard McCallum (Group CEO), Richard Heald (Chairman)
ServicesPolicy and advocacy
Strategic advisory
Website www.ukibc.com

The UK India Business Council (UKIBC) is a membership-based, non-profit organization founded in 2007 to foster trade and business relations between the United Kingdom and India. [2] The organization works with businesses in both countries, as well as the UK and Indian governments, to promote and increase bilateral trade. The UK India Business Council supports UK businesses with the insights, networks, policy advocacy, services, and facilities needed to succeed in India.

Contents

UKIBC (UK India Business Council) is a sister organization to the UK-ASEAN Business Council

The UK India Business Council is the sole accredited UK Government Overseas Business Network Initiative provider for India. UKIBC is accredited by British Chambers of Commerce and works in partnership with UK Department for Business and Trade.

History

UKIBC has its origins in the Indo British Partnership (IBP) initiative, signed by then Prime Ministers John Major and P. V. Narasimha Rao in 1993. [3] In 2005 this evolved into a private limited company called the 'Indo British Partnership Network (IBPN). With the UKIBC receiving increased investment in 2007 from UK Trade & Investment under direction from then UK Chancellor Gordon Brown, Sharon Bamford was appointed CEO to oversee the transition of the organization. [4]

Organization and Leadership

The Rt Hon Patricia Hewitt has been Chair of the UK India Business Council since 2009. Lord Karan Bilimoria, is the founding Chairman of the UK-India Business Council. Lord Mervyn Davies, Baron Davies of Abersoch served as the Chair of UK India Business Council in July 2017 until September 2020. Since then, Richard Heald, OBE has taken up the position, stepping up from his role as CEO since 2010. In July 2020, Jayant Krishna, Tata Group veteran and former CEO of the National Skill Development Corporation, became the first Indian to be appointed Group CEO of UKIBC. [5] In October 2022, Richard McCallum, previously Vice President of UKIBC in India, was announced as Group CEO.

UKIBC deals with major sectors, such as: [6]

Facilities

Market Entry

UKIBC provides sector-specific research and market entry-related services to help British companies understand the opportunities and make informed choices about their investment.

Membership

Food and Drink, Retail and E-Commerce

UKIBC is mandated by HMG's Department of International Trade to assist in day to day events to include Policy, Market Access, Advocacy, and Trade Promotion for the F&D, Retail, and E-Com sector.

Strategic partners

The UKIBC is partnered with major following companies [7] -

See also

Related Research Articles

<span class="mw-page-title-main">Foreign relations of India</span> Overview of the foreign relations of India

India, officially the Republic of India, has full diplomatic relations with 201 states, including Palestine, the Holy See, and Niue. The Ministry of External Affairs (MEA) is the government agency responsible for the conduct of foreign relations of India. With the world's third largest military expenditure, second largest armed force, fifth largest economy by GDP nominal rates and third largest economy in terms of purchasing power parity, India is a prominent regional power and a rising superpower.

<span class="mw-page-title-main">Reliance Industries</span> Indian multinational conglomerate

Reliance Industries Limited is an Indian multinational conglomerate, headquartered in Mumbai. Its businesses include energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles. Reliance is the largest public company in India by market capitalisation and revenue, and the 100th largest company worldwide. It is India's largest private tax payer and largest exporter, accounting for 7% of India's total merchandise exports. The company has relatively little free cash flow and high corporate debt.

<span class="mw-page-title-main">Ajay Piramal</span> Indian businessman

Ajay Gopikisan Piramal is an Indian billionaire businessman, and the chairman of the Piramal Group, a conglomerate with interests in pharmaceutical, financial services, real estate, healthcare analytics and glass packaging. As of September 2022, his net worth was estimated at US$3 billion.

<span class="mw-page-title-main">Confederation of Indian Industry</span> Industry association in India

The Confederation of Indian Industry (CII) is a non-governmental trade association and advocacy group headquartered in New Delhi, India, founded in 1895.

Faqir Chand Kohli was a co-founder and the first CEO of TCS Tata Consultancy Services, India's largest software services company. He was also associated with other companies within Tata Group, including Tata Power Company and Tata Elxsi, and had been President of Indian Information Technology (IT) services advocacy body NASSCOM. He was a recipient of the Padma Bhushan, India's third-highest civilian honor, in 2002 for his contributions to the Indian software industry. He is referred to as the "Father of the Indian IT Industry", for his contributions to the establishment and growth of the Indian IT industry.

<span class="mw-page-title-main">Vibrant Gujarat</span> Biennial investors summit in Gujarat, India

Vibrant Gujarat is a biennial investors' summit held by the Government of Gujarat in Gujarat, India. The event is aimed at bringing together business leaders, investors, corporations, thought leaders, policy and opinion makers; the summit is advertised as a platform to understand and explore business opportunities in Gujarat.

IndusInd Bank Limited is an Indian financial services headquartered in Mumbai (Maharashtra). IndusInd Bank was inaugurated in April 1994 by then Union Finance Minister Manmohan Singh.

Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It is India's third largest private sector bank by assets and Fourth largest by Market capitalisation.It sells financial services to large and mid-size companies, SMEs and retail businesses.

<span class="mw-page-title-main">Leeds University Business School</span> British business and economics school

Leeds University Business School is a business school in the University of Leeds, in Leeds, West Yorkshire, England. The school is accredited by AACSB, AMBA and EQUIS.

<span class="mw-page-title-main">ING Vysya Bank</span> Indian bank

ING Vysya Bank was a privately owned Indian multinational bank based in Bangalore, with retail, wholesale, and private banking platforms formed from the 2002 purchase of an equity stake in Vysya Bank by the Dutch ING Group. This merger marked the first between an Indian bank and a foreign bank. Prior to this transaction, Vysya Bank had a seven-year-old strategic alliance and shareholding arrangement with erstwhile Belgian bank Banque Bruxelles Lambert, which was also acquired by ING Group in 1998.

<span class="mw-page-title-main">Canada India Foundation</span> Non-profit organisation in Canada

The Canada India Foundation is a Canadian non-profit organisation established in 2007. The main stated objective of CIF comprises promoting Canada–India relations through their active intervention in public policy, which would cover domestic policies and bilateral issues affecting the Indo-Canadian community, including issues such as culture, education, trade and investment, immigration, diplomatic, political, and strategic relations.

<span class="mw-page-title-main">Sharon Bamford</span>

Sharon Bamford is the former Chief Executive of the UK India Business Council, former Chief Executive of the Scottish Institute for Enterprise and past Chief Executive of the Association of MBAs. Her former positions also include Director of the Edinburgh Technopole, the University of Edinburgh's flagship science park.

Analjit Singh is the founder chairman of Max Group, a conglomerate with interests in life insurance, healthcare, and real estate. He is also the founder of Leeu Collection, an international collection of boutique hotels. He was also the Non-Executive Chairman of Vodafone India.

<span class="mw-page-title-main">India–Uganda relations</span> Bilateral relations

India–Uganda relations are bilateral relations between the Republic of India and the Republic of Uganda. India and Uganda established diplomatic relations in 1965 and each maintain a High Commission in the other's capital. The Indian High Commission in Kampala has concurrent accreditation to Burundi. Uganda hosts a large Indian community and India–Uganda relations cover a broad range of sectors including political, economic, commercial, cultural and scientific cooperation.

<span class="mw-page-title-main">Ralf Speth</span> German automotive executive (born 1955)

Ralf Dieter Speth is a German automotive executive and a director of Indian company Tata Sons since 2016. From 2010 to 2020, he was the chief executive officer of Jaguar Land Rover. He has also had roles with BMW, Linde and Ford's Premier Automotive Group. Since 2022, Speth is the chairman of Indian Automaker TVS Motor Company.

The National Centre for Cold-chain Development (NCCD) is an autonomous think tank body established by the Government of India with an agenda to positively impact and promote the development of the cold-chain sector in the country. NCCD was registered under the Society Registration Act, 1860 and given sanction by the Union Cabinet of India on 9 February 2012 in a session chaired by the country's Prime Minister.

<span class="mw-page-title-main">Jayant Sinha</span> Indian politician

Jayant Sinha is an Indian politician who is the Member of Indian Parliament and formerly the Minister of State for Finance and the Minister of State for Civil Aviation in the Government of India. Sinha is currently the Chairperson for Standing Committee on Finance and a member of the Public Accounts Committee for 2019–20. He has also been an investment fund manager and management consultant. He is also a member of the Board of Advisors of India's International Movement to Unite Nations

Rayaroth Kuttambally Krishna Kumar was an Indian business executive who was the director of Tata Sons. He was a member of Tata Administrative Services and served as a trustee of Sir Dorabji Tata Trust and Sir Ratan Tata Trust, which hold a 66 per cent stake in Tata Sons. He played a significant role in several acquisitions by Tata Group, including the £271 million buy-out of Tetley in 2000, which made Tata Global Beverages the second-largest tea company in the world. The Government of India awarded him the fourth-highest civilian honour of the Padma Shri in 2009 for his contributions to Indian trade and industry.

<span class="mw-page-title-main">Alan Gemmell (diplomat)</span> British diplomat

Alan Gemmell OBE is the co-founder of FiveFilms4Freedom and former Director of the British Council in India. Gemme was appointed as Chief Executive of the Commonwealth Enterprise and Investment Council in December 2018.

<span class="mw-page-title-main">Guinea–India relations</span> Bilateral relations

The international relations between Guinea and India have been cordial and friendly. India maintained an embassy in Conakry, but shut it down after more than 2 decades of operation in 1988. Subsequently, the Embassy of India in Abidjan, Côte d'Ivoire was jointly accredited to Guinea. Guinea opened its embassy in New Delhi in April 2012. India has maintained an honorary consul in Guinea since 1989.

References

  1. "Contact Us: UKIBC". UKIBC. Retrieved 14 July 2015.
  2. UKIBC Website
  3. House of Commons, - Trade and Industry - Written Evidence
  4. Free Online Library, "Appointment of Sharon Bamford"
  5. Business Today, India, "UK India Business Council appoints Jayant Krishna as Group CEO"
  6. "Key Sectors Gateway: UKIBC". UKIBC. Retrieved 14 July 2015.
  7. "UK India Business Council Members". UKIBC. Retrieved 14 July 2015.
  8. UKIBC Standard Chartered
  9. UKIBC PwC