Friday, October 4, 2013

TATA-UKTI DOING BUSINESS IN INDIA PROGRAMME

The Tatas and the UK Trade & Investment (UKTI), a British trade and investment body, have launched the first edition of 'Doing Business in India' training and mentoring programme. The programme is brought in by the Tata Group's Pune-based Tata Management Training Centre (TMTC) and the British Council, Mumbai, and seeks to promote joint bilateral trade, especially among the small and medium technology companies from both the nations. The first leg of the programme has been underway in the city from October 1-5 and then it will move to Pune.
The programme will include visits to relevant Tata companies in Mumbai and Pune and interaction with senior Tata officials and CEOs. Tatas are the largest private sector employers in the British manufacturing sector, employing over 50,000 at its Corus and JLR plants. Cost-side details of the programme were not revealed. The programme aims to increase British high technology SMEs' understanding of the business culture here. It also aims to encourage the creation of partnerships in the domestic market, and with domestic partners for global opportunities. As part of the programme, UKTI introduced 20 British SMEs- all from the telecom, energy, power, software and healthcare side and some of which are already present in the country-at the event. In the EU and England an SME is one that employs under 250 and has a revenue of less than 40 million euro per annum, Technology partnerships seek to increase international performance of high-growth technology SMEs of British through direct trade, collaboration and partnerships.

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