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Nath leads delegation to UK biz forum

Kamal Nath would lead a high-level delegation to the second India-UK Business Leaders Forum to be held on June 27 in London.

india Updated: Jun 30, 2006 12:05 IST

Commerce and Industry Minister Kamal Nath would lead a high-level delegation to the second India-UK Business Leaders Forum to be held on June 27 in London as part of the India Everywhere campaign to mobilise foreign investment for developing the nation's infrastructure.

Besides Nath the delegation would include Minister for Science and Technology Kapil Sibal, Secretary, Department of Industrial Policy and Promotion Ajay Dua.

The Minister would release a report Going Global: India Inc which would highlight case studies on the successful Indian companies operating in the United Kingdom at the Forum being jointly organised by Commonwealth Business Council, CII, UK Trade and Investment and the Indian government.

Reiterating the growing importance of bilateral trade between India and UK, Nath said both the nations were on the path of a strong bilateral relationship as both shared a common democratic outlook.

There had been a surge in Indian companies investing in Britain and that majority of rules and regulations which had a prohibitive effect on Indian companies going abroad have been lifted since the economic liberalisation, he said.

The theme of the forum would revolve around innovation, investment and infrastructure-the key priority areas for India's growth.

A 18 member CEO delegation led by CCI President R Seshasayee would participate in the forum. The delegation would include Bharti Telecom Chief Sunil Bharti Mittal, JJ Irani Director Tata Sons, SK Munjal Chairman Hero Corporate Services Limited, Anand Burman Vice Chairman Dabur Pharma Limited,Naina Lal Kidwai Country Head HSBC Limited and Phiroza Vandrewalla Executive Vice-President TCS besides others.