SENIOR FIGURES EYE INDIAN TRADE LINKS

A host of senior figures from across the North, including from the Sheffield City Region are heading to India to target new tech trade links.

The group, including entrepreneurs, business bosses and civic figureheads, is aiming to showcase northern expertise in a range of different technologies and are the first high profile delegation to take advantage of a direct air link between Manchester Airport and Mumbai, operated by Jet Airways.

During their trip, the delegates will look to exploit opportunities for trade and collaboration between India’s fast-growing tech sector and the North’s specialisms in areas such as advanced manufacturing, artificial intelligence, cyber security, health technology, and FinTech.

International trade secretary Dr Liam Fox said: “I’m delighted that businesses are already making the most of the new Manchester to Mumbai flight path. As well as opening up trade and collaboration opportunities for businesses and universities, we hope that the link will also help to drive investment into a wealth of opportunities across the Northern Powerhouse.

Playing a leading role in the visit is Andrew Cowan, chief executive of Manchester Airport and chair of the Manchester-India Partnership (MIP), who will give a keynote speech on the power of connectivity at a reception for all UK attendees in Mumbai, as well as representing the region on a range of panels.

He said: “India is one of the world’s most important markets and it is clear there are many opportunities for economic, social and cultural collaboration with the North.

“Both parts of the world have globally-significant expertise in sectors such as tech and life sciences and the existence of a direct flight service is key to these links being exploited to their full potential.”

About 20 different businesses from across the North are making the trip to the event, with senior delegations from the Manchester, Liverpool and Sheffield City Regions.

Source: Matthew Ord, Insider Business, 11 December 2018

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