UK India Business Council

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UK India Business Council (UKIBC)
TypeNon-profit
Founded1993 as Indo-British Partnership; 2007 as UK India Business Council
Headquarters105 Victoria Street, London,
London, United Kingdom[1]
Key people
Richard Heald (Chairman), Jayant Krishna (Group CEO)
ServicesInformation Products
Relationship Management
Client Representation
Consulting
Websitewww.ukibc.com

The UK India Business Council (UKIBC) is a membership-based, non-profit organisation founded in 2007 to foster trade and business relations between the United Kingdom and India.[2] The organisation 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.

They help UK companies achieve success whether they are well-established in India or in the early stages of their engagement.

Working with the UK Government and other influential and connected partners, they ensure business interests are conveyed to India’s Union and State legislators. The UK India Business Council seek to influence decisions that will make it easier for UK businesses to operate in India.

For those seeking practical advice, their team provide a range of sector-specific research, market entry and expansion services that help businesses understand – and take – the opportunities.

Their membership network is at the heart of their support. Through a wide variety of events and member-only Sector Policy Groups, they enable businesspeople to meet each other, identify potential partners, suppliers and customers, and to learn from top business leaders and commentators, including those on the Advisory Council.

UKIBC is a sister organisation 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 Trade & Investment.

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 organisation.[4]

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 served as the Chair of UK India Business Council in July 2017 until June 2020. Since, Richard Heald, OBE has taken up the position, stepping up from his role as CEO since 2010.

Organisation and Leadership[]

In 2010, Richard Heald, former Vice-President of the Indian arm of N M Rothschild & Sons was appointed the new CEO of the organisation.[5]

Jayant Krishna, Tata Group veteran and former CEO of the National Skill Development Corporation, was appointed as Group CEO of UKIBC in 2020.[6]

UKIBC currently deals with ten major sectors, namely:[7]

  • Advanced Engineering and Manufacturing
  • Digital Innovation
  • Energy
  • Food and Drink
  • Financial, Legal and Professional Services
  • Infrastructure
  • Life Sciences and Healthcare
  • Retail, Lifestyle and Logistics
  • Skills and Education
  • Sports

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. Additionally, UKIBC supports UK SME's to help and expand into the Indian market, through incubation support, which de-risks the market entry process by its service called Launchpad. UK SME's may also reach out to UKIBC for legal business set-up advisory support and services.

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[8] -

See also[]

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. ^ Silicon, India, "Appointment of Richard Heald"
  6. ^ Business Today, India, "UK India Business Council appoints Jayant Krishna as Group CEO"
  7. ^ "Key Sectors Gateway: UKIBC". UKIBC. Retrieved 14 July 2015.
  8. ^ "UK India Business Council Members". UKIBC. Retrieved 14 July 2015.
  9. ^ UKIBC Standard Chartered
  10. ^ UKIBC PwC

External links[]

Others[]

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