14 December 2017

  |  CBI London


Mayor of London meeting with Business Leaders in Mumbai

The Deputy Mayor of London for Business, Rajesh Agrawal, reflects on the Mayor's recent visit to India, supported by the CBI.

Mayor of London meeting with Business Leaders in Mumbai

Last week, I joined the Mayor of London, Sadiq Khan, on a historic visit and trade mission to India and Pakistan. We met with business leaders and entrepreneurs to ensure that as Britain prepares to the leave the European Union, people in Pakistan and India know that London is open for business, investment, talent and tourism. The CBI, and in particular their India office, played an important role in making this trip such a success.

London already has enduring links with India and Pakistan but our trip was about nurturing relationships and to make sure that these bonds remain strong at an important time for our city. In my meetings with business leaders, I was reassured to hear that London remains a leading destination for companies from India and Pakistan that are looking to internationalise.

I am delighted that we have already seen a raft of new investments from both countries, including a new office from Indian tech giant, Wipro and two new London branches, announced by Habib Bank AG Zurich, following our visit to Karachi in Pakistan.

During the visit Sadiq also announced the next round of the India Emerging 20 (IE20) programme – an initiative to discover more of India’s most innovative companies that are looking to expand internationally. And I am pleased that a number of businesses on the programme have already successfully expanded into London.

As part of the trade mission, Sadiq and I were joined by 18 of London’s high-growth technology companies from the Mayor’s International Business Programme, run by London & Partners, and we helped them to explore business and growth opportunities. Following an intensive five days of meetings, networking and pitching, I am confident that strong new connections have been forged between the leading lights of London’s tech sector and the businesses and entrepreneurs of South Asia.

My key takeaway from this visit is that there are lots of opportunities for collaboration between London and these two great nations and that there has never been a more important time for the United Kingdom and London to make sure these bonds and links remain strong, and continue to grow.

By The Deputy Mayor of London for Business, Rajesh Agrawal ​@RajeshAgrawalUK