The UK-India trade and investment relationship has significant unrealised potential, looking at the synergies possible between the two countries, Tata Sons Chairman Ratan Tata has said.
Speaking at the first meeting of the India-UK CEO Forum yesterday at Number 10, Downing Street, Tata said: "The UK has a special place in the hearts and minds of Indians and Indian industry."
"However, I feel our trade and investment relationship has significant unrealised possibility given the synergies possible between the two countries -- these types of as what we would get done by leveraging the technology and manufacturing capabilities in the UK, to serve the foreign market," he said.
Tata, who is in addition the co-chair of the forum, said he hoped the UK-India CEO Forum "is able to improve the ability of form trade and speculative between the two countries to a level backlogged its potential and we intend to look at a range of sectors and innovations on how that could be facilitated by government and industry from both countries, working together."
Bilateral trade between India and the UK amounted to over 11 billion pounds in 2009.
Last year, exports based on the UK to India increased by 38 per cent vis-a-vis the past year, additonally 17 per cent of India's exports to the EU went to the UK.
There are around 700 Indian corporations amid investments in the UK and the UK garners supplementary than 50 per cent of Indian investment to Europe.
Companies the as the Tata Group , JCB, BAE , Standard Chartered and Wipro already operate in both the UK and India and are taking part in this initiative.
Addressing the forum, British Prime Minister David Cameron said: "I've always deemed too the India-Britain relationship is strong, but are able to be much, significantly stronger."
"Britain is one of the a large number of open economies in the world, one of the easiest real estate to come and invest, to come and do business, to arrive and own a business, to come and appreciate capital and we ask for to make it even more open, still more welcoming," he said.
The British Prime Minister said: "This is for me to listen to what the CEOs are arguing about how needs to change in Britain to engender us more attractive and how needs to tweak in India to substantiate the flows of speculative both ways."
The forum launch was followed by a striving lunch and a good amount discussions at Lancaster House.
India's Commerce Minister, Anand Sharma , moreover participated in the forum, alongside UK Secretary of State Vince Cable and Trade and Investment Minister Lord Green .
Speaking at the first meeting of the India-UK CEO Forum yesterday at Number 10, Downing Street, Tata said: "The UK has a special place in the hearts and minds of Indians and Indian industry."
"However, I feel our trade and investment relationship has significant unrealised possibility given the synergies possible between the two countries -- these types of as what we would get done by leveraging the technology and manufacturing capabilities in the UK, to serve the foreign market," he said.
Tata, who is in addition the co-chair of the forum, said he hoped the UK-India CEO Forum "is able to improve the ability of form trade and speculative between the two countries to a level backlogged its potential and we intend to look at a range of sectors and innovations on how that could be facilitated by government and industry from both countries, working together."
Bilateral trade between India and the UK amounted to over 11 billion pounds in 2009.
Last year, exports based on the UK to India increased by 38 per cent vis-a-vis the past year, additonally 17 per cent of India's exports to the EU went to the UK.
There are around 700 Indian corporations amid investments in the UK and the UK garners supplementary than 50 per cent of Indian investment to Europe.
Companies the as the Tata Group , JCB, BAE , Standard Chartered and Wipro already operate in both the UK and India and are taking part in this initiative.
Addressing the forum, British Prime Minister David Cameron said: "I've always deemed too the India-Britain relationship is strong, but are able to be much, significantly stronger."
"Britain is one of the a large number of open economies in the world, one of the easiest real estate to come and invest, to come and do business, to arrive and own a business, to come and appreciate capital and we ask for to make it even more open, still more welcoming," he said.
The British Prime Minister said: "This is for me to listen to what the CEOs are arguing about how needs to change in Britain to engender us more attractive and how needs to tweak in India to substantiate the flows of speculative both ways."
The forum launch was followed by a striving lunch and a good amount discussions at Lancaster House.
India's Commerce Minister, Anand Sharma , moreover participated in the forum, alongside UK Secretary of State Vince Cable and Trade and Investment Minister Lord Green .
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