Actions and Detail Panel
UK Tamil Nadu and Puducherry Business Meet 2017
Thu, May 11, 2017, 1:30 PM – 5:30 PM BST
Following the successful hosting of 16 business meets at the UK Parliament over the years and having engaged around 2350 delegates so far as part of British South India Council of Commerce's s mission to promote trade and investment between UK and India, specifically South India, , British South India Council of Commerce (BSICC), in association with UKTNCC is organising its annual, UK Tamil Nadu and Puducherry Business Meet 2017, on 11th May 2017 at Houses of Parliament, Westminster, London. This business meet will be chaired by Mr Virendra Sharma MP, Patron of British South India Council of Commerce. The audience will include representatives from Tamil Nadu, Puducherry, Members of House of Lords & House of Commons, representatives from other Indian states/ other countries and businessmen from India who are successful in UK.
Tamil Nadu is witnessing rapid industrialization with overall economic development and has grown as a manufacturing powerhouse in the country, especially in automobiles and textiles. The state's capital city, Chennai is called the 'Detroit of India'. Literacy level in the state is one of the highest among all Indian states.
Tamil Nadu is one of the well-developed States in terms of industrial development. The State Government is focused on stimulating further industrial development, attracting investment, facilitating new manufacturing capacity and enabling global manufacturing competence and competitiveness of local industry. Tamil Nadu has emerged as a front ranking State in attracting investments. Its advantageous position can be expressed in the following terms :- fastest growing State Economy in India, one of the top three recipients of Foreign Direct Investment(FDI), matured manufacturing sector, fast emerging as the IT happening destination, pro-active and investor friendly Government with transparent decision-making approach, ranks No.1 in availability of skilled manpower in India, most sought after destination by MNCs, excels in terms of human resource, infrastructure and labour relations and low cost of man power
The Union Territory (UT ) of Puducherry is well established on the tourist circuit of the country. It is famous for its beaches, backwaters, beautiful landscapes and varied tourists hotspots. It is one of the most eco-friendly and pollution free place.
Puducherry is fast becoming a preferred destination for investors. It is well-linked to almost all the Southern States of India. There exists immense business potential in the various sectors of the economy like leather, automobiles, textiles, etc. Puducherry's large manpower base at varying skill levels and the availability of variety of agricultural crops are the key to the Union Territory's (UT's) future and prosperity.. All such advantages can be strategically exploited for setting up various industrial units in the UT and creating an investor friendly environment. The other advantageous features of the Union Territory (UT) include proactive and responsive administrative set up, stable socio-political environment, skilled, hardworking and qualified manpower, excellent transport facilities, reliable power and communication network, investor-friendly attitude of Government, diversified agricultural and industrial base, good marketing platform; etc.