Yorkshire businesses to lead Northern Powerhouse trade mission to India

A Northern Powerhouse trade mission to India is set to be led by the Yorkshire Asian Business Association, with the Federation of Asian Businesses.

Taking place in November, the Northern Powerhouse Indian Trade Mission is open to any local business which is looking to increase their footprint and accelerate growth in markets such as India.

Recording an annual average growth rate of 7.5% from 2004 to 2013, India’s economy is now growing faster than China.

Forecast to be the 7th largest in the world by 2019, India’s economy is set to exceed the size of the UK’s within the next few years, presenting a huge opportunity for UK businesses.

The Northern Powerhouse Indian Trade Mission will provide an opportunity to showcase what Yorkshire has to offer with a focus on the North’s key industries, such as manufacturing, digital and health innovation.

There will also be opportunities for Knowledge Transfer Partnerships with education and industrial Institutes.

Businesses that take part in the mission will be given the chance to meet with Indian officials, such as Government Ministers, Chamber of Commerce chiefs and senior policy makers.

Amarjit Singh, chairman of the Yorkshire Asian Business Association, said: “The Northern Powerhouse has a lot to offer countries such as India, whilst India’s fast-growing economy present exciting opportunities for Yorkshire businesses to grow beyond our borders.

“I would urge any business that is looking to expand and is curious about new opportunities in India, to take advantage of this opportunity and sign up to get involved today!”

Jake Berry MP, the Minister for the Northern Powerhouse, added: “This private-sector led trade mission showcase the best of the Northern Powerhouse, demonstrating the initiative and determination of business in the North.”

Sharon Jandu, administrator to the Federation of Asian Businesses, also commented: “Asians and British Asians account for around 7% of the UK population, but we make a huge contribution to the UK’s economy.

“This trade mission is an opportunity for local businesses to directly benefit from the links within the British Asian community to India.”