International trade boost for region as tech cluster virtually welcomes Indian businesses

The North East is set for a potential economic boost as Indian businesses have been encouraged to invest in the area.

Invest Newcastle has virtually showcased our region to tech companies based in India looking to trade and invest in the UK market.

Jen Hartley, director from Invest Newcastle, explained: “We are home to a thriving digital and tech ecosystem; this was an opportunity to showcase Newcastle within a UK context to a ready-made audience actively considering expansion in the UK or Europe.

“Due to the current environment we can’t do this in person anymore, but this virtual event was a great way to help businesses feel part of our network and understand our offer.

“Our city has such a strong tech offering and with our cluster so willing to collaborate on webinars that showcase the area, I am sure it will continue to go from strength to strength and attract more international investors.”

The news follows a visit to Newcastle from the British Deputy High Commissioner, who represents the UK Government in Chennai earlier this year.

Following his visit, the British Deputy High Commissioner pledged to bring a delegation of businesses as part of its responsibility to encourage foreign direct investment into the country.

Oliver Ballhatchet MBE, Deputy High Commissioner in Chennai, added: “Newcastle is a great city with a positive, collaborative and welcoming vibe.

“This virtual event was a fantastic way to showcase everything they have to offer, giving international investors one of the warmest welcomes in the UK.

“I am excited about the potential of this event in opening doors for further collaboration between India and Newcastle.”

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