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Britain partners with Tiecon Chandigarh

by IBNS 17 Feb 2017, 08:44 am

London, Feb 17 (IBNS): British Deputy High Commissioner Chandigarh David Lelliott and Deputy Trade and Investment Commissioner Amo Kalar from the British High Commission in New Delhi will be among the high-profile speakers for the second TiECON Chandigarh to be held on Feb 17-18.

For the second year the UK is the sole country partner for TiECON Chandigarh, which aims to create an energizing entrepreneurial environment for startup founders looking to internationalize their businesses.

David Lelliott said, “The UK is a great place to do business and remains a very attractive destination for Indian companies. Our great collaborative relationship with Indian companies is of immense benefit to both countries. One of our most dynamic initiatives is to support India’s start-up wave by connecting India’s high-growth technology companies to opportunities, expertise and finance in the UK.  Partnering TiECON shows our continuing commitment to supporting the development of the Chandigarh region and to seeing Chandigarh-based companies be part of the living bridge of people, investment and ideas that makes the UK/India relationship so unique.”

The conference will bring together a diverse group of innovative and dynamic ventures. Leading entrepreneurs, mentors, innovators, investors, startups, educationists, journalists, policy makers and other key stakeholders will focus is on generating our next generation of leaders and entrepreneurs. Over 800 participants are expected to attend over the two days.

 Amo Kalar said, “As we exit the European Union, the UK will become an even stronger proposition for India’s brightest innovators, entrepreneurs and thinkers to internationalise their high-growth businesses, ideas and ventures. The UK remains the world’s best location to set up a digital business.  Indian companies have a very strong record in the UK. For two years in a row now Indian companies have maintained their position as the third largest investor in the UK employing over 110,000 people, while the UK has consistently invested more in India that any other G20 country since the turn of the century.”

In his recent speech to the India/UK TECH Summit, Prime Minister Modi talked about the “living bridge” between India and the UK.  Entrepreneurs and their flow of ideas are a key part of that. The event comes hot on the heels of the national success of the Tech Rocketship Awards, where over £1m of investment has already been made in Indian start-ups with the promise of more to come.

Many of the winners of those awards – including GetMyParking – will attend TiECON as living, breathing examples of the living bridge, having just returned from their recent tailor-made trip to the UK.