Indian Advanced Engineering Industry: Market Overview, Business Opportunities and Success Stories
Event Venue and Description – Webinar
UK Government’s Department for International Trade (DIT) invites you to join a webinar on India’s Advanced Engineering industry. Through this session you will get to hear from Indian industry leaders on market overview, success stories and business opportunities in the Indian Advanced Engineering industry.
India and UK stand strong on trade relations across sectors under advanced engineering industry. With India’s vast manufacturing scale and UK’s advance technical capabilities, the two nations together could emerge as a strong engineering and manufacturing alliance.
India is currently the 5th largest manufacturing nation in the world and with initiatives like ‘Make in India’, the government is encouraging domestic and foreign investments in India. The Indian government is also focussing on having right policies in place and setting up single window clearances to support foreign companies coming to India. Considering all of this, India is expected to be the destination of choice for global manufacturing industry leaders in sectors like electronics, computer hardware, pharma, automobile (including components) and other engineering products. Indian advanced engineering industry is supported by favourable factors such as availability of low cost skilled labour, robust R&D centres, and low-cost steel production.
Opportunities for the UK companies exist in areas like batteries for electric vehicles, light-weight & new age materials, decarbonisation, low cost automation, Industry 4.0, auto electrical components, smart & sustainable manufacturing, education & training, design & consulting and recycling.
DIT’s Advanced Engineering team in India is supporting UK businesses to explore Indian market, setup operations in India and expand further. The team is spread across all major cities in India and eager to talk to you about the business opportunities.
For further information and details of how to register, please follow the link provided.