On Friday, United Kingdom Minister of Investment Lord Dominic Johnson inaugurated the new British Trade Office in the city of Pune, signaling the UK’s commitment to Maharashtra and India. During his visit, the Lord met with several business leaders and prospective investors, including Serum Institute of India, Bharat Forge and Zensar.
In his statement at the opening event, Lord Johnson said, “It’s great to be in India once again and to visit the bustling city of Pune for the inauguration of the British Trade Office, which serves as an indication of our commitment to Maharashtra and India. We are determined to be the number one investment destination in Europe and now is the time to invest in the UK in areas from life sciences to artificial intelligence. I want to thank all of the Pune locals who are running this office and hope for many successful years of collaboration between the UK and India.”
The official statement also shared how India still remains a key market for the UK and Lord Johnson’s visit will help to build momentum behind the current trade negotiations that are being undertaken between the two countries. The British Trade Office has been in Pune since several years, speaking to the numerous business hubs of the city and playing a major role in successfully obtaining numerous trade and investment wins in the futuristic arena, in addition to the manufacturing, future mobility and technology areas.
Another major fact that was highlighted was that the UK is the home of an Indian diaspora of more than 1.6 million individuals. India is the second largest investor in the UK when it comes to the number of projects and the two countries have a strong and unique “living bridge” that consist of people, ideas, institutions, arts and culture.
The mentioned companies and people mentioned in the article is Serum Institute of India, Bharat Forge and Zensar which are potential and existing investors and Lord Dominic Johnson, who is the United Kingdom Minister of Investment who is credited for inaugurating the new British Trade Office in Pune. Serum Institute of India is a biopharmaceutical company that specializes in the production of drugs. Bharat Forge is a global leader in metal forming which is a process by which shapes and sizes are changed by the application of forces. Zensar is a global digital solutions and technology services company that provides services across the banking, financial services, insurance, manufacturing, retail, telecom and many other industries.
Lord Dominic Johnson is the Minister of State for Investment in the United Kingdom. He is responsible for a range of international engagement activities, where he promotes the UK as a global destination for the international investment, in the government’s aim of making it the number one destination in Europe. He has been instrumental in starting up the British Trade Office in Pune, by which the UK can show its commitment to India and Maharashtra.
