UK keen on doing business in State

October 17, 2015 12:00 am | Updated 05:47 am IST - VISAKHAPATNAM:

The United Kingdom is keen on partnering the new State in its development post Bifurcation, Deputy Head of Mission, British Deputy High Commission in Hyderabad, Abhilash Puzakara said.

Speaking at an interactive session organised here on Friday by the AP Chambers of Commerce and Industry Federation, Puzakara said UK's trade with India during 2014 amounted to 15.8 billion pounds sterling and Britain had made a commitment to spend 1 billion pounds sterling on export finance credit to India. "It is a two-way traffic with India. Tatas are a very large employer in Britain and many UK companies are in India. Low tax rates, a talented workforce and ease of doing business make it easy for Indian companies to invest in the UK," he said.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.