‘Alive with Opportunity’ - Trade Secretary launches UK-India campaign on G20 visit to Jaipur
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New £1.5m GREAT marketing blitz will go beyond UK and India’s
strong business and trade links to highlight shared cultural
interests - from football and cricket, to food and
film Kicking off today, ‘Alive with Opportunity’
campaign will help double trade with India by 2030 with a series of
targeted trade missions for UK firms in high growth
sectors Comes as Kemi Badenoch visits India for G20
Trade talks, and key meetings with Tata...Request free trial
Higher education, agri-tech, and e-sports will feature as prominent sectors in a revamped series of modern, targeted UK trade missions to India over the coming year. The Department for Business and Trade is launching Alive with Opportunity, a £1.5 million marketing campaign designed to build on the UK and India’s strong and enduring relationship, boost trade and investment, and promote the two nations’ powerful cultural links. Business and Trade Secretary Kemi Badenoch will launch the campaign on a three-day visit to India starting today [Thursday 24 August]. She will first attend the G20 Trade Ministers Meeting in Jaipur before flying to New Delhi for a parallel business-focused Business 20 summit, plus meetings with Commerce Minister Piyush Goyal and Tata Chair Natarajan Chandrasekaran. UK Business and Trade Secretary Kemi Badenoch said: “I’m delighted to be returning to India to support their G20 Presidency, further our trade talks and meet key business leaders. The UK and India have a thriving relationship and we both share an ambition to deepen our cultural and trading ties. “India is the UK’s second biggest source of investment projects and I’m confident this new campaign will help boost interest in and demand for UK goods and services even further.” As part of the UK’s ambitions to double trade with India by 2030, the campaign aims to stimulate interest and demand for UK goods and services and attract new Indian inward investment. New DBT data shows India is the UK’s 2nd largest source of investment projects, with 118 new projects in the last financial year creating 8,384 new jobs. Today, more than 900 Indian businesses operate in the UK, and more than 600 UK businesses are finding success in India supporting more than half a million jobs across both countries. The Alive with Opportunity campaign will celebrate business, trade, cultural and sporting links between the UK and India, taking advantage of major moments such as India’s hosting of the Cricket World Cup and the England-India test series starting in January. Adverts promoting the UK will feature across billboards, in airports and across social media channels backed by a series of targeted trade missions, promotional events and marketing activations in both countries. The campaign aims to bring to life the concept of the ‘living bridge’, a phrase popularised by Indian PM Modi to describe the relationship between the two countries based on a continuous exchange of people, ideas and culture. UK-India Business Council CEO, Richard McCallum, said: “With total trade growing 34% in current prices in the year to March 2023 and India remaining the 2nd largest source of FDI projects in the UK, there is no doubt that the economic relationship between our two countries is flourishing. “UK companies recognise that India is one of the fastest growing economies and one that is alive with opportunity in a range of sectors, including R&D, talent and manufacturing. Indian firms are also embracing UK technology and capital to grow internationally. “I'm encouraged to see the launch of this campaign, which showcases our countries' symbiotic relationship and the many cultural and trading opportunities both have to offer.” While at the G20, Secretary Badenoch will pitch for greater deployment of digital trade, which will cut red tape and make it easier for UK businesses of all sizes to buy and sell internationally. In New Delhi, she will meet some of India’s major businesses across a range of sectors, including BP, HSBC, Vodafone, Rolls Royce and Confederation of Indian Industry on Friday. She will also hold a bilateral with Tata Chair Natarajan Chandrasekaran, following their announcement last month of a new £4billion gigafactory in the UK. Her visit coincides with Round 12 of talks for an ambitious and comprehensive trade deal with India. She will meet with her counterpart Commerce Minister Piyush Goyal to take stock of negotiations and agree how to progress a deal which could boost our bilateral trade, already worth £36 billion last year.
ENDS Notes to Editors: Alive with Opportunity The 'Alive with Opportunity’ campaign kicks off today with a series of targeted trade missions, bringing the best of UK business to India in various sectors, from higher education to agri-tech to e-sports. This month, delegates from UK and Indian companies will share their innovations and expertise at the Agritech India exhibition in Bengaluru, followed by the Global Fintech Festival in Mumbai in September, International Railway Equipment Exhibition in Delhi in October, and Createch Mission to Hyderbad, Mumbai and Bengaluru in November, to name a few. In January, Indian companies will visit the UK for the first UK-India Roadshow, which will take place up and down the country. UK India FTA Negotiations India is an economic superpower, and the Indian economy is only set to grow. It’s projected to be the world’s third largest economy by 2030. The UK and India are currently in round 12 of negotiations, hosted in Delhi. Both sides have come forward with an ambitious set of asks. This phase of negotiations covers complex, sensitive, and commercially meaningful issues –including goods, services, and investment. We are working towards the best deal for both sides and won't sign until we have a deal that is fair, reciprocal and ultimately in the best interests of the British people and the UK economy |