Wednesday, Nov 12, 2003
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By K. Ramachandran
``We met officials of nine information technology-related companies from here as also Bangalore. We are sure that some of them would come back with proposals for investments,'' says the WDA executive vice-president, Asia-Pacific, Andrew Davis. An integral part of the United Kingdom, Wales is marketing itself as a place for Indian companies to land in and grow, as a springboard for taking advantage of the 700-million strong market in Europe. Though the Indian investments were not substantial now, the WDA was confident of reaching substantial levels in two or three years, said Mr. Davis. The concentration was in the IT sector. Wales had the critical mass to support all aspects of IT, including skilled software and hardware developers for telecom, computing, networking, multimedia, data hosting and call centre operations. Wales was an integral part of the M4 corridor — home to over 1,300 software companies, with 11,000 skilled personnel. It housed major broadcasters including the BBC, HTV and S4C. It had a national 3,50,000-mile fibre optic network. A $147-million national broadband initiative would extend high speed connections to another 310,000 homes and 67,000 businesses in the next five years. British Telecom had opened a $140-million data centre at Cardiff. Major international players in the aviation, manufacturing, automotive, biotech, telecom and food processing sectors were also located in Wales. The WDA (www.wda.co.uk and www.locate-in-wales.com) was created to further the cause of inviting foreign companies. It provided recruitment advice and support for employment training, guidance in selection of property, sites or land development. A `Welcome to Wales' initiative helped with re-location issues for individual and accompanying families, had dedicated project management support, and helped in obtaining grants and financial incentives. Indian companies involved in web services, customer relationship management and enterprise relationship planning, and financial services were those exuding interest now, said Jan Bell, WDA's business development manager (international division).
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