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UK team holds talks with CII

Staff Reporter

BHUBANESWAR: United Kingdom Trade and Investment (UKTI), British Government’s commercial wing, has identified mining and advanced studies, infrastructure, education and low carbon solutions as major sectors for strengthening business ties in Orissa.

A six-member UKTI delegation, led by British Deputy High Commissioner Sanjay Wadvani, held a discussion with Orissa chapter of Confederation of Indian Industries here on Monday

Mr. Wadvani said the British Deputy High Commission, Kolkata, and British Companies noticed the economic development of the Orissa as well as political stability.

Pointing out that mining was the key strength of UK industry especially coal mining, he said UK had huge strengths in all parts of the coal value chain such as prospecting, exploration, mine planning and designing, geographical assessment of coal deposits, rock mechanics, underground and open cast coal mining equipment and coal washing.

Moreover, UK companies had built reputation as a source of world-class expertise and capabilities in planning, design, construction and delivery of infrastructure globally, he said.

The British Deputy High Commissioner said, “in our discussions with educationalists and industrialists, we have come to believe that there is a disconnect between skilled manpower required and skilled manpower available. UK has a successful and adaptable demand driven system of vocational education and training that combines core skills education with training tailored to the needs of the industry.”

Similarly, low carbon solutions which was essential to meet challenges of climate change was highlighted.

Trade volume

According to him, the trade volume between India and UK has touched 12 billion pound sterling and about 500 UK companies have made investments in the country. Besides, UKTI has supported 2500 companies to enter India.

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