India Week 2023: India, UK officials to discuss bilateral cooperation, economic growth | Daily News Byte

India Week 2023: India, UK officials to discuss bilateral cooperation, economic growth

 | Daily News Byte

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As the UK and India reach the final stages of agreeing a bilateral free trade agreement, global consultancy firm EPG is holding its annual meeting of change-makers, policy and business leaders for high-level discussions on relevant topics known as “India”. Week 2023″

EPG’s India Week seeks to celebrate these trends at several special events in Leicestershire, Oxford and London from 7-12 May 2023.

A free trade agreement between India and the UK is expected to boost economic growth and prosperity by increasing import and export flows; increase investment flows (both outward and inward); Increased productivity through more efficient allocation of resources; and greater openness to international competition.

The India Week 2023 event will kick off with an exclusive CEO’s Golf Weekend on May 7-8, before moving to the University of Oxford for the Education Leaders Conference and Awards on May 9, in partnership with over 40 of India’s leading educational institutions. with WBR.

Then, there will be a flagship Ideas for India conference in London on 11-12 May, including a dinner at the Houses of Parliament and a special dinner to celebrate UK-India relations. The conference will be held in partnership with leading think tank Bridge India.

FCDO Minister of State Lord Tariq Ahmed said the event “provides an excellent opportunity to celebrate the deep friendship between our two countries and look to the future. This is a trusted partnership that extends to trade as well.”

Labor Party Deputy Leader Angela Rayner said it was an honor to speak at the conference, adding that “people from the Indian diaspora strengthen our economy, culture and society – but are also at the heart of our communities.”

“India’s economic growth rate is among the highest among major economies today, as China struggles with a bloated infrastructure sector, bad local government debt, a zero-covid policy and an aging population. India’s inflation rate is lower than UK, US and other major economies. As the Western world shifts its supply chain and geopolitical dependence away from China, India stands to gain,” Pratik Dattani, Managing Director, EPG.

“This week-long celebration represents a window for India to go truly global. We are expecting more than 100 participants from India as well as more than 600 participants throughout the week.”

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