India launches programme to attract UK investments


India has launched a new initiative to attract investments from small and medium enterprises (SMEs) in the UK by providing them the hand- holding.

Access India Programme (AIP), launched by the Indian High Commission in the UK along with knowledge partner UK India Business Council (UKIBC), will work as a market entry support system for smaller companies with a potential to expand into the Indian market.

The Indian High Commission and UKIBC will study and thereafter identify UK SMEs which have considerable potential to succeed in the Indian market. A group of about 50 companies will be initially identified by the end of this year to begin their entry process from early 2018.

The AIP will include six annual workshops and mentoring programmes to encourage a flow of SMEs into India.