Nick Clegg’s India visit
The Deputy Prime Minister Nick Clegg led the first major trade mission to India since Prime Minister Narendra Modi was elected in May. Manish Tiwari joined the likes of Ed Davey, Secretary of State for Energy and Climate Change, and Lord Dholakia, the Deputy Prime Minister’s India Business Adviser as part of the delegation from the UK.
With India’s economic growth, Nick Clegg said: “The United Kingdom is a major investor in turn in India. We have about £16 billion worth of bilateral trade between our two countries taking place per year. I think we could easily increase that to our target of £22 billion.”
A gala reception was held at the Taj Mahal Palace Hotel where brand GB woke up to the prospect of investing in India, with the likes of Sheffield-based shoe brand Pavers expanding their presence in India. Along with businessmen like Abhishek Lodha who spoke about the Trump Towers, the reception was even attended by cricket stalwart Kapil Dev.