04 May A soft landing and accelerated success
THE UK INDIA BUSINESS COUNCIL’S NEW BUSINESS CENTRE IN MUMBAI IS HELPING UK SMES SUCCESSFULLY ENGAGE WITH INDIA, SAYS ARUN NARAYAN OF THE UK INDIA BUSINESS COUNCIL
At the UK India Business Council we support UK businesses with the insights, networks, policy advocacy, services, business development opportunities and facilities needed to succeed in India. For those seeking practical advice, our specialist team provides a range of sector-specific research, market entry and expansion services that help businesses understand – and take – the opportunities.
For those setting up operations in India, we also provide a home-away-from-home with our network of UKIBC Business Centres in major cities, and an unrivalled network of government and business contacts, service providers and specialist UK India Business Council staff who can help support your business success.
We have three UKIBC Business Centres in Mumbai, Bangalore, and Gurgaon. These centres, backed by UKTI, incubate UK-based companies looking to set up in India, providing a soft landing in-country. The idea is to create a welcoming and world-class environment for those setting up in India, whilst at the same time helping them network and build business partnerships to grow their business in the Indian market.
Our latest centre which opened last year is located in Mumbai’s exclusive Equinox Business Park. We’re positioned at the entrance to Mumbai’s leading business district the Bandra Kurla Complex, or BKC, as it is locally known.
Situated in West Mumbai, the BKC is perfectly placed for UK companies seeking to access India’s main commercial city, and its world class financial and professional services, life sciences, and retail sectors. The district is also increasingly seen as Mumbai’s pre-eminent financial district and rival to the traditional business district.
Sitting on one of Mumbai’s main arterial roads, the ‘LBS Marg’ connects the Eastern Suburbs of Mumbai to Central and South Mumbai with the Equinox Business Park also providing easy access to Mumbai’s international and domestic airports. As a result, the Park hosts many international companies.
Of course our managed office space, meeting rooms, conference facilities and virtual offices combine easy access, full security and hi-tech facilities to create a home base that will be familiar to any company that has used similar facilities in other countries.
Our ability to give UK companies the best chance of success in the Indian market, through our extensive in-country networks, stream of business development opportunities and specialist support staff, sets the Mumbai Business Centre apart from a traditional business centre.
All of our centres, including Mumbai, run a wide variety of networking events and, through our Sector Policy Groups, we enable business people to meet each other, identify potential partners, suppliers and customers, and to learn from top business leaders and commentators, including those on our Advisory Council.
On top of this we employ specialist staff in range of sectors who are available to give you guidance and advice on everything from the right route to market for your products to the identification of and introduction to suppliers, distributors, competitors, and potential business partners. Whilst our staff understand the needs of UK firms and how to operate in India, they are also passionate about sharing their knowledge and promoting interactions.
Having facilities on the ground also allows us to go one step beyond your typical market entry consultant.
Through Launchpad® we can employ a dedicated consultant to work exclusively on a company’s behalf. This allows us to take on the legal administrative, and financial technicalities and responsibilities so you can focus on your market entry strategy. This means we can de-risk your market entry, insulating you from taking on long term obligations before you’ve fully committed to the India opportunity.
And when you’re ready, we can help you incorporate as well.