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India and European Union are two of the world’s biggest economies, sharing universal values and beliefs. The European Union is India’s largest trading partner. With the objective of making India a world class manufacturing powerhouse, many campaigns (like Make in India, Digital India ) have been undertaken by the Government of India. These campaigns have provided a favourable opportunity to big business investors worldwide to invest in India’s growing economy. The European Union is India’s number one trading partner. Free Trade Agreement Negotiations were launched in the year 2007 to increase bilateral trade and investments between the two.
In light of the above, Indo-European Business Forum has been organising events on regular basis to facilitate the exchange of ideas among top corporate, business leaders and eminent personalities from India and Europe. We believe that India can offer strong and sustained business opportunities for European Union countries. Hereby, we take pride in announcing the event 2018 on ‘Invest in New India and strengthening India-European Union partnership and IEBF Excellence Awards, 2018’.
The two day event is scheduled to be held on 2nd and 3rd November, 2018 in London, with Dr Joseph Muscat, Prime minister of Malta as the Guest of Honour. The event is also to be graced by the presence of eminent personalities like Rt. Hon. Baroness Sandip Verma, Chairman of European External Affairs Committee and former Minister of Energy and Climate Change and International Development; Mr. Kapil Dev, former Indian cricketer and entrepreneur; Mr. Vijay Sampla, Minister of State for Social Justice and Empowerment; Mr. G.P. Hinduja, Co-Chairman Hinduja Group; Mr. S.P. Lohia, Group Chairman of Indorama Corporation; Mr. Anil Agarwal, Chairman of Vedanta Resources and many politicians, business leaders and professionals both from European Union and India.
The complete schedule of the event is as follows:
2nd November, 2018
Event No. 1:
Event No. 2:
3rd November, 2018
Event No. 1:
Event No. 2:
The agenda of the summit organized by IEBF strives to focus on the existing trade relations between India and the member countries of the European Union. The bilateral relationship between the two economies spans across various areas including foreign policy, security issues, sustainable development, modernisation, trade, and economics. India is a significant investment destination owing to the economic reforms. It has attracted a lot of foreign investment and moved towards the path of global integration. Foreign Direct Investment inflows have increased by 37% with the launch of the Make in India initiative. There has been a considerable improvement in the infrastructure sector of the country, especially technological infrastructure. Efforts are being made to make India a digital economy. Statistics show that there has been a substantial and steady increase in EU27 trade, i.e., both exports and imports have increased. In fact, trades have more than tripled since 2000. With its young, skilled workforce; high growth rate and deregulation; India is set to become a key destination for foreign investment.
Over the years, IEBF has been successfully organising business networking meets, in both London and New Delhi, to bring investors and dignitaries from both the economies on the same platform. Businesses networking meets held in New Delhi, the administrative capital of the country, are a confluence of top brains from the fields of business and finance and serve a good platform for promoting trade co-operation. Similarly, business networking meets held in London have witnessed high powered delegation from both the European Union and India every year, enabling exchange of knowledge, ideas and expertise. London is EU’s most competitive city to do business in, till Brexit of course. The city provides best prospects for business development and innovative thinking and has been adjudged as the most connected place to live in the world. It is home to massive global brands like Morgan Stanley, KPMG, to name a few; leading law firms; global banks and media agencies. These big brands are based in the financial district of Canary Wharf Street , which is the biggest employer of bankers and executives in Europe. Not only will an association with the Indian market give them a new arena to explore, it will also be an enriching experience for the Indian Companies who would get the much needed global exposure.
The summit intends to take on the challenge now to sustain the progressive growth and strengthen the economic partnership between the EU and India, thereby tapping into their full potential.