London: Tata Management Training Centre and UK Trade and Investment (UKTI) have joined hands to mentor and support innovative UK technology SMEs entering Indian market, UK Chancellor of the Exchequer George Osborne has said.
"Tata and UKTI will develop and deliver a programme of business-orientated education, mentoring and hands-on support for up to 20 UK technology SMEs. The pilot will be delivered over seven days and will take place both in India and the UK," Osborne said in a statement.
Speaking at an event at Lancaster House here yesterday, he said, "The package of business-oriented education, mentoring and hands-on support we announced Friday is a key component of UKTI's commitment to assist UK high-tech SMEs increase their understanding of the business culture of Indian firms and encourage the creation of partnerships."
Anwar Hasan, Director, Tata Limited in London said, "This announcement underscores our long-term commitment to the UK as we provide tangible support to help pioneering British SMEs to make their proposition compelling for potential Indian partners and customers."
Tata Group comprises over 100 operating companies in seven business sectors including communications and information technology, engineering, materials, services, energy, consumer products and chemicals. The group has operations in more than 80 countries across six continents.
The UKTI works with UK-based businesses to ensure their success in international markets and encourage the best overseas companies to look to the UK as their global partner of choice.
First Published: Friday, May 17, 2013, 20:08