Rajesh Agrawal, Deputy Mayor of London for Business, will lead a trade mission to India to strengthen economic ties and promote London-based businesses.
Rajesh Agrawal, the Deputy Mayor of London for Business, is set to lead a high-profile trade mission to India starting on March 13. The week-long mission, organized by the Mayor’s International Business Programme, will bring together over 20 London-based businesses looking to explore opportunities in the Indian market.
The mission aims to strengthen the economic ties between London and India, which already has a thriving business relationship. According to the Mayor’s office, trade between London and India was worth £10.8 billion in 2019, making India one of London’s top trading partners.
Rajesh Agrawal, who is himself an entrepreneur and businessman, is well-placed to lead the mission. He was born in India and has extensive experience working in both India and the UK. Agrawal is also the founder of RationalFX, a successful foreign exchange and money transfer company.
Speaking ahead of the mission, Agrawal said: “I am delighted to be leading this trade mission to India. As someone who was born in India, I understand the tremendous potential of the Indian market and the opportunities it offers for London businesses. I am looking forward to showcasing what London has to offer and exploring new avenues for collaboration between our two great cities.”
This mission will focus on sectors such as fintech, healthcare, and education, where there is significant potential for collaboration between London and India. The mission will also provide an opportunity for London businesses to meet with Indian investors, explore new markets, and build relationships with key stakeholders.
The Mayor’s International Business Programme, which is supporting the trade mission, provides a range of services to London-based businesses looking to expand globally. The programme has supported over 1,200 businesses to date, helping them to secure over £500 million in investment.
This comes at a time when both London and India are looking to strengthen their trade relationships with each other. London, as a global financial centre, has a lot to offer Indian businesses looking to expand overseas. Similarly, India’s rapidly growing economy offers huge potential for London-based businesses looking to explore new markets.
The trade mission is taking place at a critical time, with the world still grappling with the COVID-19 pandemic. The mission will adhere to strict health and safety guidelines to ensure the safety of all participants. Agrawal and the Mayor’s International Business Programme have worked closely with Indian authorities to ensure that the necessary measures are in place to mitigate the spread of the virus.
The event is particularly significant as it comes in the wake of the UK’s departure from the European Union. London, as a leading global financial centre, is looking to strengthen its ties with other countries outside of the EU. India, with its growing economy and expanding middle class, presents a unique opportunity for London-based businesses.
It will also highlight the cultural ties between London and India. The mission will include visits to cultural sites, networking events, and opportunities to meet with local business leaders. This will help to build a deeper understanding between the two countries and foster stronger relationships.
Rajesh Agrawal’s role as Deputy Mayor for Business has been instrumental in promoting London as a hub for innovation and entrepreneurship. He has been a vocal advocate for small businesses and entrepreneurs, and his leadership of this trade mission demonstrates his commitment to supporting London-based businesses.
Overall, the trade mission led by Rajesh Agrawal is an important step in strengthening the economic ties between London and India. With both cities looking to expand their global footprint, the mission offers a unique opportunity for businesses to explore new markets, build relationships, and drive economic growth.
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