bizpay accepted to join the first cohort of the Access India Programme
Access India, a newly launched market entry support programme is the first of its kind for supporting UK businesses access the Make in India initiative of the Government of India. The programme will solely focus on providing support to small and medium UK enterprises.
India and UK remain committed to working together to substantially increase trade and investment opportunities. During the visit of Shri Narendra Modi, Hon’ble Prime Minister to the UK during November 12-14, 2015, and again during the visit of the Prime Minister of UK to India from November 6-8, 2016, the Prime Ministers of both the countries agreed to continue working towards strong, sustainable and balanced growth, and agreed on the importance of structural reforms and pursuing credible fiscal policies in order to raise living standards
Under the Access India Programme, both governments seek to identify high-potential UK SME companies and assist them in establishing themselves in India. For these companies, the programme will provide a detailed programme of activity, mentoring, networking opportunities and market entry support services. These services could be in areas including strategy advisory, operational market entry support, tax & legal support, financial services, project financing, M&A, location services, technology collaboration, facilitation of approvals from central and state agencies will be provided.
Through this programme both governments will focus on the UK SMEs that possess high-end technologies and innovative products. These companies not only require the necessary market information, but also information on the business processes involved in market entry. An intensive and sustained effort to engage them, going beyond publicity and information campaigns can significantly help in mobilising these SMEs to Make in India.