The Elite Ayrshire Business Circle

The Elite Ayrshire Business Circle

Sunday, 20 October 2013

Scotland forges stronger links with India

Bilateral trade agreements of over £8 million secured by Minister

Business, education, diplomatic and cultural connections between Scotland and India have been further strengthened through a visit over the past week by External Affairs Minister Humza Yousaf to Delhi and Mumbai.

[Pictured: External Affairs Minister Humza Yousaf at a VisitScotland event during his visit to Delhi and Mumbai.]

More than £8 million in bilateral trade agreements on clean water supply and healthcare were secured during his six-day programme, along with a further £6.5 million of investment in Scotland.

As well as accompanying the Queen’s Baton to New Delhi on the first leg of its international relay, ahead of the 2014 Commonwealth Games in Glasgow, Mr Yousaf met government representatives and existing and potential investors and hosted or attended events to promote and demonstrate the strength and breadth of relationships between Scotland and India.

[Pictured: The Queen’s Baton sets off from Glasgow to New Delhi on the first leg of its international relay, ahead of the 2014 Commonwealth Games in Glasgow.]

Mr Yousaf said: “I was overwhelmed by the warmth of the welcome I received in New Delhi and Mumbai, and by the enthusiasm for Scotland that I encountered at every turn. 

“The Scottish Government is determined to capitalise on the economic opportunities of the Glasgow 2014 Commonwealth Games to provide a lasting legacy for Scotland. And as one of the world’s fastest expanding economies, India is a top priority market for our companies. 

“Bilateral trade of this kind clearly generates jobs in Scotland, and the business agreements signed during my visit have illustrated that Scotland is appreciated as a nation that embraces and promotes innovation. Our remarkable strengths in education, technological innovation and leading edge research and development also ensure that Scottish companies are ideally placed to take advantage of this market.

“And we in Scotland should be gratified by the real and lasting difference that’s being made by projects supported by our International Development Fund which are significantly improving the lives of some of India’s poorest and most vulnerable people.”

[Pictured: Humza Yousaf visited the Nizamuddin urban renewal initiative in New Delhi – a project to restore the Mughal Emperor Humayan’s 16th century tomb.]

Features of the Minister’s visit included:

* announcement of a strategic agreement between Scottish technology company Dryden Aqua and Indian firm SVS Aqua to help improve the supply of clean drinking water in arsenic-affected water-stressed regions in India

* announcement of a distribution agreement between Perthshire-based company this-tel and Indian-based IT company Crane Global Solutions Ltd for its digital pen and associated e-health technology that will initially be sold into the Indian healthcare sector following a successful trial in a cancer hospital in Hyderabad and is expected to generate £4.6 million in exports. 

* announcing the construction of a new £6.5 million whisky distillery in Glenrothes, creating 15 jobs and generating a predicted £3.6 million in new exports to India, Africa and the Far East, in a partnership between Indian beverages group Kyndal and John Fergus & Co Ltd

* announcing that some of India’s most talented music acts will take part in next year’s Celtic Connections line-up in Glasgow, marking the beginning of the cultural calendar for the 2014 Commonwealth Games

* announcing a partnership introducing formal regulation of dental nursing to India, alongside National Occupational Standards, following the signing of a memorandum of understanding between Coatbridge College and Kuravackal Educational and Charitable Trust in New Delhi

* highlighting Scotland’s influence on the unique restoration of a UNESCO world Heritage Site during a visit to the Nizamuddin urban renewal initiative in New Delhi

* announcing Scottish Government funding for next week’s Power of Youth summit in New Delhi, which brings together 30 of the world’s most prominent young entrepreneurs to share ideas and expertise

* hosting a showcase of Scottish higher education to encourage more Indians to choose Scotland as a place to live, work, visit and do business

* finding out at first hand how international development projects funded by the Scottish Government are making a strong and lasting impact on some of India’s poorest communities.

Published by the Elite Ayrshire Business Circle.

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