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INDIA Market Support and Retail Briefing. Steve Toogood Director IFB Liverpool Chamber 2014. UK India Business Council. Led by Business A wide network of members from a diverse range of industries, providing access to opportunities and incredible networks. Backed by Government
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INDIA Market Support and Retail Briefing Steve Toogood Director IFB Liverpool Chamber 2014
UK India Business Council Led by Business A wide network of members from a diverse range of industries, providing access to opportunities and incredible networks Backed by Government Backed by Government to promote bilateral trade and investment between the UK and India Supported by Partners A networking platform reaching 1,000 India and UK based companies, supported by our nine strategic partners Work closely the British Business Group (BBG) to help UK SMEs grow their business in India
Key Sector Focus Advanced Engineering and Manufacturing Skills and Education Digital Innovation Financial Services Life Sciences and Healthcare Infrastructure Retail, Lifestyle and Logistics
Consumer Demographics • 572 million are under the age of 24 • India's middle class will expand from 5-10% of the population today to 90% in 2039. 1billion people in the middle class. (OECD) • High Net-worth Individuals in India, with assets of $1 million or more, would more than double to 400,000 by 2015. (Barclays Wealth) • Consumers in Tier 2 and Tier 3 cities constitute over 50% of luxury buyers in India. • Rural India accounts for 60% of consumption and is expected to generate 30% more expenditure in the next 20 years.
UKIBC India Footprint Operational or confirmed Online 2015-2017
Thank You Steve Toogood Director steve.toogood@ukibc.com www.ukibc.com 07964 401467