FAPCCI and London Chamber of Commerce signed MoU

The Federation of Andhra Pradesh Chambers of Commerce & Industry organized an interactive meeting with Mr. Subhash V. Thakrar, Chairman, London Chamber of Commerce and Industry today 27th November 2012 at Federation House, Red Hills, Hyderabad.

In this occasion FAPCCI and London Chamber of Commerce signed Memorandum of Understanding to foster friendship and pursue trade and investment opportunities.On this occasion, FAPCCI and London Chamber of Commerce and Industry (LCCI), London signed a Memorandum of Understanding to foster friendship and pursue trade and investment opportunities in their respective economic regions by developing a friendly and cooperative relationship.  The MoU was signed by FAPCCI President Mr Devendra Surana and LCCI Chairman Mr. Subhash V. Thakrar. 

Accompanying a high level delegation of top London business people, Mr. Subhash V. Thakrar, Chairman, London Chamber of Commerce and Industry stated that their main mission is to promote London as the destination of choice for investors and international trade.   He mentioned that India is the world's second fastest growing economy, experiencing rapid urbanization and a growing consumer class. The Indian government has a target to invest £1trillion into infrastructure projects over the next five years. This all presents huge economic opportunities for London, both in attracting investment into the city and exporting goods, services and skills. For the last three years, India has already been among the top four global investors into London and the country's leading multi-nationals are already major employers in the UK.

On this occasion, FAPCCI and London Chamber of Commerce and Industry (LCCI), London signed a Memorandum of Understanding to foster friendship and pursue trade and investment opportunities in their respective economic regions by developing a friendly and cooperative relationship.  The MoU was signed by FAPCCI President Mr Devendra Surana and LCCI Chairman Mr. Subhash V. Thakrar. 

Mr. Srinivas Ayyadevara, Senior Vice President, FAPCCI, Mr. Colin Stanbridge, CEO, London Chamber of Commerce and Industry also spoke at the occasion.