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CII UK India Business Forum has been re-launched in London

Published on March 21, 2024
Current Context: The Confederation of Indian Industry (CII) UK India Business Forum (IBF) was indeed relaunched in London on March 19, 2024.
CII UK India Business Forum has been re-launched in London
  • This event marked the revival of the forum after a hiatus that began with the onset of the COVID-19 pandemic.
  • The forum is now chaired by Keshav R Murugesh, the UK-based Group CEO of Mumbai-headquartered multinational business process management company WNS.
  • The relaunch signifies a renewed commitment to fostering stronger economic and strategic ties between India and the UK.
  • CII Director General Chandrajit Banerjee emphasized the need for deeper connections that extend beyond business, including capacity building and preparing for the future job landscape.
  • The forum aims to bridge the knowledge gap about the bilateral relationship and explore joint ventures in emerging sectors.
  • The relaunch comes as the two countries continue to finalize a Free Trade Agreement (FTA).
  • Bilateral trade in goods and services reached £38.1 billion in the four quarters to the end of Q3 2023.

Question:

Q.1 What is the primary aim of the UK India Business Forum (IBF)?
a. To foster stronger economic and strategic ties between India and the UK
b. To finalize a Free Trade Agreement (FTA) between India and the UK
c. To increase bilateral trade in goods and services between India and the UK
d. All of the above
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