London: Prominent entrepreneurs advancing cross-border partnerships between India and Europe were celebrated at the Indo-European Business Forum (IEBF) Global Business Meet 2024, held at the House of Lords complex in London. The event, themed the Viksit Bharat Investment Summit, focused on highlighting investment opportunities tied to India’s ambitious goal of becoming a developed economy by 2047.
Kanishka Narayan, a Welsh Indian Labour MP who recently visited India, emphasized the shared economic ambitions of India and the UK.
“Both nations are focused on chasing the future, with India’s vision to 10x its GDP by 2047 aligning with the UK’s mission of economic growth. The symmetry of our goals is striking,” Kanishka Narayan remarked.
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Among the honorees were several innovators driving advancements in technology and finance. Ashesh Jani, Co-founder and CEO of Ribbon Plc, received the Fintech of the Year award for supporting Indian students and professionals navigating international financial systems. Shreeram Iyer, Chairman and CEO of Prisma.ai, was recognized as the Global Firm of the Year for breakthroughs in AI-driven visual recognition for image and video analysis.
Other awardees included Narnolia, a leading Indian firm in fund management and investment advisory, which was named Top Fund Manager of the Decade. Manish Tiwari, founder of Here and Now 365, received the British Indian of the Yearaward for promoting India-UK partnerships.
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Vijay Goel, IEBF founder, highlighted the event's backdrop of renewed India-UK Free Trade Agreement (FTA) discussions, expressing optimism about a deal being finalized next year. “Our forum aims to build trust and collaboration across sectors while promoting the Viksit Bharat mission in Europe,” Vijay Goel noted.
Karnataka’s Labour Minister, Santosh Lad, made a compelling case for his state as a prime investment hub, citing its leadership in IT and an abundant skilled workforce. “Karnataka stands ready for investors with its industry-friendly policies and immense potential,” he said.
Hosted by British Indian peer Baroness Sandy Verma, the gathering included parliamentarians, diplomats, and business leaders, reinforcing economic ties and shared ambitions between India and the UK.
FIRST Business Portal addressing the potential of business capability of North East Region.
