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Cameron holds round table with industry captains

Sanjay Jog/Mumbai 18 Feb 13 | 05:39 PM

UK Prime Minister David Cameron had  a brief round table meeting with India's leading industrialists. Those who were present for half hour close door interactive session included Godrej Group chairman and CII President Adi Godrej, Tata Group chairman Cyrus Mistry, Aditya Birla Group chairman Kumar Mangalam Birla, Anand Mahindra, chairman and managing director, Mahindra & Mahindra, Shashi Ruia, vice chairman, Essar Group, Ashok Hinduja, Executive Chairman of Hinduja Ventures Ltd, Baba Kalyani, chairman and managing director, Bharat Forge and Sanjay Kirloskar, chairman and managing director of Kirloskar Brothers Ltd.

A UK deputy high commission official, who did not want to be identified, told Business Standard "The round table was an informal one where Indian industry leaders discussed enhancement in trade and investment ties between India and UK."

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Meanwhile, some representatives of 200 member British delegating accompanying UK Prime Minister held separate meeting with representatives of Indian banks and industries. Some of the key Indian members present at the meeting included Chanda Kochar, managing director, ICICI Bank, Rajiv Lall, CEO & MD, IDFC and Meera Sanyal, Chairperson and Country Executive for RBS Group.

These meetings deserve importance given that the UK Prime Minister has indicated that his country's companies are keen to help India develop new cities and districts along a 1,000 km (600 mile) corridor between Mumbai and Bangalore, generating investment projects worth up to $25 billion. Further, India and UK hope to increase their annual trade to about $34.15 billion by 2015.

Sensex

Company Price Gain (%)
Larsen & Toubro1,377.302.48
GAIL (India)384.201.48
B H E L189.301.42
Tata Steel426.601.32
M & M1,036.751.22

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