BOSSES of some of Indias biggest chemical companies are taking a tour of the regions process industry centres as they look to make further investments in Europe.
The North East of England Process Industry Cluster (NEPIC) is showcasing the regions capabilities in the sector to 10 companies from the Indian Chemical Council (ICC) and officials from the Indian government from August 30 to September 2.
The Indian economy is one of the worlds most robust and as it continues to grow, its government and industry leaders are studying the potential for further investment and trade.
Dr Stan Higgins, CEO of NEPIC said: NEPIC has fostered relationships with the Indian chemical industry for many years and are seen by the ICC and its members as partners.
We have Memorandum of Understandings (MOUs) in place with ICC and a number of chemical industry clusters in India.
I am pleased to say more companies from our region are realising the opportunities that are available to them on the sub continent, where the economy is still growing at over 10% per annum.
Many Indian chemical companies are now significant global players and expanding into Europe. We want them to come to the UK to establish European business bases especially here within the NEPIC family.