London lord mayor coming to do business with Mumbai
October 7th, 2011 - 4:11 pm ICT by IANS
Mumbai, Oct 7 (IANS) London’s Lord Mayor Alderman Michael Bear will arrive here on a two-day visit Tuesday at head of a high-level business delegation offering British expertise in infrastructure, financial and other sectors, an official said Friday.
Bear will meet Reserve Bank of India (RBI) deputy governor Subir Gokarn, Securities and Exchange Board of India (SEBI) chairman U.K. Sinha, Infrastructure Development Finance Co Ltd (IDFC) CEO Rajiv Lall, and Mumbai Metropolitan Region Development Authority (MMRDA) Metropolitan Commissioner Rahul Asthana, the British deputy high commission official said.
The lord mayor, whose principal role is ambassador for all Britain-based financial and professional services, will address a Sea Trade Summit Wednesday.
“India is establishing itself as a global economic superpower. It is well documented that it is aiming to spend $1 trillion on infrastructure development by 2017 to sustain the outstanding levels of economic growth seen over the past decade,” Bear noted ahead of his visit.
Britain wants to be a key business partner with India to achieve this goal, he added.
The visit is the outcome of the announcements made by Prime Minister Manmohan Singh and his British counterpart David Cameron on the latter’s visit to India last year to target doubling the bilateral trade to 24 billion pounds of $38.4 billion by 2015.
A civil engineer and Master in Business Administration (MBA), Bear has worked on community development and infrastructure and financial projects around the world in the past 36 years.
- Pranab to address US-India economic summit Monday - Jun 26, 2011
- 'Mumbai mega infra-projects to be completed by 2013' - Mar 07, 2012
- Major meets in US to woo investors to India - Sep 04, 2011
- Know and grow with your customers, banks told - Nov 05, 2011
- Will ensure legitimate lending not denied to Bengal: RBI - Apr 01, 2012
- IDFC targets trebling loans in 5 years - Nov 14, 2010
- Britain to help develop Kolkata as financial hub - Oct 14, 2011
- Mumbai's longest flyover opens to public - Jun 06, 2011
- MNS activists demand repairs to Mumbai's new flyover - Jun 23, 2011
- Police rates hiked to tame inflation: RBI - Aug 12, 2011
- Six consortiums give bids for sea link - Mar 19, 2012
- UK Business Secretary meets Anand Sharma - Jan 19, 2011
- Inflation to remain high till November: RBI - Aug 18, 2011
- Mumbai's MMRDA grounds set for Hazare fast - Dec 25, 2011
- Food prices to ease with rains, says RBI Deputy Governor - Aug 06, 2010
Tags: bank of india, british counterpart, british expertise, business administration mba, business delegation, civil engineer, david cameron, economic superpower, financial projects, infrastructure development, manmohan singh, master in business administration, michael bear, prime minister manmohan, prime minister manmohan singh, reserve bank of india, sea trade, securities and exchange board of india, trade summit, visit britain