ICICI Bank and UK Trade & Investment (UKTI) have signed an MoU to help Indian firms capitalise on opportunities in the UK. The joint initiative is aimed at providing training events and additional inward investment assistance for Indian businesses looking to enhance their ability to grow in the UK. The key benefits through this partnership are exchange of resources between ICICI Bank and UKTI for businesses looking to expand in the two countries. They will also explore on conducting educational events specifically tailored for SMEs,across India. Programmes with specific industry and/or geographical region focus will also be organised to facilitate growth of the particular industry/ geographical region with advice and guidance from UKTI and ICICI Bank,on key issues relating to financing international trade, said a statement. Chanda Kochhar,MD & CEO,ICICI Bank,said,This collaboration will enable the Indian businesses to grow in the UK and vice versa. ICICI Bank has been constantly working on initiatives that will help elevate the eco-system for the Indian SMEs. Through this initiative we envision further awareness to the Indian businesses by means of knowledge and counseling sessions,thereby helping them take their buasinesses to the next level of growth.
