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CII focuses on greater UK engagement for Indian SMEs
Calling for greater engagement from the UK business community, the Confederation of Indian Industry (CII) UK has tied up with King's College London's Indian Institute in London earlier this week to look into the support available for small Indian firms looking to expand into the UK as well as British SMEs looking at emerging markets.

Gunveena Chadha, Director and UK head of CII, as reported by ET said, “SMEs are very important as the next level of growth will come from that sector”.

Some of these Indian firms are internationalised with a presence around the world but when they come to the UK, there is a certain level of engagement missing, Chadha added.

The findings of a joint research that was conducted by academic of King's College London, Imperial College London and Indian Institute of Management Bangalore (IIM-B) was also analysed in the event on the impact of social networks in the founding and growth of trans-national SMEs.

Dr S. Arika Pruthi, lecturer in International Entrepreneurship and Strategy at King's College London said, “Our research focused on 15 case studies of trans-national entrepreneurs to gauge the extent to which social ties impact their business. What became clear is that one size doesn't fit all”.

Her co-researcher Professor Mathew Manimala from IIM-B continued his lines highlighting the important role played by SMEs in India, which command a 40% share of the country's exports

"It is clear that the British economy needs to engage more with Indian SMEs. It is an important time in India and the need for ground information has never been greater," Sunil Khilnani, Director of King's India Institute stated in his speech. 

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