Twenty of India's fastest-growing companies were today felicitated with the prestigious London Mayor's awards for their innovation and high-growth promise.
The Mayor's India Emerging 20 (IE20) business programme covers companies from regions across India and represent some of country's stand-out ventures specialising in technology, life sciences and business services. They will now receive help from the Mayor's office in setting up or expanding their business in London.
"London has strong cultural and economic ties with India, and Indian businesses make an important contribution to our city," said London Mayor Sadiq Khan.
"Following my visit to India last year, I see lots of opportunities to strengthen investment between London and Indian cities," the Pakistan-origin Mayor said.
The 20 winners were chosen from over 300 applications from some of India's leading business hubs such as Mumbai, Bengaluru and New Delhi.
The IE20 programme was launched by the Mayor of London's official promotional agency, London & Partners (L&P), in collaboration with BDO and Lalit Hotels, with the aim to identify some of India's most ambitious companies that are considering international expansion.
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The winners are given the chance to benefit from discounted rates on a London office and tailored expert advice on marketing, access to finance and local market analysis.
Rajesh Agrawal, London's Indian-origin Deputy Mayor for Business, said: "London is the best city in the world in which to grow a business, so I am delighted that these exciting companies will now be able to explore opportunities to expand here in the capital.
"It is now 16 years since I moved from India to London. This great city welcomed me with open arms and thanks to its entrepreneurial spirit helped me to launch two successful businesses. It is great news that these 20 companies will now be able to experience the same welcoming business environment that I enjoyed."
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