G P Hinduja, co-chairman Hinduja Group of Companies and Baroness Verma, Britain's Minister of Climate Change and Energy jointly organised a reception last night.
The ceremony was attended by Britain's Minister for India Gregory Barker, Lord Gulam Noon, Lord Loomba, Keith Vaz, Chairman of the Home Affairs Committee, Valerie Vaz, MP.
G P Hinduja spoke about the vast potential for increasing trade between the UK and India and the appointment of Goel would help in realising the potential.
He had a special word of praise for Tata Group for what they had done in reviving the Jaguar Land Rover and selling a record number of British made cars in India.
Goel said, "The Asian Business Association is now seen as the most important Forum for Asian Businesses in London and is the true reflection of Asian Businesses in the UK.