"As Prime Minister Keir Starmer leads an historic international trade delegation to Mumbai this week alongside India's Prime Minister Narendra Modi, new efforts to boost export opportunities for Britain's 5.6 million small businesses are also high on the agenda. Although small businesses make up 99% of British businesses and half of private sector turnover, 2024 Government data showed that just 22% of small businesses currently export their goods or services."
"The data also found that of those UK small businesses trading internationally, only 12% currently export to India. A key objective of this week's trade delegation will be to help to boost further UK-India trading opportunities, especially on the back of a landmark UK-India trade deal announced earlier in the summer."
"Small businesses across the UK will be further supported in unlocking vital export deals as part of the Great British Pitch, taking place at BT's London office on 5th November during International Trade Week. Over 100 handpicked, export-ready businesses from across sectors including technology, food & drink and the creative industries will be provided with tailored training and coaching, before pitching via live-stream to an audience of international buyers, trade experts, and investors in markets across the world."
Prime Minister Keir Starmer is leading an international trade delegation to Mumbai alongside India's Prime Minister Narendra Modi to increase export opportunities for Britain's 5.6 million small businesses. Government data shows small businesses account for 99% of firms and half of private sector turnover, yet only 22% export and merely 12% of those export to India. Efforts include leveraging a landmark UK-India trade deal and staging the Great British Pitch at BT's London office on 5 November. Over 100 handpicked export-ready firms will receive tailored training and pitch via live-stream to international buyers, supported by advisers and the Department for Business and Trade.
Read at London Business News | Londonlovesbusiness.com
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