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Scottish firms see India as third largest market: Minister

According to reports, Scotland today said that India offers huge potential for its companies in sectors like education, technological innovation and renewable energy, and called for forging deeper bilateral links.

“India is one of the top priority markets for us. There are 10 India companies who have set their footprint in Scotland and 13 Scottish companies are present in India. We are looking to expand in this regard.

“Our companies have identified India as the third largest market, which has huge potential,” Scotland Minister for External Affairs and International Development Humza Yousaf told reporters here.

The main sectors where Scotland can make meaningful contribution are education, technological innovation, oil and gas, renewable energy and software, among others, he added.

Yousaf is on a six-day visit to India to explore business opportunities and develop trade links between the two sides.

Two Scottish technology companies, Dryden Aqua and “this-tel”, today signed agreements with domestic firms that will help improve supply of clean drinking water across India and strengthen patient care in hospitals. Both agreements were facilitated by Scottish Development International, an agency that helps in attracting investment and boosting trade.

The Minister said Scotland is in talks with Bollywood production houses to invite them for film shootings in the picturesque nation.

“A few Bollywood productions houses have taken advantage of the scenic beauty of our country and we are in talks with more to do the same. We also provide incentives to encourage Bollywood shootings in Scotland.”

Scotland, Yousaf said, is also exploring direct aviation links with India. “The Indian diaspora in Scotland is growing. So, we are exploring direct aviation links between both the countries.”

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