(Feb 2012) Employers need to be convinced that investing in skills training has a direct positive impact on their bottom line. It is imperative that investing in a more skilled and productive workforce generates concrete business results. There is now significant evidence that employers who invest in training find that they do get a return on their investment. In Ireland, for instance, a 2001 study of over 650 businesses found that training that a significant positive impact on productivity growth. BAE systems commissioned a study into the ROI for their apprenticeship programme which found that each employee who has completed an apprenticeship contributed £84,000 of added value to the business each year, compared to the £73,000 it costs to train them.

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The UKIBC Sector Subscription- tailor made for SMEs looking to enter India or are new to India. We all know that entering new markets is never an easy option but the case for export is equally compelling. According to the UKTI, firms that export increase their productivity by 35 per cent in the first year alone; they achieve stronger financial performance and are more likely to stay in business.

The UK India Business Council's Sector Subscription service helps SMEs understand the India opportunity and how to access it. Companies receive market intelligence, including monthly sector views, quarter reports, free access to sector events, and access to delegations. All for an annual fee of only £100 plus VAT.

 This service provides:

• Frequent news updates via the UKIBC website e.g. transactions, government announcements, press reports, etc.
• Monthly Sector views
• Quarterly sector report, featuring market trends, case studies of UK companies succeeding in India, profiles of leading Indian businesses, and business opportunities
• Access to UKIBC events in your particular sector
• Access to visiting delegations from India
• Discounted fees for UKIBC delegations in your sector

Sector subscription is available for only £100 + VAT (per sector per annum).

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Plenty of projects are underway, and they’re moving quickly.

The UK India Skills Forum is working on projects with big Indian corporates. It’s also talking to the UK and Indian governments about how to meet training and skills targets.It’s in talks with a big automotive company and a major energy organisation about internal training. And they’re looking to collaborate with a major skills and training provider. Learn more about the UK India Skills Forum here

Tata Chemicals are undertaking a joint venture with the National Skills Development Corporation to train rural trainers in proper agricultural chemical use. And Centum Learning plan to train 11.7 million people over the next decade – 56 UKISF companies have already said they want to be involved. 

• March 2012 - Skills and Education report
• December 2011 - Skills and Education report

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