Gujarat – UKIBC Deal

Question : UKIBC stands for —
(a)UK India Business Council
(b)UK India Business Committee
(c)UK India business Cooperation
(d)None of the above
Answer : (a)
Related facts

Context

The UK India Business Council(UKIBC) has recently(July 2020) signed an agreement with Gujarat government(INDEXTB).

Aim

This collaborative partnership between the UKIBC and Government of Gujarat will help to boost business and industrial development in the state.
It will also aim to proactively enhance the business environment and strengthen collaboration with British businesses in Gujarat.

INDUSTRIAL EXTENSION BUREAU (INDEXTB)

INDUSTRIAL EXTENSION BUREAU (INDEXTB) is the premier agency focused on accelerating industrial development in the state.

UKIBC

The UK India Business Council (UKIBC) is a membership-based, non-profit organisation founded in 2007 to foster trade and business relations between the United Kingdom and India.

By — Pankaj Pandey

Link:
https://www.ukibc.com/gujarat-government-and-uk-india-business-council-sign-mou-to-strengthen-the-states-industrial-development/