London & Partners, the Mayor of London's inward investment company, is on a mission. A mission to identify the top 20 high-growth companies in India that could become relevant on a global scale. It is with this in mind that that they have launched the global India Emerging 20 (IE20) programme. IE20 is also supported by BDO India, Newland Chase, UK Trade and Investment and British Airways.
London & Partners has a proven track record of working with over 2,000 international businesses, and helping them with their global expansion plans. “We have developed the India Emerging programme to support Indian businesses looking to succeed globally, offering a unique opportunity for 20 fast-growing businesses to showcase themselves on the international stage,” says Gautam Sehgal, vice president and chief representative, London & Partners, India.
With an unprecedented number of leading companies hitting global scale and reach, IE20 aims to discover the 20 most promising global Indian companies and provide them the visibility and platform to make a mark in the global arena.
IE20 is a unique opportunity to position businesses on the global stage. The winners will gain attention and visibility among global media and trade, which in turn will facilitate international partnerships, alliances and other opportunities.
The winners will be flown to London, and will get an opportunity to meet and interact with senior business leaders and decision makers. The award ceremony will be an unmatched platform to network with global advisors, investors, employees, and customers.
Gordon Innes, CEO of London & Partners, adds that, “As one of the world's fastest developing economies, India is an important business partner for London and the UK. With a growing technology sector and a highly skilled workforce, India has developed shared strengths with London and it is no surprise that India is our second biggest market for foreign direct investment into London.
In order to be eligible for nominations, companies must be:
- Based in India, have been established in or after 2000, and have global ambitions.
- Working in Information Technology, Communications, Creative, Life Sciences, or Financial and Business Services (predominantly knowledge-based companies)
The companies will be a part of a three-stage process that has a robust rating model developed by ValueNotes, the knowledge partners. “Our selection process and rating model has the flexibility to assess companies based on their business models and across a variety of industries,” adds Gautam.
While there's a standardised form for all companies, the rating parameters and weightages differ depending on the business environment, products, and services.
The companies would be rated on three broad parameters:
- Global scalability
- Innovation and differentiation
Gordon adds that London's easy access to European markets and world-class talent pool, makes the city an attractive destination for Indian businesses looking to go international, and London & Partners looks forward to helping the next wave of Indian businesses choosing to make London their home.
Gautam says that these organisations will get an opportunity to meet and interact with senior business leaders and decision makers from leading global companies, thereby enabling them to gain attention and visibility among global media and trade, which in turn will facilitate international partnerships, alliances and other opportunities. The Awards ceremony and an exclusive programme for the IE20 companies will be organised towards the end of February 2016 in London.