Government: Ministerial Visits

House of Lords written question – answered on 25th March 2013.

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Photo of Lord Ashcroft Lord Ashcroft Conservative

To ask Her Majesty's Government, further to the Written Answer by Lord Green of Hurstpierpoint on 11 March (WA 20-22), how many of the participants listed as having accompanied the Prime Minister on his visit to India were employees of companies substantially owned by foreign interests.

Photo of Lord Green of Hurstpierpoint Lord Green of Hurstpierpoint The Minister of State, Foreign and Commonwealth Office, The Minister of State, Department for Business, Innovation and Skills

All companies participating in the trade delegation to India in February 2013 are either UK-based or have significant operations in the UK; providing thousands of UK jobs.

The majority of companies on the delegation were wholly UK owned. Some of the larger companies that were part of the delegation are publicly listed, meaning it is not feasible to stipulate the precise make up of their ownership.

In addition to the UK-owned companies, three major Indian IT companies who have made significant investments in the UK were invited to join the visit as advocates of inward investment. The companies that participated were Infosys, Polaris Financial Technology and Tata Consultancy Services.

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