Now Indian companies can own office space free of cost in Nottingham, UK
Free office space for Indian company who is looking forward to setting up business
Nottingham is counted as the one of the lesser known or popular cities in the United Kingdom. The city has now come forward and announced that they will be offering free office space for Indian company who is looking forward to setting up business in that region. This office space will be completely free of cost for a period of two years. The main reason behind this announcement is solely to encourage all the Indian companies to look at London not just as any business location and more forward with that. As far as the city is concerned, the City Council of Nottingham comes under the East Midlands region of the United Kingdom.
The Nottingham city:
According to Nat Puri who is a Punjab-born businessperson as well as ambassador of Nottingham, the city is not limited to be only considered as the ultimate destination for setting up business but being cost effective, makes the city a much more fun place to stay in contrary to what other Indians feel, I came to the city just like that but ended up falling in love with the space. Representing the Nottingham City Council, Mr. Puri stated that the announcement is not a rumor but it is to encourage people to come to the city and own a 250 square meter office space, available in the heart of the Nottingham city. The business owner does not have a pay for atleast a year or two for that acquired office space. This move is towards breaking out the inertia and encourages Indian companies to explore the business options in the city. It is all about exploring out the business opportunities in the city.
According to Nottingham City Council’s Director of Economic Development, Chris Henning, this move is about providing soft balance for Indian companies. He further added that the city offers attractive investment platform for companies especially from India. This all can be attributed to the innovative businesses, which are developing faster than before apart from academic interest, making the city ultimate gateway for Traders in Europe. This is a long-term strategy targeted towards Indian businesses led by the council and comprises of companies like University of Nottingham and Nottingham Means Business. The main strategy is about building trust through Investment Bridge, which has proven to attract Indian businesses.
Chris also made another announcement to the University of Nottingham that requires them to work along with the Indian Consul General’s office located in Birmingham. According to Shuchita Sonalika, who is the Director and Head of CII’s UK operation; there has been a sudden increase in the interest shown by the Indian companies towards exploring business opportunities in some of the less popular area of the United Kingdom. Reports suggest that even Air India is looking forward to expanding their business around some of less known placed in the UK and might look into East Midlands airport as their hub for starting new flights. Nottingham city is known for having the highest employment rate in terms of knowledge-based services. The city council is focusing on the Nottingham city to make their regional business engagement strong.
