Narayana Murthy, new co-chairman of Indo-British Partership

By Our Special Correspondent

NEW DELHI, APRIL 10. Mr. N. R. Narayana Murthy, chief of Infosys Technologies, will take over as co-chairman of the Indo-British Partnership (IBP).

Mr. Murthy assumes office at a time when the IBP is changing gears and is poised to take on new dimensions especially in the IT field and enlarge British cooperation with different States of India and with new sectors of Indian industry.

Mr. Murthy, who heads India's second most valuable company and the first to be listed on Nasdaq, will take over from Mr. Kumarmangalam Birla, Chairman of the Aditya Birla group of companies. Mr. David Jefferies, Chairman of National Grid, U.K., is the co-chairman from the British side.

The Indo-British Partnership was launched in 1993 by the then prime ministers of Britain and India - Mr. John Major and Mr. P. V. Narasimha Rao - to provide a concerted industry-led initiative to enhance trade and economic cooperation between the two countries. Since then, IBP is stated to have been an effective instrument to promote bilateral trade and investment.

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Section  : Business
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