Gate 7, a Gateshead-based firm that specialises in supplying decals and printed components to the agricultural, industrial and construction equipment sectors has extended its global reach by upping its exports to India.
With support from the Department for International Trade (DIT), the North East firm began shipping products to India in 2010. The country now accounts for 12 per cent of Gate 7’s total export revenue.
According to a report by business website North East Connected, the firm is now looking into the possibility of opening an office and establishing a production facility in India.
Kate Wickham MBE, Gate 7’s managing director, said: “Exporting has been in our DNA from the start. Because we provide a very specialist service, we’re naturally limited by the size of the UK market, and having a global reach enables us to boost both our profitability and resilience.
“The Indian market is very lucrative for our business but building our presence there has not been without its challenges.
“Through trade advisers here in Gateshead and on the ground in India, DIT has helped us identify buyers across the country, as well as offering cultural insight into the ins-and-outs of doing business.”
David Coppock, Head of the North East, Department for International Trade, added: “Gate 7 is an outstanding example of a North East firm that has worked hard to capitalise on the huge opportunity for growth available to British businesses overseas.
“Last year, exports from the North East totalled an impressive £12.9bn, an increase of 8 per cent on the year before.”