In an effort to boost economic growth between the UK and India and investigate investment potential, UK Prime Minister Keir Starmer recently hosted a group of Indian CEOs and investors at Downing Street. This meeting comes after Starmer met with Indian Prime Minister Narendra Modi at the G20 Summit, where the two leaders reaffirmed their commitment to advancing the UK-India Comprehensive Strategic Partnership in a number of areas, such as education, health, technology, economic growth, security, and climate.
With assistance from the Confederation of Indian Industry (CII), the group held talks with important UK authorities, such as Foreign Secretary David Lammy and Chancellor of the Exchequer Rachel Reeves. They concentrated on strengthening bilateral relations and looking at prospects for a possible trade agreement between the UK and India. Currently worth £42 billion, commerce between the two countries supports over 6,000 employment in both sectors.
Starmer expressed his desire to open up more chances for cooperation while underscoring India’s importance as a key ally for the UK. He said, “I’m delighted to welcome some of India’s most senior business leaders to Downing Street and to outline the UK’s ambitious focus on economic growth and innovation” .
Bharti Sunil The founder of Bharti Enterprises and head of the Indian delegation, Mittal KBE, emphasized that India’s GDP is expected to grow to $5 trillion by 2027. He pointed out that the timing of this visit is crucial for India-UK relations, which have developed into a strong alliance based on shared history and economic dynamism. According to Mittal, there are a lot of chances for both parties to grow as a result of the ongoing negotiations for the India-UK Free Trade Agreement.
The High Commission of India in London threw an evening celebration to celebrate the two countries’ expanding friendship as the day came to an end.
