"It's not just a piece of paper, it's a launchpad for growth. With India set to be the third biggest economy in the world by 2028, and trade with them about to become quicker and cheaper, the opportunities waiting to be seized are unparalleled. That's why I'll be flying the flag for British business alongside 125 of our biggest household names in Mumbai this week - because growth in India for them means more choice, opportunity and jobs at home for the British people."
"The Prime Minister's trade mission to India signals real progress in turning the UK-India trade partnership from policy into tangible impact. By bringing together business leaders, entrepreneurs, and academic institutions, this mission shows how collaboration and innovation can translate strategy into measurable economic outcomes. India is already the UK's 11th largest trading partner and one of its most significant global investors."
The Prime Minister embarks on the UK's largest government trade mission to India, joined by 125 prominent CEOs, university vice chancellors, entrepreneurs and cultural institutions. A landmark UK-India trade deal signed in July will reduce longstanding trade barriers, streamline market access and make trading with India quicker and cheaper. Projections estimate the agreement will boost UK GDP by £4.8 billion annually and increase wages by £2.2 billion while delivering tangible benefits to communities. The mission aims to convert the agreement into increased British business presence in India, more choice and jobs at home, and strengthened industry-academic collaboration.
Read at London Business News | Londonlovesbusiness.com
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