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India-UK economic ties News

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India-UK bilateral trade (both goods and services) stood at 36.3 billion pounds during the FY 2022-23 (April 2022 - March 2023), an increase of 34.2 per cent or 9.2 billion pounds from 2021-22.  
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Boris Johnson said, "A trade deal with India’s booming economy offers huge benefits for British businesses, workers and consumers" "As we take our historic partnership with India to the next level, the UK’s independent trade policy is creating jobs, increasing wages...."
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India and the UK have much more potential to push bilateral economic ties than being the third largest investor in each other's country, Prime Minister Narendra Modi said on Thursday, and called upon the British industry to seize the opportunities his country presents both in size and scale.






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