Modi welcomes Starmer in Mumbai as India and Britain aim to increase bilateral trade

Modi welcomes Starmer in Mumbai as India and Britain aim to increase bilateral trade

Reuters. British Prime Minister Keir Starmer and his Indian counterpart Narendra Modi will celebrate their countries' deepening commercial ties on Thursday (October 9) with an announcement of further Indian investment into the UK and a meeting between the two.

Starmer's office said he would use the second and final day of a trip to India to discuss a recently-sealed trade deal as well as a technology security initiative launched in July last year.

It also said that 64 Indian companies would collectively invest 1.3 billion pounds ($1.75 billion) in Britain, announced during a visit of the UK's largest ever trade mission to India, with more than 100 companies and organizations traveling with the prime minister.

The deal between the world's fifth and sixth largest economies, agreed after U.S. President Donald Trump unleashed tariff turmoil, aims to increase bilateral trade by a further 25.5 billion pounds by 2040. 

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