UK’s minister for investment on India visit
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New Delhi: Britain’s Minister for Investment Lord Dominic Johnson on Wednesday arrived in Bengaluru to explore ways to strengthen the UK-India partnership in areas of trade, technology and life sciences.
Lord Johnson is visiting Bengaluru and Pune to meet investors and leading Indian businesses, including Infosys and Zensar, to drum up investor interest in the UK, the British high commission in India said.
“It is fantastic to be in India again visiting the vibrant cities of Pune and Bengaluru to find out how our strong cultural and economic ties mean investors and business leaders continue to choose the UK,” the minister said.
During his trip, Johnson will meet investors and leading Indian businesses, including Infosys and Zensar, in Bengaluru and Pune to promote investment in the UK. He will also promote the Global Investment Summit 2023, an event showcasing UK successes in life sciences, deep tech, nuclear fusion, and manufacturing.
The UK-India investment partnership has already seen over £28 billion invested in each other’s economies, supporting more than half a million jobs. In the four quarters leading to Q3 2022, total trade between the countries amounted to £34 billion, a 51.7% increase from the previous year, making India the UK’s 12th largest trading partner.