Serum Institute of India leads cross-sector Indian investments into UK
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Serum Institute of India leads cross-sector Indian investments into UK
yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
£1bn UK-India trade deals to create 6,000 UK jobs © Getty Images Mr Johnson previously met with the Prime Minister of India at the 2019 G7 summit
The prime minister has announced new trade and investment deals with India worth £1bn.
It includes more than £533m of new investment from India into the UK, which is expected to create about 6,000 jobs.
Downing Street said the new partnership will pave the way for a future UK-India Free Trade Agreement. The economic links between our countries make our people stronger and safer, said Mr Johnson.
The deal, announced ahead of a virtual meeting with India s Prime Minister Narendra Modi, includes a £240m investment by the Serum Institute of India, which will support clinical trials, research and possibly the manufacturing of vaccines.