India-UK bilateral relations will touch a new high in the post-COVID world, as India is likely to be a priority country for the UK, leading to an enhanced economic partnership, according to a report. According to the Britain Meets India report, developed by CII and Grant Thornton Bharat, FDI inflow from the UK to India for a particular year increased from USD 898 million in 2015-16 to USD 1,422 million in 2019-20. Sandeep Chakravorty, Joint Secretary (Western Europe), Ministry of External Affairs, said, Besides a free trade agreement, mobility and an interim trade deal, we are working on a 10-year 360 degree roadmap to strengthen our relationship with the UK. Going forward, we see investments in India s clean energy sector coming from the UK.
New Highs: India-UK Ties Post Covid To Strengthen Economic Partnership, Says Report
FDI inflow from the UK to India for a particular year increased from USD 898 million in 2015-16 to USD 1,422 million in 2019-20, observed the report
PTI 21 February 2021 PTI/AP PTI 2021-02-21T16:27:03+05:30 New Highs: India-UK Ties Post Covid To Strengthen Economic Partnership, Says Report outlookindia.com 2021-02-21T16:38:09+05:30
India-UK bilateral relations will touch a new high in the post-COVID world, as India is likely to be a priority country for the UK, leading to an enhanced economic partnership, according to a report.
According to the Britain Meets India report, developed by CII and Grant Thornton Bharat, FDI inflow from the UK to India for a particular year increased from USD 898 million in 2015-16 to USD 1,422 million in 2019-20.
Representative image
NEW DELHI: India-UK bilateral relations will touch a new high in the post-Covid world, as India is likely to be a priority country for the UK, leading to an enhanced economic partnership, according to a report.
According to the Britain Meets India report, developed by CII and Grant Thornton Bharat, FDI inflow from the UK to India for a particular year increased from $898 million in 2015-16 to $1,422 million in 2019-20.
Sandeep Chakravorty, Joint Secretary (Western Europe), Ministry of External Affairs, said, “Besides a free trade agreement, mobility and an interim trade deal, we are working on a 10-year 360 degree roadmap to strengthen our relationship with the UK. Going forward, we see investments in India s clean energy sector coming from the UK.”
UK s investments in India continue to grow: Report
By IANS |
Published on
Wed, Feb 17 2021 20:06 IST |
0 Views
Growth chart. (File Photo: IANS). Image Source: IANS News
New Delhi, Feb 17 : India-UK relations will touch a new high in the post-Covid world, says a Grant Thornton Bharat-CII Britain Meets India report.
According to the report, India is likely to be a priority country for the UK, especially post Brexit, leading to an enhanced economic partnership.
The strengthening of partnership can be gauged from the developments on the investment front where FDI inflow from the UK to India for a particular year increased from $898 million in 2015-16 to $1,422 million in 2019-20.