UKIBC Partnership for Growth
India matters. And the UKIBC believes that an incoming UK government must prioritise India by forging a future-facing partnership that brings benefit to both countries.
By 2028 it will become the world’s third biggest economy. With the world’s largest population, the median age of its 1.4 billion citizens is just 28 years. Its geopolitical role is growing. Much work has already been done to lay the foundations of an ambitious Free Trade Agreement (FTA) between the UK and India. Concluding the FTA promptly should be a priority for the UK government. Getting this right will mean higher economic growth, better productivity and increased private sector investment in the UK. It will also build trust and strengthen the wider UK-India partnership in areas important to both countries such as defence and security and addressing climate change.
In this document we set out five central themes and ten associated recommendations that will help the next UK Government build an increasingly successful UK-India partnership.