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Business and Energy Secretary urges British business to embrace India trade ties

Greg Clark has held talks with Indian government ministers and business leaders while visiting New Delhi.

Business and Energy Secretary Greg Clark has called for stronger bilateral trade ties and urged British companies to take advantage of a wealth of opportunities in India, following his visit to India yesterday.

The Business and Energy Secretary:

  • stressed importance of UK’s long-standing relationship with India and made clear UK is open for business
  • met with a number of Indian ministers during visit, including Power, Coal, New and Renewable Energy and Mines Minister Piyush Goyal

During his visit, the Business and Energy Secretary held talks with Indian government ministers and business leaders in New Delhi, reiterating that Britain is open for business and that India and the UK would mutually benefit from working together, particularly in the energy sector. The UK is already the largest G20 investor in India, while India is the third largest investor in the UK.

While in New Delhi, the Business and Energy Secretary discussed the UK-India business relationship and considered ways to develop even stronger trade links following the UK’s vote to leave the European Union.

Business and Energy Secretary Greg Clark said:

The UK has a long-standing trade relationship with India and we want this to grow and prosper. That is why I wanted to meet with government ministers and key business leaders in the country to make clear that the UK is open for business and will continue to thrive on the world stage.

The UK is already the largest G20 investor in India and I want to nurture these trade links further, deepening our co-operation on areas such as energy and infrastructure.

The Business and Energy Secretary also met with Power, Coal, New and Renewable Energy and Mines Minister Piyush Goyal and Petroleum and Natural Gas Minister Dharmendra Pradhan to discuss future co-operation.

The Business and Energy Secretary’s visit to India was the first by a UK Cabinet Minister since Theresa May became Prime Minister.