UK Investment Minister visits India to strengthen bilateral investment partnership
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The Department for Business and Trade (DBT) said that after Bengaluru, the Investment Minister will travel to Pune to meet leading Indian businessmen and investors, including Infosys and Zensar, to increase investor interest in the UK.
UK Investment Minister Lord Dominic Johnson left for India on Wednesday with an aim to strengthen the bilateral investment partnership in technology and life sciences and accelerate trade talks. The Department for Business and Trade (DBT) said that after Bengaluru, the Investment Minister will travel to Pune to meet leading Indian businessmen and investors, including Infosys and Zensar, to increase investor interest in the UK. Johnson’s visit comes at a time when officials working on a Free Trade Agreement (FTA) between the UK and India are holding the 9th round of talks this week.
Johnson, who visited Mumbai and New Delhi in October last year, said it was great to be back in India and visit the cities of Pune and Bengaluru. Last year, he had met investors and businessmen including Apollo Hospitals, ProDept and Wockhardt. From life sciences to AI, now is the time to invest in the UK as we are determined to become the undisputed first choice for investors in Europe,” Johnson said.
On the eve of the ministerial visit, DBT described India as a priority market for the UK, with Johnson’s visit being seen as an impetus to the ongoing FTA negotiations between the two countries. Johnson will also use his trip to promote the Global Investment Summit 2023, which will take place in the UK later this year. It will be attended by more than 200 CEOs of multinational companies and investment corporations.
Disclaimer:IndiaTheNews has not edited this news. This news has been published from PTI-language feed.
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