This week, UK Prime Minister Sir Keir Starmer welcomed India's Prime Minister Shri Narendra Modi to Westminster to unveil the UK-India Vision 2035 framework, a visionary plan aimed at expanding bilateral trade by approximately US$31.7 billion annually. The agreement aims to capitalize on India's burgeoning renewable energy sector, giving British green technology companies enhanced access to one of the world's fastest-growing clean energy markets.
In 2025, the UK and India entered into their most extensive trade agreement to date, with sustainable technology, or clean tech, positioned as a central part of this evolving partnership. "It will create thousands of British jobs across the UK, unlock new opportunities for businesses and drive growth in every corner of the country, delivering on our Plan for Change," Starmer said at the signing ceremony.
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As part of this arrangement, more than two dozen British companies are starting new projects in India. Leading aerospace companies Rolls-Royce and Airbus secured deals worth about US$6.2 billion. Given that Rolls-Royce and Airbus will supply engines and planes to the Indian market, the contracts include significant industrial partnerships.
Alongside the trading framework, UK Business and Trading Secretary Jonathan Reynolds announced new export agreements and investment commitments totaling around US$7.5 billion. "India is one of the fastest-growing economies in the world and an emerging economic superpower," Reynolds highlighted, underscoring the strategic demand this partnership creates for British manufacturers.
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