India and the United Kingdom share strong business relations, with bilateral trade reaching £36.3 billion in 2023. Key exports from India include pharmaceuticals, textiles, and IT services, while the UK exports automobiles and high-tech goods. Both nations are working towards a Free Trade Agreement (FTA) to further boost trade.
The UK is the 6th largest investor in India, particularly in fintech, renewable energy, and infrastructure, while India is the 2nd largest investor in the UK, with companies like Tata and Infosys creating thousands of jobs. The two countries also collaborate on technology, particularly in AI, cybersecurity, and digital trade.
India is a major supplier of generic medicines to the UK, and both countries have strong partnerships in vaccine production. Despite challenges like visa policies and regulatory differences, the India-UK relationship is set to strengthen, with future focus on sustainable energy and the FTA to further enhance trade and investment.