Strategic Partnership
Modi's third term and Starmer’s Labour victory mark a new phase in UK-India relations.
The UK Labour Party aims for a “new strategic partnership,” emphasizing an FTA and deeper cooperation in security, technology, and climate.
Roadmap
The '2030 Roadmap' has led to £39 billion in bilateral trade and 800,000 jobs created.
A new 'Roadmap to 2047' is proposed to maximize partnership benefits.
Collaboration
India’s rising economic and technological status enhances its global influence.
The UK should prioritize India in R&D and technology, leveraging India’s high return on investment (ROI) in these areas.
Opportunities exist to expand UK-India healthcare collaboration, including clinical trials.
Both nations can strengthen defence ties, with the UK supporting India’s indigenisation efforts.
The UK’s positive visa policy boosts mobility and investor confidence.
Economic Ties
Addressing business environment reforms and intellectual property protection is crucial for deeper economic links.
Supportive policies in India are needed for British manufacturing and supply chain integration.
Simplifying approvals and ensuring regulatory consistency are key for growth.
Both governments are committed to enhancing the economic partnership.
Future Prospects
Deepening ties is expected to benefit both nations, aligning with Modi’s vision of mutual prosperity.
The partnership is set to thrive, reflecting the growing significance of the Indian century.
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