India Invests in Britain: £1.3 Billion Boost to UK Economy with 6,900 Jobs Created Across the Country.
Mumbai / London:
In a major vote of confidence in the United Kingdom’s economic future, 64 Indian companies have committed to investing over £1.3 billion into the UK economy, a move that will create 6,900 new jobs across every region of the country.
The announcement comes during Prime Minister Keir Starmer’s high-profile trade mission to India, where he and his delegation secured a raft of deals under the UK-India trade agreement, signed just three months ago.
Trade Ties Turn to Tangible Growth
These investments span critical UK sectors including engineering, technology, agritech, and the creative industries. Locations set to benefit range from Basingstoke to Birmingham, with projects that include next-generation electric motorbikes, semiconductor development, AI-driven healthcare solutions, and agricultural innovation.
Speaking from Mumbai, Prime Minister Starmer highlighted the significance of the deals:
“These investments are a powerful endorsement of the UK’s global standing and economic potential. Nearly 7,000 new jobs spread across every region of our country will mean more opportunities, more innovation, and make working people better off.”
“From electric vehicles in Solihull to cutting-edge Agri-tech in Somerset, these deals show that our Plan for Change is delivering real results. The UK-India trade deal is already unlocking growth, and today’s announcements mark the beginning of a new era of collaboration between our two nations.”
Momentum Behind the UK-India Trade Deal
These major investments follow the UK-India Comprehensive Economic and Trade Agreement (CETA), which has already begun to eliminate tariffs and reduce trade barriers between the two nations. The agreement is seen as a launchpad for a broader economic and technological alliance that benefits both economies.
The Prime Minister’s two-day visit to Mumbai has focused on building deeper trade relationships, meeting with Indian business leaders, and promoting the UK as a prime destination for international investment.
Business and Trade Secretary Peter Kyle praised the momentum:
“This wave of investment underscores our country’s position as a leader in global trade. It’s a resounding endorsement of our business environment, innovation capacity, and workforce expertise.”
Technology and Innovation at the Heart
Notably, 28 of the 64 investments fall under the UK-India Technology Security Initiative, which was launched in July 2024. These deals include:
- 26 artificial intelligence companies
- 1 semiconductor company
- 1 biotechnology firm
The initiative aims to foster cooperation in critical and emerging technologies such as telecoms, critical minerals, biotech, AI, and semiconductors, helping both nations remain competitive in the global innovation race.
Entrepreneurs Welcome the Deal
Among the Indian investors is NeoCeletic Global Limited, a tech-driven health innovation company set to expand its AI-powered physiotherapy solutions through UK partnerships.
Chandan Jerry, Director of NeoCeletic, said:
“As an entrepreneur, I welcome the CETA between the UK and India. Our company is ready to collaborate with UK businesses to drive revolutionary innovations in healthcare, positioning the UK at the forefront of global medtech. These investments will drive economic growth, create jobs, and improve human lives.”
A Trusted Trade Partner
India is already the second-largest investor in the UK, with over 1,000 Indian companies operating across Britain. These firms support millions of UK jobs, particularly in sectors such as pharmaceuticals, fintech, automotive, and information technology.
The Prime Minister is scheduled to meet with Indian Prime Minister Narendra Modi today in Mumbai to celebrate the early success of the UK-India trade agreement and to lay the groundwork for even deeper economic ties.
A New Chapter in UK-India Economic Relations
Today’s announcements represent more than just financial investment – they are a testament to the growing strength of the UK-India relationship, built on shared economic interests, democratic values, and a vision for inclusive, innovative growth.
With £1.3 billion in new investments and nearly 7,000 new jobs on the horizon, Britain is poised to capitalise on its reputation as a global hub for talent, technology, and trade.
