PM Starmer Wraps Up India Trade Mission with 10,600 UK Jobs Secured and £3.6 Billion in New Deals.

PM Starmer Wraps Up India Trade Mission with 10,600 UK Jobs Secured and £3.6 Billion in New Deals. 

 

Mumbai/London:

 

Prime Minister Keir Starmer has concluded a high-profile two-day trade mission to Mumbai, celebrating a landmark moment in UK-India relations with the announcement of 10,600 new jobs for the UK and £3.6 billion in UK investment into India. The visit marks a pivotal step forward in the two nations’ growing economic partnership, following the signing of the historic UK-India Free Trade Agreement (FTA) earlier this year.

The Prime Minister, accompanied by a 125-strong business delegation, hailed the mission as a turning point for UK-India relations, unlocking massive opportunities for businesses and workers across both countries.

“We’ve secured new investments into the UK and created 10,600 jobs across the entire country in some of our most thriving industries. And we’ve flown the flag for British business in India – opening doors and galvanising our partnerships,” said Prime Minister Starmer.


Key Announcements from the Visit

£1.3 Billion in Indian Investment Into the UK

  • 6,900 new jobs will be created across the UK, driven by fresh Indian investment into key sectors like engineering, technology, and manufacturing.
  • Investment is spread across every UK region, ensuring broad-based economic benefits.

Bollywood Comes to Britain: 3,000 Jobs via Yash Raj Films

  • India’s leading film studio, Yash Raj Films, will produce three major Bollywood blockbusters in the UK starting next year.
  • This move alone will create over 3,000 jobs in the UK’s creative and production industries and boost local economies across filming locations.

£350 Million Missile Deal Secures 700 Jobs in Northern Ireland

  • A landmark £350 million defence contract will see the UK deliver UK-manufactured missiles to the Indian Army.
  • This deal will create over 700 high-value jobs in Northern Ireland, strengthening the UK’s defence industry and export capabilities.

Major UK Investments into India

UK businesses have pledged £3.6 billion in investments to fuel India’s economic growth, with a strong focus on technology, fintech, and digital innovation:

  • Graphcore (backed by SoftBank):
    Will invest up to £1 billion to build a new AI engineering campus in Bengaluru, creating 500 high-skilled jobs in India’s growing semiconductor industry.
  • Tide (Digital Banking):
    Will invest £500 million over five years, starting in 2026. The company will expand its India workforce to 2,300, adding 800 new professionals in the next 12 months.
  • Revolut (Fintech):
    Plans to spend £500 million in its India operations over the next five years, reflecting its confidence in India’s financial services sector.
  • Paysecure (Payments Tech):
    Aims to boost UK exports by £370 million over five years by integrating UK businesses with Indian banks and payment gateways, simplifying trade and cross-border payments.

FTA Opens New Doors

The Prime Minister underscored that the UK-India Free Trade Agreement, signed in July 2025, was already bearing fruit. The deal aims to:

  • Lower tariffs on British goods entering India
  • Simplify trade rules, making exports faster, cheaper, and easier
  • Encourage two-way investment and innovation collaboration

A Future-Facing Partnership

Starmer highlighted the strategic value of deepening ties with one of the world’s fastest-growing economies:

“Our outward-looking and proud approach is delivering real change, which people will see in their communities up and down the country.”

The trade mission sets a new tone for UK-India relations—built on mutual growth, technological collaboration, and a shared vision for prosperity in a rapidly changing global economy.


Summary of Impact:

Investment Source Value Jobs Created Sector
Indian Investment into UK £1.3 billion 6,900 Tech, Engineering
Yash Raj Films Production N/A 3,000 Creative/Film
UK-India Missile Deal £350 million 700 Defence
Total UK Jobs 10,600
UK Investment into India £3.6 billion Thousands (India) AI, Fintech, Payments

With the conclusion of this successful mission, the UK government has signaled a bold new chapter in global trade, aligning closely with India’s supercharged growth and innovation trajectory. The deals inked this week are expected to deliver long-term economic benefits for businesses and workers across both countries.

Leave a Reply

Your email address will not be published. Required fields are marked *