TIL Desk/Business/London/ British Prime Minister Boris Johnson will announce a slew of commercial agreements and hold bilateral discussions with a focus on the UK and India’s trade, investment and technology partnership.
Johnson arrived in Gujarat on Thursday for the start of his two-day visit to India. The British High Commission (BHC), in a statement, said Johnson will use his visit to India to boost “our collaboration with one of the world’s fastest-growing economies, slashing trade barriers for UK businesses and driving jobs and growth at home”.
The UK and Indian businesses will confirm more than 1 billion in new investments and export deals today in areas from software engineering to health, creating almost 11,000 jobs across the UK, added the BHC in the statement.
The investment agenda includes a new Switch Mobility electric bus R&D centre in the UK and the opening of their Asia Pacific Headquarters in Chennai, generating over 1000 jobs in the UK in India, besides investment from leading Indian manufacturer Bharat Forge and electric truck maker Tevva Motors to expand to a new site in the south-east. This will create 500 new jobs.
