The UK and India: Bilateral Trade Relationship
The UK and India are at an exciting phase in their economic relationship. Bilateral economic ties are vibrant and wide-ranging, and, commercially, there is untapped potential between the two economies. At this time of global economic uncertainty and change, there are opportunities to nurture, grow and sustain two-way flows of trade and investment.
India is slated to be the world’s 3rd largest economy by 2030. This makes the world’s second most populous nation an extremely attractive market. The opportunities for UK exporters are numerous and broad ranging. Meanwhile, the UK is trying to forge strong post-Brexit trade relationships with countries outside of the European Union (EU).
To identify areas of common interest as well as new channels for more bilateral trade we must analyse what the UK and India offer each other.
This report will explore the current state of UK-India trade, what the future of UK-India trade will look like, as well as how to promote further trade between the two countries.