UK India Business Council Congratulates the Bhartiya Janta Party and NDA Alliance for Winning the Lok Sabha Election
UK India Business Council Congratulates the Bhartiya Janta Party and NDA Alliance for Winning the Lok Sabha Election
New Delhi, June 05, 2024: The UK India Business Council congratulates Hon’ble Prime Minister Narendra Modi and the National Democratic Alliance (NDA) on their victory in the Lok Sabha Election 2024 and a third consecutive term. India’s national election, covering nearly a billion voters, is an immense testament to its vibrant and strong democracy.
The UKIBC is committed to working constructively with the incoming Government to
deepen bilateral trade, investment and partnerships with the UK – ultimately, supporting
India’s ambitious vision for economic growth and social development.
UK-India collaboration creates prosperity and jobs in both countries, and UK and Indian
business have ideas, technology, services and products which improve lives. A strong,
equal UK-India economic partnership is a force for positive change globally.
In the last 10 years, the UKIBC has supported over 800 UK and Indian businesses with their market journeys. Our ambition is to help more UK businesses uncover opportunities and succeed in India.
UK investors already make a significant contribution to the Indian economy, employing over 600,000 people, but there is potential to do much more – including create more jobs – and UK businesses look forward to continued:
– Enhancement of physical and digital infrastructure;
– Education and skill development to support industrial expansion;
– Policy reform, including continued international engagement and increased opportunity for foreign investors to enter and grow in India
-Progress on the UK-India FTA negotiations towards a swift conclusion following the
UK General Election on 4 July.
Richard McCallum, Group Chief Executive Officer, UK India Business Council,
applauds the landmark win, “UKIBC extends its heartiest congratulations to Prime Minster Narendra Modi, the Bhartiya Janta Party and the National Democratic Alliance for their victory 2024 Lok Sabha General Election victory.
UK India Business Council’s vision is a vibrant, equal economic partnership between
India and the UK, which creates jobs and prosperity in both countries, and acts as a
force for good globally, and we look forward to a continuation of the reforms-focused
approach which has driven India’s remarkable economic transformation