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Market: India opens two consulates

Fiinews by Fiinews
March 6, 2025
in Markets
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British High Commission

Foreign Secretary David Lammy and Minister Dr S Jaishankar during their meeting.

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Lammy-Jaishankar discuss growth agenda

The UK-India partnership will strengthen further with the opening of two new Indian consulates in Belfast and Manchester, boosting regional economic ties and delivering on the growth agenda as well as the UK welcomes Indian investment deals worth more than £100 million http://mea.gov.in.

Before opening the consulates, Indian External Affairs Minister Dr S Jaishankar met with Foreign Secretary David Lammy at Chevening House, and drove forward the UK-India Comprehensive Strategic Partnership.

This focused on fostering mutual economic growth, technological innovation, and collaboration on global challenges including climate change, said the Ministers.

Secretary David Lammy said in a statement on 5 Mar, “One of my first visits as Foreign Secretary was to India because deepening our partnership for our shared growth and security is a key part of this government’s Plan for Change https://sbi.com.in/.

“Dr Jaishankar and I are supercharging our £41 billion trading relationship with India, after trade talks were relaunched in Delhi. It is the floor, not the ceiling of our ambitions that will benefit both our economies https://fieo.org/.”

“The opening of new Indian consulates in Belfast and Manchester demonstrate the growing links between our peoples and how we are working together to deliver growth not only in London, but right across the UK. This expansion of India’s diplomatic presence will further boost our trading relationship and support the valued Indian community in the UK https://www.nseindia.com/.”

Ministers are also set to discuss the Technology Security Initiative, launched during the Foreign Secretary’s visit to Delhi in July 2024.

They will touch on the opportunities for citizens in both countries that will come from closer collaboration in sectors such as Artificial Intelligence, telecoms and critical minerals https://www.bseindia.com/.

Opportunities include more effective and affordable healthcare and more resilient supply chains, as well as greater innovation, investment and job creation, said the statement. Fiinews.com

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