UK and India Sign Historic Trade Deal, Securing Thousands of Jobs and £6 Billion in Investment

The UK and India have signed a landmark trade deal, securing thousands of jobs and £6 billion in investment for British businesses. The agreement, which was signed by Prime Ministers Keir Starmer and Narendra Modi, is set to unlock economic growth for every region and nation of the UK, delivering on the government's Plan for Change. The deal will create over 2,200 British jobs across the country, with Indian firms expanding their operations in the UK and British companies securing new business opportunities in India.

Key Takeaways:

  • The trade deal is expected to unlock £6 billion in new investment and export wins, creating over 2,200 British jobs across the country.
  • The deal will drive jobs in high-growth sectors like aerospace, technology, and advanced manufacturing, supporting engineers, technicians, and supply chain workers in every corner of the UK.
  • The deal will increase UK exports to India by nearly 60% in the long run, equivalent to an additional £15.7 billion of UK exports to India when applied to projections of future trade in 2040.
  • The deal will increase bilateral trade by nearly 39% in the long run, equivalent to £25.5 billion a year, when compared to 2040 projected levels of trade in the absence of an agreement.
  • 26 British companies have secured new business in India, including Airbus and Rolls-Royce, which will soon begin delivering aircraft to major Indian airlines as part of around £5 billion worth of contracts recently agreed.
  • Carbon Clean, a UK-based leader in carbon capture, has invested £7.6 million in a Global Innovation Centre in Mumbai, unlocking 250 jobs across London, Glasgow, and Huddersfield as well as 100 jobs in Mumbai.
  • AI and data services company, DCube AI, is investing £5 million in the UK, unlocking 50 jobs across Manchester and London in the next three years to strengthen its technology offering to UK customers.

Statistics:

  • £6 billion in new investment and export wins, creating over 2,200 British jobs across the country.
  • 2,200 jobs created in the UK across various sectors, including aerospace, technology, and advanced manufacturing.
  • £15.7 billion of additional UK exports to India in the long run, a 60% increase from current levels.
  • £25.5 billion increase in bilateral trade in the long run, a 39% increase from current levels.
  • £5 billion worth of contracts recently agreed by Airbus and Rolls-Royce with major Indian airlines.
  • 250 jobs unlocked across London, Glasgow, and Huddersfield by Carbon Clean's Global Innovation Centre in Mumbai.
  • 100 jobs unlocked in Mumbai by Carbon Clean's Global Innovation Centre.
  • £5 million investment by DCube AI in the UK, unlocking 50 jobs across Manchester and London.

Sources:

  • "Prime Minister secures thousands of British jobs and £6 billion in investment and export wins as historic trade deal with India signed" (M2 PressWIRE, July 24, 2025)
  • "UK-India trade deal: what you need to know" (BBC News, July 24, 2025)
  • "India's GDP growth expected to rise to 7.5% in 2025, led by manufacturing and services" (World Bank, July 2025)