Latest news with #UK-India
NDTV
2 days ago
- Business
- NDTV
India-UK Ties To Grow 'Bigger, Broader, Deeper' Under Vision 2035
New Delhi: Deputy British High Commissioner to India, Christina Scott, stated that the UK-India relationship is poised for significant expansion under the India-UK Vision 2035 roadmap, introduced by Prime Minister Narendra Modi and his UK counterpart, Keir Starmer, during PM Modi's visit to the UK last week. Speaking to ANI on Tuesday, Scott stated that the initiative aims to foster a deeper and broader partnership between the two nations. "We are at a really exciting stage in the UK-India relationship. The amount of energy and hope that was expressed by both Prime Ministers last week is really positive, and I am sure that under Vision 2035, we will go on to have an even bigger, broader and deeper relationship," she stated. The India-UK Vision 2035 reaffirms both countries' shared commitment to unlocking the full potential of a revitalised partnership, underscoring their resolve to work together for mutual growth and prosperity and to shape a prosperous, secure, and sustainable world amidst rapid global changes. Scott also highlighted the significance of PM Modi's recent visit to the UK, noting the importance of the Free Trade Agreement (FTA) between the two nations. She also stated that the Vision 2035 document focused on a key area, which was education, reflecting the strong shared commitment to enhancing learning opportunities for students in India and the UK. "We were delighted that Prime Minister Modi came to the United Kingdom last week. He came for one big reason: to sign the Free Trade Agreement between our two countries. Additionally, the two Prime Ministers launched a document called Vision 2035, which outlines all the areas where we will collaborate and one of the five areas that was highlighted in that is education, and that spoke about the level of ambition that the two governments have to work together for the betterment of learners everywhere, whether in the UK or India," she added. According to the "India-UK Vision 2035," both nations, building on strong foundations, will establish an intellectual partnership that is responsive to emerging opportunities, adapts to the rapid advancement of technology, and strengthens collaboration in education and research, which will create a skilled and forward-looking talent pool, ready to address global challenges and contribute to a safe and sustainable future for all.
NDTV
2 days ago
- Business
- NDTV
University Of Bristol Gets UGC Nod To Open Mumbai Campus By 2026, Major Boost For Indian Students
New Delhi: The University of Bristol has received approval from the University Grants Commission (UGC) to establish its first international campus in Mumbai, which is set to open in the summer of 2026, marking a significant milestone in the UK-India education corridor, the British High Commission in India announced on Tuesday. In a post on X, the British High Commission in India stated that the university would be offering its globally acclaimed programs in areas such as artificial intelligence, data science, fintech, and more to Indian students. "Big news from the UK-India education corridor! The University of Bristol is set to open a comprehensive campus in Mumbai. Approved by UGC, the campus will bring the university's world-renowned academic offerings spanning AI, data science, fintech, and more to Indian students," the British High Commission said in the post. Big news from the UK-India education corridor! The University of Bristol is set to open a comprehensive campus in Mumbai. Approved by @ugc_india, the campus will bring the university's world-renowned academic offerings spanning AI, data science, fintech, and more to 🇮🇳 students. — UK in India🇬🇧🇮🇳 (@UKinIndia) July 29, 2025 The Deputy High Commissioner of the UK to India, Christina Scott, expressed her enthusiasm about the development, stating, "We are very excited, as today the University of Bristol has received the letter of intent from the University Grants Commission. The University of Bristol is the 7th British university to get permission to open a campus in India... We are very excited that they will be opening soon next year in Mumbai." She stated that the approval, granted on the 5-year anniversary of the National Education Policy (2020), would help deepen the UK's engagement with India in terms of education, providing transnational education models that blend academic experiences in both countries. "Today, we are celebrating 5 years of the National Education Policy, and it speaks to the quality of young people in India, and British universities recognise the country's potential and the appetite of young Indians to learn, making them keen to be here and work with them to help them grow into the leaders they aspire to be," Scott stated. "We have a lot of British universities that want to do more with India. Some are thinking about putting in applications, or some whom the University Grants Commission is considering. We also have numerous universities eager to attract Indian students to the UK for study, as well as those offering transnational education, which combines elements of both India and the UK. Those are really all very exciting opportunities," she added. According to a press release from the University of Bristol, the Mumbai Enterprise Campus will serve as a hub for collaboration among industry leaders, academics, students, and local community partners, fostering a vibrant entrepreneurial environment. The campus will offer undergraduate and postgraduate programs in key areas where the University of Bristol excels globally, such as data science, economics, finance and investment, immersive arts, and fintech. "Mumbai Enterprise Campus will bring together industry, academics, students, and local community partners within a thriving entrepreneurial ecosystem. Initial subjects taught at the undergraduate and postgraduate level will focus on areas of global distinction for Bristol, such as data science, economics, finance and investment, immersive arts and financial technology, expanding to computer science and AI, business, and management," the release stated.
Times of Oman
2 days ago
- Business
- Times of Oman
Renowned economist Meghnad Desai passes away at 85; PM Modi condoles his demise
New Delhi : Distinguished Indian-origin economist, author, and member of the UK House of Lords, Lord Meghnad Desai, passed away at the age of 85 on Tuesday, prompting an outpouring of condolences from across the world, including Prime Minister Narendra Modi and the British High Commissioner to India, Lindy Cameron. Born as Meghnad Jagdishchandra Desai in 1940 in Vadodara, the economist began his academic journey in economics at the University of Mumbai, where he earned both his Bachelor's and Master's degrees, following which he received a scholarship to the University of Pennsylvania, completing his PhD in economics in 1963, three years after enrolling. Following the news of his demise, PM Modi expressed grief and recalled his valuable contributions to economic thought and India-UK relations. "Anguished by the passing away of Shri Meghnad Desai Ji, a distinguished thinker, writer and economist. He always remained connected to India and Indian culture. He also played a role in deepening India-UK ties. Will fondly recall our discussions, where he shared his valuable insights. Condolences to his family and friends. Om Shanti," PM Modi stated in a post on X. The British High Commissioner to India also expressed her condolences over Desai's demise, stating, "RIP Lord Desai. Thoughts with Kishwar Desai and his wider family and friends. Such fond memories of watching the UK general election with him last year," in a post on X. "So sad to learn Lord Meghnad Desai passed away in Delhi this evening. First Indian Labour Party Peer, Professor Emeritus LSE, renowned economist and author. A passionate advocate for UK-India links. Thoughts of all UK in India with his wife Lady Kishwar and their children," the Deputy High Commissioner of the UK to India, Christina Scott, stated in a post on X. The High Commission of India in London also paid tribute to Desai, noting that he had championed the strong and lasting ties between India and the UK and that his contributions would continue to inspire diplomats, academics, and thought leaders in both nations. "The High Commission of India in London is deeply saddened by the passing of Lord Meghnad Desai. A teacher, scholar, thought leader and great advocate of the enduring friendship between India and the UK. Lord Desai's work will be cherished by generations of diplomats, scholars and thought leaders in both countries. His role in the installation of a statue of Mahatma Gandhi at Parliament Square in London ensures that his legacy will endure," the High Commission of India in London stated in a post on X. Desai was elevated to the UK House of Lords in 1991, where he served as the first Indian-origin peer from the Labour Party. He held the title of Professor Emeritus at the London School of Economics (LSE) and was widely respected for his academic contributions and public policy insights.
The Wire
3 days ago
- Business
- The Wire
SCOTLAND TAKES CENTRE STAGE IN LANDMARK UK-INDIA TRADE DEAL
By Dhruva Kumar, Politician, Educationist, Former Glasgow South MP Candidate GLASGOW, SCOTLAND 29 JULY 2025 The newly signed UK-India Free Trade Agreement (FTA) isn't just a diplomatic triumph, it's a transformative moment for Scotland's economy, positioning our water, innovative technologies, Universities, distilleries, fisheries, cultural strength and manufacturing hubs at the heart of a £25.5 billion bilateral partnership. As the architect of Scotland's strategic engagement with India, I, Dhruva Kumar, see this deal as a catalyst for jobs, investment, and cross-continent innovation. SCOTCH WHISKY: A STRATEGIC WIN • Tariff Slashed: Duties plummet from 150% to 75% immediately, then to 40% over 10 years, ending decades of market barriers. • Economic Impact: Projected to boost UK beverage exports by £700 million, creating 2,200 jobs across Speyside distilleries and Kilmalid bottling plants. • Market Access: India, the world's largest whisky market by volume (192M bottles/year), now offers Scotch brands like Douglas Laing and others access to 250M high-income Indian consumers by 2050. SCOTLAND'S BROADER GAINS Revolution: Scottish salmon gains duty-free access to India's £2.8 trillion import market, unlocking millions for Highlands aquaculture. & Aerospace: • Tariffs on UK luxury cars (e.g., Jaguar Land Rover) drop from 110% to 10% under quotas. • Rolls-Royce secures smoother aerospace trade, boosting Glasgow's advanced manufacturing. Energy Collaboration: India's push for net-zero aligns with Scotland's offshore wind expertise, paving the way for joint ventures. INDIA'S GROWTH CATALYST • Textiles & Engineering: Zero tariffs on 99% of Indian exports (e.g., knitwear from Tirupur, engineering goods) could unlock $23 billion in opportunities. • Professional Mobility: 75,000 Indian workers exempted from UK social security contributions for 3 years, saving ₹40,000 crore annually. • Food & Agriculture: Indian farmers access the UK's £37.5B agri-market, while makhana (fox nuts) and spices gain premium status. BALANCING ACT: CHALLENGES AHEAD While the FTA promises prosperity, critical issues remain: • Implementation Hurdles: State-level excise policies in India could dilute Scotch price benefits. • Carbon Border Taxes: UK's proposed levy on carbon-intensive imports risks Indian metals. • Data Localisation: Fintech collaboration hinges on India easing digital trade barriers. THE ROAD AHEAD This agreement isn't merely transactional, it's a "living bridge" uniting Scottish innovation with Indian dynamism. As Glasgow-based trade envoy, I urge swift ratification and subnational partnerships (e.g., Maharashtra-Scotland clean energy pacts) to harness this momentum. With £6B in new investments and a projected £190M Scottish GDP boost, we're scripting a shared future where tartan and turbans weave prosperity. "Scotland's distilleries powered the Industrial Revolution. Today, they fuel a partnership redefining 21st-century trade." - Dhruva Kumar (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR This is an auto-published feed from PTI with no editorial input from The Wire.
News18
3 days ago
- Business
- News18
SCOTLAND TAKES CENTRE STAGE IN LANDMARK UK-INDIA TRADE DEAL
By Dhruva Kumar, Politician, Educationist, Former Glasgow South MP Candidate GLASGOW, SCOTLAND 29 JULY 2025 The newly signed UK-India Free Trade Agreement (FTA) isn't just a diplomatic triumph, it's a transformative moment for Scotland's economy, positioning our water, innovative technologies, Universities, distilleries, fisheries, cultural strength and manufacturing hubs at the heart of a £25.5 billion bilateral partnership. As the architect of Scotland's strategic engagement with India, I, Dhruva Kumar, see this deal as a catalyst for jobs, investment, and cross-continent innovation. SCOTCH WHISKY: A STRATEGIC WIN • Tariff Slashed: Duties plummet from 150% to 75% immediately, then to 40% over 10 years, ending decades of market barriers. • Economic Impact: Projected to boost UK beverage exports by £700 million, creating 2,200+ jobs across Speyside distilleries and Kilmalid bottling plants. • Market Access: India, the world's largest whisky market by volume (192M bottles/year), now offers Scotch brands like Douglas Laing and others access to 250M+ high-income Indian consumers by 2050. SCOTLAND'S BROADER GAINS Revolution: Scottish salmon gains duty-free access to India's £2.8 trillion import market, unlocking millions for Highlands aquaculture. & Aerospace: • Tariffs on UK luxury cars (e.g., Jaguar Land Rover) drop from 110% to 10% under quotas. • Rolls-Royce secures smoother aerospace trade, boosting Glasgow's advanced manufacturing. Energy Collaboration: India's push for net-zero aligns with Scotland's offshore wind expertise, paving the way for joint ventures. INDIA'S GROWTH CATALYST • Textiles & Engineering: Zero tariffs on 99% of Indian exports (e.g., knitwear from Tirupur, engineering goods) could unlock $23 billion in opportunities. • Professional Mobility: 75,000 Indian workers exempted from UK social security contributions for 3 years, saving ₹40,000 crore annually. • Food & Agriculture: Indian farmers access the UK's £37.5B agri-market, while makhana (fox nuts) and spices gain premium status. BALANCING ACT: CHALLENGES AHEAD While the FTA promises prosperity, critical issues remain: • Implementation Hurdles: State-level excise policies in India could dilute Scotch price benefits. • Carbon Border Taxes: UK's proposed levy on carbon-intensive imports risks Indian metals. • Data Localisation: Fintech collaboration hinges on India easing digital trade barriers. THE ROAD AHEAD This agreement isn't merely transactional, it's a 'living bridge" uniting Scottish innovation with Indian dynamism. As Glasgow-based trade envoy, I urge swift ratification and subnational partnerships (e.g., Maharashtra-Scotland clean energy pacts) to harness this momentum. With £6B in new investments and a projected £190M Scottish GDP boost, we're scripting a shared future where tartan and turbans weave prosperity. 'Scotland's distilleries powered the Industrial Revolution. Today, they fuel a partnership redefining 21st-century trade." – Dhruva Kumar (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR view comments First Published: July 29, 2025, 12:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
