Home Business NewsBusiness Indian PM Narendra Modi to announce deals worth BILLIONS during his first UK visit – How much of Britain do Indians own?

Indian PM Narendra Modi to announce deals worth BILLIONS during his first UK visit – How much of Britain do Indians own?

by LLB Editor
12th Nov 15 10:29 am

Indian Prime Minister Narendra Modi arrives in the UK today and is expected to announce trade deals worth billions of pounds with Britain.

Modi is set to meet the Queen, stay at Chequers and also address a joint session of parliament.

Cameron has described Modi’s visit as a “historic opportunity” for Britain to strengthen relationships with India.

He said: “It’s an opportunity for two countries, tied by history, people and values, to work together to overcome the biggest challenges of our age.”

According to law firm Linklaters, deals worth a whopping $15bn (£9.9bn) are expected to be signed in the next two days.

This is Modi’s first visit to Britain as prime minister and he’s set to address thousands of people at rally at Wembley Stadium on Friday.

Indians love Britain and are the UK’s biggest overseas born population.

According to figures by Office of National Statistics, the number of Indians living in UK is four times more than the Chinese and Americans, over three times more than those of Bangladeshi and German origin and two times more than those from Ireland.

The number of Indians has grown by half since 2004 with 760,000 of them living in UK now.

From Jaguar Land Rover to Queens Park Rangers FC – how much of Britain do Indians own?

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