The Chancellor will sit down with senior Indian business
leaders today (25 June 2018) and explain why he thinks
London is the number one destination in the world for
Indian business looking to raise money for the innovative
ideas being developed, including in the thriving fintech
start-up sector, in the country.
India is one of the world’s fastest growing major
economies, and the enduring close relationship between
Britain and India continues to benefit both nations,
creating more jobs in Britain and strengthening our
economy.
The Chancellor of the Exchequer, , said:
The UK and India have strong links and shared expertise
in technology, infrastructure and financing and I’m
delighted to be here in Mumbai to further develop the
bonds between our countries.
I will be meeting some of India’s innovative fintech
start-ups and seeing how we can support the next
generation of Indian and British fintech entrepreneurs,
and promoting London as the best place in the world to
raise capital for Indian investors.
The UK was the first G7 country to join the AIIB in 2015
and the Bank plays a leading role in delivering
infrastructure across Asia. The Chancellor will praise the
progress made by the Bank since the UK joined on developing
new infrastructure projects across Asia.
The Chancellor will continue his tour of Asia by visiting
China later in the week where he will meet the Chinese
Finance Minister Liu Kin and business leaders.
