Oral Answers to Questions

Debate between Neil O'Brien and Graham Stuart

Thursday 13th September 2018 Commons Chamber

[Neil O’Brien (Harborough) (Con)]

2. What recent assessment he has made of trends in the level of UK trade and investment with India.

[The Parliamentary Under-Secretary of State for International Trade (Graham Stuart)]

India is a key partner for the UK, and bilateral trade between the UK and India was £18 billion in 2017, up 15% on 2016. The UK and India are among the top four investors in each other’s countries, and the Secretary of State will be visiting India in December to attend the annual joint economic trade committee and to continue to build on this important relationship.

[Neil O’Brien]

In my constituency, we are lucky to have a lot of firms doing business with India, which is an incredibly exciting market. Will the Minister tell us a bit more about what the Government will do to try to drive further trade, particularly between the east midlands and India?

[Graham Stuart]

I am pleased to say that trade between the east midlands and India is performing well and grew by 11.4% in 2017, with success stories such as Royal Enfield in Bruntingthorpe. We are supporting visits from the midlands engine to India, and I was in India with Prime Minister Modi at the Move Global Mobility conference only at the weekend.