The two sides also announced improved trade relations, Named as "another major ticket announcement" by the Ministry of Foreign Affairs.
Prime Minister Narendra Modi and his British counterpart Boris Johnson on Tuesday unveiled a 10-year guide for promoting India-UK relations in high-level relations and strengthening cooperation in key areas, including defense, security, trade and health care.
During the conference between Mr. Modi and Mr. Johnson, both sides also announced an improved trade partnership, dubbed "another major ticket announcement" by the Department of Foreign Affairs.
According to a statement from the office of Mr. Johnson, "More than 6,500 job opportunities will be created around the UK due to the $ 1 billion new trade and UK and Indian investment announced by the Prime Minister today." The package contains more than 533 million pounds of India's new investment in the UK, which is expected to create more than 6,000 jobs in key and growing sectors such as health and technology, Downing Street said.
This includes a $ 240 million investment by the Serum Institute of India (SII) in the UK in its vaccination business and a new sales office in the country, which is expected to generate a new business worth more than $ 1 billion, he added.
Ensuring that this conference “opens a new chapter” in Indo-U.K. commitments, the MEA said the launch of a 10-year roadmap to strengthen relationships is "a big deal", and the five areas of cooperation under the road are - human, human, trade, defense and security, climate and health.
Another major ticket announcement is the announcement of improved trade cooperation, the department said.
As to whether there had been any mention of the deportation of Indian refugees - Vijay Mallay and Nirav Modi - between the two leaders, the MEA said they were discussing the deportation of economic criminals.
During the meeting, Prime Minister Modi said offenders should be extradited to India at the beginning of the trial, the department said.
Mr Johnson was due to travel to India late last month. But a few days before the visit, he pulled it out because of a coronavirus infection.
Also in January, Mr Johnson's planned trip to India to take part in the Republic Day exhibition as a major visitor was canceled following the increase in COVID-19 infections in the U.K.
Earlier in the day, Foreign Minister S Jaishankar and British Home Secretary Priti Paten signed an agreement on migration.
Mr Jaishankar is currently on a four-day trip to the UK to attend a meeting of G7 foreign ministers.
“A fruitful meeting this morning with Home Affairs Secretary @pritipatel. We have signed a Co-operation Agreement on Migration and Travel which will facilitate legal travel and promote the flow of talent. The live bridge between India and the UK will be extremely strong as a result, ”wrote Twitter.
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