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Asia
 

Top Britain ministers woo India under PM Modi

Published on Jul 7, 2014 10:15 PM
 

MUMBAI (AFP) - Britain's finance minister announced a US$428 million (S$534 million) deal with India's military on Monday after arriving in the country to seek stronger trade and investment ties with new Prime Minister Narendra Modi's government.

George Osborne and Foreign Secretary William Hague landed in Mumbai for the two-day visit to drum up business for Britain, the latest foreign government delegation rushing to court Modi following his landslide victory in May.

Osborne announced the completion of a £250 million (S$534 million) deal for defence company MBDA UK to supply air-to-air missiles to the Indian Air Force, creating "hundreds of jobs" in Britain.

"India is embarking on an exciting journey of reform under your new government," Osborne told business leaders in India's financial hub, assuring them there was "no more reliable partner" on that journey than Britain.

 
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