Overview

• Downing Street said the two-day Mumbai mission secured UK company commitments worth about £3.6 billion focused on AI, fintech and technology.
• Highlighted pledges included Graphcore’s plan to invest up to £1 billion in a Bengaluru AI engineering campus with 500 jobs, plus £500 million expansions by Tide and Revolut, and Paysecure’s projected £370 million export boost.
• Starmer’s office linked the visit to 10,600 UK jobs, while an earlier package of 64 Indian projects worth roughly £1.3 billion is expected to create about 6,900–7,000 roles in Britain.
• A £350 million deal for UK-made lightweight missiles for India was announced as defence ties deepen, with officials citing 700 jobs in Northern Ireland and concurrent Konkan naval drills underscoring maritime cooperation.
• Both sides agreed to reset JETCO and rolled out Technology Security Initiative steps such as a joint AI centre, a climate tech start-up fund and a critical minerals guild, alongside UK universities expanding campuses in India including Southampton’s new Gurugram site and builds in GIFT City.