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Starmer to Visit Mumbai Oct. 8–10 for Modi Talks and Global Fintech Fest

The trip seeks to convert the Technology Security Initiative into early commercial projects under the new trade deal.

Overview

  • UK Prime Minister Keir Starmer will meet Narendra Modi in Mumbai and speak at the Global Fintech Fest to advance the 2024 UKIndia Technology Security Initiative.
  • The agenda centers on fintech and tech partnerships spanning AI, semiconductors, telecoms, critical minerals, quantum, biotech and advanced materials.
  • Business delegations, including groups focused on education and critical minerals, will join the visit alongside a joint economic trade council session to leverage the July 2025 Free Trade Agreement.
  • Officials have flagged fast-moving work on critical minerals and a previously announced joint AI center, with planners eyeing early-harvest outcomes and possible announcements.
  • The FTA was signed in July and is undergoing UK ratification with implementation expected in 2026, targeting deep tariff cuts on most goods and a push toward $120 billion in bilateral trade by 2030; talks are also expected on counter-terror cooperation, Ukraine and Gaza, and diaspora-related concerns.