Serum Institute set to invest £240 million in UK
Prasun Sonwalkar
PTI
The officials added that British businesses have also secured new export deals with India worth more than £446 million.
Trade and investment worth £1 billion are to be announced on Tuesday during a virtual summit meeting between Prime Minister Boris Johnson and Prime Minister Narendra Modi, including a £240 million investment by the Serum Institute of India in the United Kingdom.
The two prime ministers were due to meet in January and April, but the Covid-19 pandemic prevented Johnson from travelling to New Delhi on his first post-Brexit foreign visit as the UK seeks to forge new trade ties and global path for itself outside the European Union.
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