highlights of pm modi's uk tour

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Highlights of PM Modi’s UK Tour

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Page 1: Highlights of PM Modi's UK Tour

Highlights of PM Modi’s UK Tour

Page 2: Highlights of PM Modi's UK Tour

Agenda

• Political and Diplomatic impact• Trade and Investment• Proposed Investment in India• Proposed Investment in UK• Financial Services• Social & Cultural engagements

Page 3: Highlights of PM Modi's UK Tour

Political & Diplomatic Impact

• Indian Prime Minister Modi received a warm reception & endorsement from the British government, the British Parliament & all sections of British business houses during his UK visit

• The visit was great success in reinforcing India’s status as a rising power• The tour started off with a Guard of Honour given to PM Modi followed

by an address to the British Parliament • In a further gesture & appreciation of the importance of the Prime

Minister’s visit, Her Majesty Queen Elizabeth II hosted Narendra Modi for lunch at the Buckingham Palace

Page 4: Highlights of PM Modi's UK Tour

Trade & Investment

• PM Modi & PM David Cameron jointly attended & addressed the UK

India CEO Forum

• Both sides dedicated to raise the existing level of trade & investment

• UK trade with India is currently ranked 18th

• This visit will be a catalyst to raise the level of trade

• $13.7 billion worth trade agreements were signed

Page 5: Highlights of PM Modi's UK Tour

Investors Investment Amt Trade agreements

OPG Ventures $4350 million to set up a 3200 MW thermal & renewable power plant in Tamil Nadu

Lightsource Investment $3000 million to set up 3GW solar power generation infrastructure in 5 years.

Vodafone Investments $1950 million expanding services under Digital India and Make in India initiative.

King’s College Hospital $1500 million to open a new hospital in Chandigarh.

Kloudpad Mobility Research $150 million to manufacture, wearables, smart watches and tablets.

Merlin Entertainments $75 million to set up the famous Madame Tussauds Wax Museum in India.

Holland & Barrett International $30 million to set up 1000 outlets in India in joint venture with Apollo Hospitals Group

Genus ABS $1.5 million to invest in dairy genetics and a state-of-the-art plant in Pune.

Proposed Investment in India

Page 6: Highlights of PM Modi's UK Tour

Investors Investment Amt Trade agreements

Indiabulls $100 million to invest in OakNorth Bank Ltd in the UK

TVS Investment $30 million to open an Advanced Logistics Centre in the UK

SSPSL, a subsidiary of Strides Shasun

$12 million to expand their existing facility in the UK

Advatech $7.5 million

Wipro Digital to expand its office in the UK and will be hiring 200 over 12 months

Proposed Investments in UK

Page 7: Highlights of PM Modi's UK Tour

Financial Services

• Yes Bank & LSE signed an agreement to list Green Bonds & GDRs worth $1.4 billion.

• HDFC to issue $750 million worth of rupee denominated bonds for trading on the London Stock Exchange

• Bharti Airtel Ltd to issue $760 million sterling bond for trade on the London Stock Exchange

Page 8: Highlights of PM Modi's UK Tour

Social & Cultural Engagements

• Highlight of the PM’s tour was the grand reception given by over 60,000 Indians at the Wembley Stadium

• One of the largest gatherings ever for hosting a Prime Minister• Cultural programmes highlighting aspects of both Indian & British culture were

showcased• Welcome speech by Prime Minister David Cameron • Much-awaited speech by Narendra Modi, recognizing contribution in building

Indo-British relations• PM Modi paid respects to Mahatma Gandhi’s statue outside British Parliament• PM visited recently acquired house of Dr B.R. Ambedkar that will soon be

turned into a museum on his life & contribution• Unveiled a statue of Basaveshwara, a renowned philosopher, scholar & statesman• PM also visited the JLR-Land Rover factory at Solihull• The Prime Minister also met various Indian community leaders

Page 9: Highlights of PM Modi's UK Tour

Thank You