(MENAFN- KNN India) New Delhi, Oct 11 (KNN) The United Kingdom is celebrating the creation of nearly 6,900 new jobs driven by 64 Indian investment projects worth Euro 1.3 billion, announced during Prime Minister Keir Starmer's visit to Mumbai.

The projects span diverse sectors such as electric vehicles, semiconductors, agriculture technology, artificial intelligence, and education technology.

According to Downing Street, the investments signal growing confidence in the UK's business environment and highlight the early impact of the upcoming UK-India Free Trade Agreement (FTA), which is expected to further boost bilateral economic cooperation.

Prime Minister Starmer stated that these investments will promote innovation and generate opportunities across the country.

Key contributors include TVS Motor's Euro 250 million plan to expand Norton Motorcycles in Solihull and develop next-generation EVs, and Cyient's Euro 100 million initiative in semiconductors and clean energy.

Other notable commitments include Atul-Date Palm Developments' Euro 11 million for sustainable agriculture and Mastek's Euro 2 million investment in AI and customer experience centres in London and Leeds.

Out of the 64 projects, 28 are part of the UK-India Technology Security Initiative (TSI), focusing on strategic sectors. Wales alone is expected to gain 200 jobs backed by Euro 1.2 billion in total investment, with firms like Wockhardt and an ed-tech startup expanding operations there.

As Starmer concluded his India visit, both he and Prime Minister Narendra Modi reaffirmed their shared commitment to strengthening cooperation in trade, technology, climate, and security.

(KNN Bureau)

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