According to the Minister of the Great and Central Industry, MB Patil plans Tesco, a retail giant based in the UK.
The Minister also said that Rolls-Royce, another company based in the UK, also actively investigated new investments in the state.
“The government will speed up all the necessary processes to facilitate the plans of these companies,” he assured that at a ceremonial reception organized by the British Deputy High Commission in the city, he performed at a ceremonial reception to mark the free trade agreement between India and the United Kingdom.
Mr. Patil said that by 2030 it is assumed that FTA contract will strengthen bilateral trade by approximately 25 billion GBP per year and is expected to help trade at approximately 90 billion GBP by 2030. FTA would prepare a path for duty -free access for 99% of Indian exports to Great Britain and 90% of British exports to India. As Mr. Patil noted, it would mean more affordable products, a greater approach to the market for companies and the increase in trade in the benefit of consumers and industries in both countries.
He urged British companies to take advantage of the state’s technological abilities, robust infrastructure and ecosystem friendly to industry.
Leading companies such as Rolls-Royce, Bae Systems, Tesco, ARM, HSBC and Aviva already have a significant trace in Bengalur and across Karnataka, Patil said.
Published – August 15 2025 22:04
