"Prime Ministers Cameron and Modi noted the deep and fruitful business relationship between the UK and India and welcomed the 9.2 billion pounds ($14 billion) of commercial deals between the UK and India announced during the visit," said a joint statement issued by the two sides after the official talks.
Other major deals announced late on Thursday included: - Standard Life, Bupa and Aviva to invest a combined total of $365 million in their Indian joint ventures - Pact between Britain's cloudBuy and the CII for facilitating $5.3 billion worth of transactions using an online marketplace
- British technology company Intelligent Energy's $1.8 billion contract to provide clean energy for 27,400 telecoms towers of GTL
- Holland and Barrett International pact with Apollo to open 1,000 stores in India over the next five years
- Kloudpad Mobility Research's investment in South India to make next generation smart watches, wearables and tablets
- TVS to open an advanced logistics facility at Barnsley, a town in South Yorkshire
- London Stock Exchange and Yes Bank pact for collaborations on bond and equity issuance, with focus on green infrastructure
- HDFC's proposal for rupee-denominated bonds overseas up to $750 million under new Indian central bank guidelines
- Wipro's commitment to increases its investment in Britain.
As per the joint statement, the two prime ministers also announced three UK-India city partnerships with Indore, Pune and Amaravati to support India's ambitious urban development goals through technical assistance, expertise sharing and business engagement.
They also launched a new Thames-Ganga partnership for healthy river systems.