Cameron's trip also comes close on the heels of a visit

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Press Trust of India
Last Updated : Feb 17 2013 | 11:01 AM IST
by French President Francois Hollande here to drum up trade, underlining the growing importance of the Indian economy. Ahead of the visit, the UK Prime Minister said he wanted the relationship between Britain and India to be "one of the great partnerships of the 21st century". Before landing here on February 19, Cameron along with his delegation would be spending a night in Mumbai where he will attend a business meet and place a wreath on police memorial. Cameron's India visit is being billed in the UK as the biggest trade trip ever organised by his office. India and the UK have vibrant economic ties and the two- way trade rose to about USD 16.157 billion in 2011-12 from USD 12.56 billion in 2010-11. Total British FDI in India, as of October 2012 from April 2000, was about USD 17.08 billion, which is about 9 per cent of the total foreign direct investment in India. There are about 700 Indian companies which have operations in the UK out of which over 70 are listed on London Stock Exchange.
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First Published: Feb 17 2013 | 11:01 AM IST

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