Britain had been allowed to establish new trading arragements outside the EU following Brexit, he said.
The bilateral trade between Britain and India was growing at 17 per cent per annum, he said, adding "there is a nice momentum".
Though the balance of trade was in favour of Britain, the "new trade deal will have a positive effect".
Imports to India was USD 13 billion, while exports from India was USD 12 billion, he said.
"There is demand for green finance in India", Simon said.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)