A new report by a leading UK-based think tank claims there is enough untapped trade potential to offset the possible effects of Brexit on exports to the European Union (EU).

Open Europe, in its research titled ‘Global Britain: Priorities for trade beyond the EU’, has said that Britain can make up for any export loss as it exits the EU by building on under-developed links with countries like India and making it a priority in its trade negotiations.

“There’s little point making policy looking at just today’s world. According to projections, Germany’s GDP will grow by 14 per cent between 2017 and 2030. Over the same period India’s is expected to more than double. So, we have modelled how the data will appear in 2030, using predicted growth figures,” the report says.

The month of May has been packed with a very wide range of developments, including the first-ever UK-India Awards organised by India Inc. in London on May 12. The event was preceded by the annual UK-India Conclave, this time on the theme of ‘A Global Partnership: A New Era in UK-India Relations’.

Both events became the focal point for senior Indian ministers on visits to the UK earlier this month to promote India as an attractive investment destination. We cover these in our special ‘From the Scene’ section as well as a ‘Face to Face’ feature tracking Indian Minister for Power, Coal and Renewable Energy Piyush Goyal’s success on his investment scouting mission and a ‘Special Report’ on Indian Minister for Roads Transport, Highways and Shipping Nitin Gadkari’s plans to work closely with the UK on India’s infrastructure challenge. Both ministers listed very crucial Masala Bonds on the London Stock Exchange, developments that we delve into as part of our coverage of their visits to Europe.

India’s Minister for Finance and Corporate Affairs, Arun Jaitley, just completed a packed tour of the UK during which Prime Minister Theresa May dropped in to a Downing Street meeting with his British counterpart, Chancellor Philip Hammond. ‘India Investment Journal’ caught up with the senior Indian Cabinet minister in London to explore his message for foreign investors, a possible free trade agreement (FTA) with post-Brexit Britain and the next phase of his dramatic reform agenda for the Indian economy.

Is post-Brexit UK a more, or less, attractive trading partner?

There is a considerable amount of interest in India, particularly after Brexit. Correspondingly my discussions in the past have also indicated that both investors and the government here [Britain] are looking for expanding opportunities of trade with India.

January 2017 marks the 8th edition of the Vibrant Gujarat summit in Gandhinagar, Gujarat. The event, held every two years since 2003, has become a hub of business activity for a state recognised worldwide for its investor-friendly ecosystem. A UK-based entrepreneur who led Britain’s first-ever delegation to the summit gives ‘India Investment Journal’ his insights.

India has emerged as one of the world’s fastest growing Scotch whisky import markets. So much so that post-Brexit UK will be looking to connoissuers in India to make up for any drop in sales in Europe as a result of an end to free trade deals within the European Union (EU).

The Scotch Whisky Association (SWA) revealed in its recent analysis that the amount of Scotch whisky sold overseas increased for the first time since 2013, largely thanks to India registering a massive jump in shipment value. It is a confirmation that will come as less of surprise to whisky lovers in India.

It was billed as a clear signal of a very special relationship that Theresa May had chosen India as her first major bilateral visit outside Europe since taking charge as British Prime Minister. However, if she thought that trade and investment talks can be divorced from concerns over the UK’s ever tightening visa regime, she was in for a surprise.

Senior columnist Ashok Malik delves into what makes one of India’s most dynamic ministers, Nirmala Sitharaman, ideal for the commerce and industries portfolio.

As India’s commerce and industry minister, Nirmala Sitharaman has two major mandates. The first is to promote Make in India, a programme of enhancing the role of manufacture in India’s economy and integrating India with global supply chains. The second is to give political support to India’s trade negotiators in a time when protectionism and “plurilateralism” are threatening the global trade order. Even Western countries that have long espoused liberal trade regimes are turning their backs on these.