Brief by Shorts91 Newsdesk / 05:13pm on 11 Sep 2023,Monday Business
The UK government has welcomed the strong cooperation so far through the UK-India Infrastructure Partnership, recalling last year's agreement to support India's National Infrastructure Pipeline. Announcing the launch of the UK-India Infrastructure Financing Bridge, the UK stated this joint initiative co-led by India's NITI Aayog and City of London Corporation will leverage expertise to unlock infrastructure investments in India. The collaborative bridge aims to phase and structure major infrastructure projects to boost financing, including via the City of London. This builds on the 2021 commitment to mobilize infrastructure investment for India. Chancellor Jeremy Hunt tweeted he was proud of the progress and called India exploring London Stock Exchange listings a big step forward.
