India and the UK share a wide-ranging strategic partnership encompassing bilateral trade and investment ties, regional stability and development, as well as multilateral cooperation in areas such as security and climate change. The partnership is underpinned by a shared commitment to democracy and diversity, and propelled by a strong and influential Diaspora. The recent unveiling of the Gandhi statue in March 2015 at the Parliament Square in London was hailed as a historic moment symbolic of closer ties in the larger bilateral relationship. Trade ties, while strong and growing, have huge untapped potential. In 2010, the British and Indian Governments set a target to double bilateral trade to GBP 23 billion in 2015. In 2013, India-UK bilateral trade had reached GBP 13.2 billion and India stood as UK’s 11th largest export market and 17th largest source of imports. According to UK’s Office for National Statistics, bilateral trade in services in 2013 amounted to GBP 2.2 billion, making total bilateral trade close to GBP 15.4 billion. Achieving the set target would require a strong push to propel growth over the period of this year. The UK and India are among the largest investors and job creators in each other’s economies. The UK’s share to India’s total FDI inflows is 9% in USD terms. The UK is Indian companies’ most favoured investment destination in Europe, which have made significant investments in technology, advanced engineering and life sciences. According to a recent research conducted by Grant Thornton in collaboration with CII, 800 Indian companies employ over 120,000 people in the UK and at their subsidiaries.