Business activity between the UK and India has risen dramatically over the past nine months before trade talks restart between the two countries in January.
Data from HSBC UK has shown that the value of payments made by clients in the UK to India has risen by 32 per cent in the nine months to October.
The value of payments received by UK clients from India has risen even further, by 121 per cent over the same period.
The data comes as the UK seeks to formalise the close ties between the two countries. Last month Sir Kier Starmer announced that UK-India trade talks would restart in the new year, following a bilateral meeting with Narendra Modi, his Indian counterpart, at the G20 summit.
