Rajesh Agrawal, the deputy mayor of London for business and an Indian native, will lead a four-day trade trip to New Delhi comprised of ten of the city’s top technology companies to encourage more robust business and investment ties with India.

Mr. Agrawal, an Indore native and the founder of the fintech companies RationalFx and Xendpay, works with London Mayor Sadiq Khan to promote the city’s charms as a major international financial centre.

The most recent trip to India is the first direct trade mission the Mayor’s International Business Program, which aids London businesses in expanding worldwide, has organized there since 2019.

On the eve of his visit, the deputy mayor stated, “Indian towns rightfully look to London as the appropriate launchpad to grow their industry worldwide”.

He further said, “London and cities like Mumbai and Bangalore have complementary strengths in the financial, life sciences, and technology sectors, opening up a wealth of corporate cooperation prospects. India, one of the economies with the greatest growth rates in the world, is a significant market for forward-thinking London businesses. I am happy to have some of London’s quickest-growing businesses accompany me on my tour to India”.

“With the help of our trade mission, we will continue to support London-based businesses in maximizing their trade and investment prospects in India”, he added.

More than 1,000 high-growth London companies are said to have benefited from the London Mayor’s International Business Programme’s assistance in securing business abroad.

According to statistics released by London’s corporate growth agency, London & Partners (L&P) (FDI), the UK capital is listed as one of the top destinations globally for Indian enterprises aiming to expand their footprint internationally and the number one European city for Indian foreign direct investment.

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