CBI reacts to Indian General Election

Shehla Hasan, CBI India Director, said:

“We congratulate the Bharatiya Janata Party led by Mr. Narendra Modi on the landslide victory in the Indian general election. We wish the new government the very best after achieving a second successive mandate in India.

“The economic ties that bind the United Kingdom with India continue to go from strength to strength. Our latest research shows that the UK is the largest western investor in India and British business has created nearly 425,000 jobs since 2000.

“India will be a vital trading partner as the UK charts a new future outside the EU. The bold economic reforms already taken by Prime Minister Modi have enticed ever greater numbers of British firms to India. To fully capitalise on these opportunities, businesses would like to see further progress in reducing corporate tax rates, data privacy and ease of doing business indicators like enforcing contracts or registering a property.”