As well as being leader of the DUP in Northern Ireland, Arlene Foster is a passionate advocate of India as an international trade partner for the UK.
Apart from the strong personal and business links between the two countries, India’s position in globalisation, digitisation and technology is massively important, especially since 50% of the population is under 25 and 65% is under 35. India is a young country, expected to be the world’s second largest economic force by 2050 and it is modernising fast. Prime Minister Modi has announced his programme for 100 new ‘smart’ cities. India is an opportunity simply not to be ignored.
Arlene Foster’s advice to UK business? Get involved, do your homework, go there. Family values matter in India, as they do in Northern Ireland. Get to know the people. Regulations and lifestyles differ across the 29 states of India. Get to know them. An official trade mission is an excellent way of entering the market, diminishing risk.