The UK-India trade and investment relationship has significant unrealised potential, given the synergies possible between the two countries, Tata Sons chairman Ratan Tata said at 10 Downing Street on Thursday.
British prime minister David Cameron hosted the first meeting of the UK-India CEO Forum at Downing Street, to discuss how best to improve trade between the two countries.
The UK-India CEO Forum brings together British and Indian business leaders and was established during the PM's visit to India in July last year.
Speaking at the forum, Tata said, "The UK has a special place in the hearts and minds of Indians and Indian industry.
"However, I feel our trade and investment relationship has significant unrealised potential given the synergies possible between the two countries - such as what we could achieve by leveraging the technology and manufacturing capabilities in the UK, to serve the global market," he said.
Tata, who is also the co-chair of the forum, said he hoped the UK-India CEO Forum "is able to help build trade and investment between the two countries to a level approaching its potential and we intend to look at a range of sectors and ideas on how this could be facilitated by government and industry from both countries, working together".