Wales receives major investment following Prime Minister’s trade mission to India
Wales receives major investment following Prime Minister’s trade mission to India
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By guest writer Max Taylor
India has backed Wales as a thriving global business destination as Keir Starmer has secured major deals from Indian investors, creating 200 new jobs in the country.
The Prime Minister travelled to the nation that ranks fourth in the world’s GDP list of 2025 this week. There he gained major support from world leading investors, collectively investing £1.2 billion into Britain and directly impacting Welsh businesses and economy.
The 200 new jobs break down across multiple deals. One of which came from EdSupreme, an Ed-tech company investing £10 million into London and Wales. EdSupreme specialises in employing artificial intelligence into physiotherapy practice and will create 50 jobs in Wales over the next three years.
Another company bringing 50 new jobs to Wales by investing £5 million is NeoCeltic Global Ltd, a medical device pioneer delivering cutting-edge solutions in physical recovery and movement.
Chandan Jerry, the director of NeoCeltic Global Ltd, offered a statement on the two nations relationship:
“As an entrepreneur, I welcome the Comprehensive Economic and Trade Agreement (CETA) between the UK and India, which will deepen economic ties and unlock new opportunities for businesses.”
Pharmaceutical company Wockhardt is upgrading its current facility in Wrexham by investing £8 million. This will expand their global operation and create 35 new jobs in the process.
15 high-skilled jobs will be created as a result of NMT Engineering and Services investment, who are putting in £5 million for the production of renewable energy, defence, and aerospace components.
Jo Stevens, Secretary of State for Wales, spoke on the benefits of this “landmark trade deal”:
“Key industries in Wales, such as the renewable energy sector, the creative industries, and food and drink producers will see the benefits and Welsh businesses will also have access to India’s huge procurement market with increased protections so they can confidently export goods and services.”
Many investments from the successful trade mission falls under the priority sectors of the UK-India Technology Security Initiative which was launched in July 2024 aiming to strengthen collaboration between the two nations in emerging technologies.
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