New Delhi

David Lammy on Thursday said nearly 150 British firms are currently active in India’s artificial intelligence ecosystem, reflecting the growing momentum in bilateral economic ties following the India-UK Comprehensive Economic and Trade Agreement (CETA).

Speaking to ANI on the sidelines of the AI Impact Summit 2026, Lammy praised India for organising what he described as a successful summit with a strong focus on the Global South. He noted that the event builds upon the first global AI gathering hosted by the UK at Bletchley Park and reinforces expanding trade and investment links between the two countries.

“It’s been exciting to be here in India,” he said, adding that the summit strengthens cooperation grounded in growth, opportunity and investment.

Boost from Trade Pact

Lammy pointed to the Comprehensive Economic and Trade Agreement signed during Narendra Modi’s visit to the UK last year as a key driver of closer collaboration. The agreement, he said, is simplifying procedures for British companies seeking to hire Indian professionals and easing visa access for highly skilled talent moving to the UK.

Building on the trade pact, he said, around 150 UK companies are already operating in India’s AI sector, working across approximately 250 organisations. “The opportunities at this moment are hugely significant,” he remarked.

The CETA was formally signed in July 2025 by India’s Commerce and Industry Minister Piyush Goyal and the UK’s Secretary of State for Business and Trade Jonathan Reynolds, in the presence of Prime Minister Modi and his British counterpart Keir Starmer. The agreement followed the conclusion of negotiations announced in May 2025 and marked a major step in strengthening economic integration between the two nations.

Expanding Collaboration in AI and Innovation

Lammy also highlighted the UK’s strengths in higher education, research and development, and innovation infrastructure. He noted that Britain has launched five AI zones, including one in Scotland, to attract global investment. Areas such as life sciences, climate technology, energy and pharmaceuticals offer strong potential for deeper cooperation with India, he added.

Referring to his meeting with Prime Minister Modi during the summit, Lammy said discussions focused on expanding AI collaboration, including applications in agriculture and other sectors that could benefit communities across the Global South.

In a post on X, Lammy described his interaction with Modi as a “wonderful meeting,” emphasising that this is a pivotal time for countries to work together to unlock AI’s potential while ensuring strong and fair safeguards.

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The AI Impact Summit 2026 has brought together policymakers, industry leaders and researchers to deliberate on responsible AI governance, digital partnerships and inclusive technological growth.