UK PM Starmer's spokesperson: India commerce minister to meet UK trade minister on Monday and Tuesday to discuss trade deal

UK PM Starmer's spokesperson: India commerce minister to meet UK trade minister on Monday and Tuesday to discuss trade deal

Prime Minister Narendra Modi's two-day state visit to Saudi Arabia, commencing on April 25, 2025, underscores the deepening of historical ties between the two nations. During his visit, PM Modi highlighted the strategic depth and momentum of India's relationship with Saudi Arabia, emphasizing a mutually beneficial partnership in defense, trade, investment, energy, and people-to-people ties [1].

The visit, which is PM Modi's third to Saudi Arabia in the past decade, marks his first trip to Jeddah. He is set to participate in the second meeting of the Strategic Partnership Council, following the successful state visit of Crown Prince and Prime Minister Mohammed bin Salman to India in 2023. This meeting is expected to further cement the bilateral relationship and explore avenues for enhanced cooperation [1].

In addition to the bilateral talks, PM Modi will also engage with the Indian diaspora in Saudi Arabia, acknowledging their significant contribution to strengthening cultural and human ties between the two nations [1]. The visit reflects India's commitment to its bilateral relationship with Saudi Arabia and provides an opportunity to deepen and strengthen their multi-faceted partnership [1].

Meanwhile, in a separate development, Tesla India has initiated the refund process for customers who booked the Model 3 electric sedan back in 2016. This move signifies a strategic shift in Tesla's operations, indicating an anticipated launch in the Indian market. The refunds are part of Tesla's plan to phase out the older Model 3 and introduce new generation electric vehicles (EVs) [2].

The refunds, coupled with Tesla's recruitment drive for roles such as store manager, sales advisor, and service manager, suggest a well-planned approach to entering the Indian market. This strategy aligns with Tesla's anticipation of navigating through India's high import duties, which have previously deterred its entry [2]. The unfolding events hint at a strategy to establish a solid foundation before bringing its latest electric vehicles to the Indian market, one of the largest and most competitive auto markets globally [2].

References:
[1] https://ddnews.gov.in/en/india-deeply-values-historic-ties-says-pm-modi-as-he-embarks-on-2-day-visit-to-saudi-arabia/
[2] https://www.drivespark.com/four-wheelers/2025/tesla-india-refunds-model-3-reservation-fees-011-069281.html