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India Weekly Update from Tom Thomas

May 28th, 2021 – VOLUME 1/ISSUE 20

· News from Scotland and Beyond
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UK-INDIA FTA DEAL - PUBLIC CONSULTATION PHASE ON: The Public Consultation Phase is on for the proposed UK – India FTA deal.

Reserve Bank of India says Pandemic brings revision in India’s Growth Rate Forecasts: The Reserve Bank of India says the pandemic effect means the revision in the growth rate forecasts of India.

Google CEO on India’s new digital rules: Sundar Pichai, Google CEO weighs in on India’s new digital rules.

Karnataka tweaks Electric Vehicle ( EV ) Policy: In a move to attraect investments to the State, the Karnataka Government has made some changes to the Electric Vehicle ( EV ) Policy

India emerges as a Drone Hub: India emerges as one of the fastest growing markets for drones in the world.

"India has the potential to be the drone hub of the world..” Amber Dubey, Jt. Secretary,

Ministry of Civil Aviation

OFF-BEAT:  BANKING STARTUP BECOMES 14TH INDIAN UNICORN OF 2021: Banking startup Zeta becomes the 14th Indian Unicorn of 2021. The Indian Software association NASSCOM expects India to have 50 Unicorns before the end of 2021.


“We're firing the starting gun on a free trade deal with India - the world's largest democracy, fifthbiggest economy, a nation of 1.4 billion people and a huge market for British goods like whisky, cars and services, Liz Truss, UK Trade Secretary

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