Indian government’s Make in India campaign hinges mostly on defense manufacturing. “My government is proactive and my focus is on skill development so that India will be in a position to supply manpower to the rest of the world,” Prime Minister Narendra Modi told the India-UK CEOs Forum during his visit to Britain.

“We want to develop our railway stations on the public private partnership (PPP) model, Modi said, adding that people from the UK and India are easily compatible with each other and this in itself is a big advantage.

“We are confidently, consistently and ceaselessly working to integrate our economy with the world,” Modi said and emphasized that "India and the UK are economically made for each other. This relationship has to be driven by private sector CEOs.”

Bhartiarti Enterprises Chairman Sunil Bharti Mittal, Tata Group Chairman Cyrus Mistry, LuLu Group Chairman Yusuff Ali M.A., Tata Consultancy Services CEO and MD N. Chandrasekaran, and Bharat Forge Chairman Baba Kalyani represented the Indian side, while Standard Chartered Bank Chairman Sir John Peace, Vodafone CEO Vitorioa Colao, BP Chief Executive Bob Dudley, HSBC Chairman Douglas Flint, and Rolls-Royce CEO Warren East the UK side.

“Both countries have political will to take our economic relationship forward,” said UK Prime Minister David Cameron at the forum, which was held at the UK PM’s office in London.