India and the U.K. are motivated and see each other benefiting from a deal — but a number of key demands from both stand in the way of a quick agreement.
Customers browse the S1 Pro electric scooter of Ola Electric Mobility Pvt. at the launch event of Ola Experience Center in Bengaluru, India , on Sunday, Nov. 27, 2022. Ola opened three showrooms called Ola Experience Centres in Bengaluru on Sunday.
The deal would also be a big win for India, as it would see a rush of investment into the country that could translate into thousands of jobs — a key priority for Indian Prime Minister Narendra Modi's third administration. Even politically, both countries now have a fresh mandate to strike deals. "The need to now deliver on the ground is very high both sides," Keshav Murugesh, chief executive of the NYSE-listed business process outsourcing firmA key demand for India has been a simplification of the U.K.'s business and temporary visas for professionals.
"It is not that these people coming in are potential immigrants," Murugesh added. "These are people actually who are here to deliver a global project which is going to benefit a global company based out of the U.K. or wherever else, on a significant scale."
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