Mumbai, Oct. 9 -- Noting that nearly 50 per cent of the world's real-time digital transactions are taking place in India, PM Modi said on Thursday said that there is no area in which India and UK cannot expand cooperation and combination of India's talent and scale and the UK's Research and Development and expertise has the potential to achieve major results.

Addressing the India-UK CEO Forum, PM Narendra Modi called for greater cooperation in areas such as critical minerals and rare earths.

"We must move forward in a structured manner in strategic sectors such as critical minerals, rare earths, and APIs. This will also give our relations a futuristic direction," he said.

He suggested India and the UK should choose some areas, whether ...