New Delhi, Feb. 27 -- The UK announced 17 new trade and investment deals during Trade Secretary Jonathan Reynolds and Investment Minister Poppy Gustafsson's visits to India this week.

These agreements underscore the strengthening economic ties between the two nations.

The UK government highlighted that India's latest Union budget has created additional opportunities for British insurance firms.

The recent increase in foreign direct investment (FDI) limits in India's insurance sector-from 74 per cent to 100 per cent-has provided British companies with a greater potential to expand in the country.

In addition to insurance, the UK, home to the world's third-largest technology economy, is seeing an increased presence of its tech firms in ...