Mr Douglas Alexander

Mr Douglas Alexander

Labour (Co-op) — Lothian East

Speaking in the House of Commons on 6 May 2025

Debate

Trade Negotiations

Contribution

India is quite simply the fastest growing economy in the G20, and is expected to be the third largest economy in the world by 2028. If we were choosing countries that we would wish to do deals with, India would be pretty high up the list. By 2030, India will be home to an estimated 60 million middle-class consumers, whose numbers are projected to grow to a quarter of a billion by 2050, and the demand for imports is on course to top £1.4 trillion by 2035.

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