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Osborne and Hague on trade mission in India

Chancellor George Osborne and Foreign Secretary William Hague and will set out to forge links with the new Indian government of prime minister Narendra Modi as they seek to strengthen Britain's trade with the powerhouse Asian economy.

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Osborne speech to business leaders in Mumbai

Chancellor George Osborne will use a speech to business leaders in Mumbai to hail the turn-around in views about the prospects for the Indian economy since his election.

It's great to be here at a time when the excitement about the Indian economy, and the optimism about the prospects for future growth, are palpable.

And the excitement here is matched by new confidence among international investors abroad in the future of the Indian economy.

It is a measure of the ambition and drive and pace of the new government of prime minister Modi, that this complete turn-around in sentiment about the Indian economy has been achieved in just seven short weeks, since that stunning election victory.

– The Chancellor's expected speech

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