Leather goods and footwear helped Indo-UK bilateral trade increase more than 5% between April-September 2003. Trade between the countries totalled more than $5 billion during 2002-2003.

The Confederation of British Industries (CBI) and the Confederation of Indian Industry (CII) industrial summit held in London in July last year set a target of $10 billion in trade between the countries by 2007.

Indian exports to the UK also included cotton and accessories, precious and semi-precious stones, gems and jewellery, marine products and tea. Products imported from the UK comprised machinery, electronic goods, professional equipment, organic chemicals and project goods.

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