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UK secures $1.7 billion in investments from Indian, French companies at G7

UK secures $1.7 billion in investments from Indian, French companies at G7

British Prime Minister Keir Starmer looks on as he awaits Switzerland's Federal President Guy Parmelin on the sidelines of the G7 summit, in Evian-les-Bains, France, June 16, 2026. REUTERS/Isabel Infantes/Pool

The British government said on Tuesday it has secured £1.3 billion ($1.74 billion) in investments from French and Indian companies at the G7 summit, focused mainly on battery storage and clean power projects.

Here are some details on the investments:

• A French private equity firm will invest £1 billion in the UK for battery storage and flexible energy projects.

• India-based clean energy investor Atri Energy Transition will invest more than £300 million to develop large-scale battery storage and advanced manufacturing.

• Indian technology firm Hexaware Technologies will invest £25 million to expand its UK operations.

• The investments are expected to create over 1,400 jobs across the UK.

($1 = 0.7451 pounds)

(Reporting by Carlos Méndez)

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