India’s relation with the UK has strengthened with regard to business. Both countries have maintained a healthy relationship, for several years, in term of export and import and business relationship. In the whole European region, the UK is the largest business partner of India and compared to the whole world, the UK is 5th largest business partner of India. The import and export between UK and India had increased by 20% in the year 2005, i.e. £7.9 billion. The UK’s export to India had increased by 21.3% in the year 2005. The major items which India imports from the UK are non-metallic material, telecom tools, transport tools, industrial machinery, power equipment, gold, crude chemicals, vegetables and fruits (India Pakistan Trade Unit, 2008).