Rishi Sunak: India is an ‘Economic Superpower’
Former UK Prime Minister Rishi Sunak has described India as an “economic superpower” while commenting on US tariffs and global trade shifts at the NDTV World Summit 2025.
Key Takeaways
- Sunak calls India an “economic superpower” with growing tech and energy sectors
- He defends national interest approach to trade amid US tariffs on India
- India-UK FTA seen as positive signal against protectionism
- Sunak emphasizes sovereignty in migration policy while valuing skilled talent
Sunak’s Response to Trump’s India Tariffs
Addressing the recent US tariffs imposed on Indian goods, Sunak stated that every country acts in its own national interest, which he considers “entirely right.”
He emphasized that relationships based purely on short-term transactions often fail, while those built on trust become more powerful over time. Sunak referenced his experience working with European Commission President Ursula von der Leyen on post-Brexit arrangements.
India’s Economic Rise
Sunak praised India’s economic growth, noting the country has “just about surpassed the UK in terms of the number of Unicorns.” He highlighted India’s progress in technology and energy sectors, and mentioned cricket’s potential inclusion in the 2028 Olympics.
Migration and Sovereignty
On migration, Sunak stressed that while the UK values skilled talent, controlling illegal migration remains a priority as “a matter of fundamental sovereignty.” Despite coming from “a family of immigrants,” he maintained that governments must decide who enters their countries.
The Changing Global Order
Sunak declared the old global order “gone” and unlikely to return. He predicted increased multipolarity with countries focusing on their strengths. This comes as the US imposed 50% tariffs on Indian goods, including a 25% penalty for Russian oil purchases.
Washington claims such imports fund Russia’s war in Ukraine, while India maintains its energy purchases depend on market forces and national security.
India-UK Trade Deal Significance
The recently signed India-UK Free Trade Agreement sends a “very positive signal” in an increasingly protectionist world, according to Sunak. He explained that the deal demonstrates the importance of the relationship to businesses, cultural institutions, and civil society.
The agreement will foster cooperation in technology, security, and semiconductors. Sunak noted potential for “cross-pollination” in biotechnology, combining UK strengths in gene editing with India’s agricultural power.
