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Chancellor George Osborne meets India's PM Narendra Modi

8 July 2014 Last updated at 22:05 BST

Chancellor George Osborne and Foreign Secretary William Hague have met the new Indian Prime Minister Narendra Modi in the hope of strengthening and deepening commercial relations between India and Britain.

The chancellor and foreign secretary are looking to open up investment opportunities for UK firms in India's defence and infrastructure sector, and attract Indian investment into Britain.

Robert Peston reports.

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