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NEW DELHI (PTI): Britain Friday said it wanted to extend cooperation with India in the field of naval ship building.

"There is a considerable scope. There are common things like the way we build ships in the UK. The way we operate is common with the way India does. We do think that naval area is one where there are immense opportunities," British High Commissioner to India Richard Stagg told reporters here.

India and the UK have had a long Navy-to-Navy relationship as both the aircraft carriers which the Indian Navy has operated were earlier in service with the British Navy.

India, which has embarked on a major modernisation plan for its armed forces, has emerged as a favourite with various defence equipment-manufacturing countries with its plan of spending over USD 100 billion on defence in the next ten years.