CII: Britain Meets India

Written by Suchit Punnose | Feb 23, 2021 12:00:00 AM

This Grant Thornton report identifies the top UK companies in India in terms of revenue, growth and employment. It provides an insight into their geographic preferences, sectors and the impact they have on the Indian economy.

 

The UK is currently the sixth largest investor in India, with a cumulative inflow (2000–2020) estimated at USD 29.5 billion, which represents about 6% of the total FDI into India. India has undertaken bold economic reforms in many areas, which has catapulted India’s rank in ease of doing business to 63 in 2019 from 77 in 2018. This has enhanced India’s attractiveness as an investment destination. On the other hand, post Brexit, there is an increased interaction between India and the UK to strengthen the trade and economic partnership. Thus, this corridor has an important role to play in ensuring that businesses on both sides get the support they need to increase their commercial footprint.