Skip to content
Search

Latest Stories

Indian firms created 8,384 jobs in UK: Report

Companies based in Maharashtra brought in the highest amount of foreign direct investment in the UK in 2023, followed by Karnataka and Delhi

Indian firms created 8,384 jobs in UK: Report

Companies based out of Maharashtra, Karnataka, and Delhi were the top Indian investors in the UK in 2023, says a joint report by the Confederation of Indian Industry (CII) and the Indian High Commission.

In 2023, India was the second largest source market for the UK, bringing in 118 new projects and creating 8,384 jobs.


The report titled ‘Indian Assets: Charting the Journeys of Indian Companies in the UK’, states that companies headquartered in Maharashtra brought in the highest amount of foreign direct investment in the UK (20 per cent), followed by Karnataka (12 per cent) and Delhi (8.6 per cent).

Gujarat (7.1 per cent), Tamil Nadu (6.7 per cent), Telangana (6.5 per cent), Uttar Pradesh (5.9 per cent), Haryana (4.5 per cent), West Bengal (3.14 per cent) and Kerala (3.05 per cent) figure among the top ten states from where companies have invested in the UK. These ten states make up for about 78 per cent of total Indian investment in the UK.

As per the report, companies from the software and information technology sectors were the leading investors in the UK. The other prominent investors were from sectors such as automotive, electric car batteries, diagnostics and healthcare.

West Midlands, London, and the Northwest are the top recipients of Indian investment, and a major chunk of it was in automotive, software, and IT services and energy sectors.

The report also said that new Indian students cumulatively contributed an estimated £4.3 billion to UK universities. This was in the backdrop of a 5 per cent increase in UK student visas over 2022 at 133,237.

Indian high commissioner to the UK Vikram Doraiswami said, “As India and the UK continue to evolve and navigate the complexities of a rapidly changing global landscape, I believe that our businesses, reimagining the India-UK Corridor, will realise our shared vision and aspiration for a secure and sustainable future prosperity.”

CII director general Chandrajit Banerjee said, “Today, Indian companies with operations in the UK have integrated themselves into the British economy, making their mark in industries in almost all leading sectors. Their ability to adapt, innovate, and forge meaningful partnerships has not only propelled their own growth but has also enriched the economy of the UK and its regions, promoting job creation, driving investment, and fostering a culture of diversity and inclusion.”

More For You

pubs-england-iStock

Previous VE Day anniversaries, royal events and sporting occasions such as the Euro 2024 final have also seen similar extensions. (Representational image: iStock)

iStock

Pubs in England and Wales to stay open late for VE Day 80th anniversary

PUBS and bars in England and Wales will be allowed to stay open until 01:00 BST on Thursday 8 May to mark the 80th anniversary of VE Day, the government has confirmed.

Prime minister Keir Starmer said venues that usually close at 23:00 will be able to continue serving for two extra hours.

Keep ReadingShow less
Bangladesh-Pakistan

The meeting took place days ahead of Pakistani deputy prime minister and foreign minister Ishaq Dar's scheduled visit to Dhaka on April 27 and 28. (Photo: X/@ForeignOfficePk)

Bangladesh, Pakistan resume top-level talks after 15 years

BANGLADESH on Thursday raised several longstanding concerns with Pakistan, including a public apology over the 1971 atrocities, during the first foreign secretary-level talks between the two countries in 15 years.

Bangladesh also asked Pakistan to pay USD 4.3 billion as its share of undivided assets from when East Pakistan became independent Bangladesh in 1971.

Keep ReadingShow less
Keir Starmer

Starmer thanked Christians for their community work, including support through night shelters, youth clubs, toddler groups, family services, elderly care and chaplaincy. (Photo: Getty Images)

Starmer thanks Christians for community work in Easter message

PRIME MINISTER Keir Starmer extended Easter wishes to Christians across the UK, marking the end of Lent and the celebration of the resurrection of Jesus Christ.

In his Easter message, Starmer said the story of Easter is central to the Christian faith. He acknowledged Christians facing hardship, persecution or conflict globally who cannot celebrate freely.

Keep ReadingShow less
Trump-Charles

Trump previously made a state visit to the UK in 2019 during his first term as president. (Photo: Getty Images)

Trump says he expects to meet King Charles in September

US PRESIDENT Donald Trump said on Thursday he expects to meet King Charles in the UK in September. It would be an unprecedented second state visit for Trump, which the British government hopes will strengthen ties between the two countries.

Prime minister Keir Starmer delivered an invitation from King Charles to Trump during a meeting in the Oval Office in February. The meeting focused on tariffs and the situation in Ukraine.

Keep ReadingShow less
Blackburn with Darwen vows to tackle mental health taboos among Asians

Efforts are being made to improve mental health service uptake among Asians

Blackburn with Darwen vows to tackle mental health taboos among Asians

BLACKBURN with Darwen will spend an additional £1.17 million over the next five years on tackling mental health in the borough, with an emphasis on reaching young people and residents of south Asian heritage, writes Bill Jacobs.

The worse than national average figures were set out in a report to senior councillors. Council leader Phil Riley told the meeting last Thursday (10) that figures in the survey, especially for young people, were shocking.

Keep ReadingShow less