Indian-owned companies in UK record strong growth
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I want two free democracies – India and the UK, which believe in freedom and human values, to build a stronger economy together through their partnership, said Lord Dominic Johnson, Investment Minister in the UK’s Department of Industry and Trade (DBT). Do it.
This year saw a record increase in the number of Indian-owned companies operating in the UK. The number of such companies has increased to 954 as per the India Meets Britain Tracker 2023. The total turnover of Indian-owned companies in the UK is set to increase from £19 billion in 2014 to £50.5 billion in 2023, according to a 2023 analysis released on Thursday. I want two free democracies – India and the UK, which believe in freedom and human values, to build a stronger economy together through their partnership, said Lord Dominic Johnson, Investment Minister in the UK’s Department of Industry and Trade (DBT). Do it.
Vikram Doraiswamy, India’s High Commissioner to the UK, said, “Many people would not realize that there are such a large number of Indian companies here… I think we can do even better.” We have to identify areas where we can link the economies of both the countries. The report is released annually by professional services firm Grant Thornton and the Confederation of Indian Industry (CII) to analyze the contribution of Indian businesses to the UK economy. This year is its 10th edition.
Disclaimer:IndiaTheNews has not edited this news. This news has been published from PTI-language feed.
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