Indian companies are playing an important role in the growth of the British economy and contributing to GDP and creating employment opportunities, according to Grant Thornton UK LLP’s India Tracker 2014 report.
The report, which is prepared in collaboration with the Confederation of Indian Industry (CII), monitors UK registered businesses with Indian parent companies and identifies the fastest growing corporates by turnover and employment size.
It finds there are currently over 700 Indian-owned small to large-sized businesses in the UK, collectively employing over 100,000 individuals.
Ranjan Mathai, High Commissioner of India to the UK, launched the report earlier this week at an exclusive dinner attended by some of the fastest growing and largest Indian employers.
The report also identifies 12 Indian corporates, each employing more than 1,000 people in the UK.