The latest ‘India Meets Britain Tracker’ reveals a hike in the number of Indian companies operating in the UK over the past year, adding to the annual job creation tally despite the constraints created by the pandemic.
The number of Indian companies operating in the UK and their job creation levels have registered growth despite the challenges of Brexit and Covid-19 pandemic over the past year, according to the latest ‘India Meets Britain Tracker’.
The 2021 tracker, collated annually by Grant Thornton and the Confederation of Indian Industry (CII) to weigh up the contribution of Indian businesses to the UK economy, found that the number of Indian companies operating in the country grew from 842 in the 2020 tracker to 850 and these firms employed 116,046 people, an increase from 110,793 on the previous year. The total turnover of these companies added up to £50.8 billion, up from £41.2 billion and 47 per cent have at least one woman on their board, compared with 20 per cent in last year’s analysis.
Read More at https://www.indiaglobalbusiness.com/geopolitics/uk/the-data-never-lies-indian-companies-are-on-an-uk-expansion-drive
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