Indian businesses deepen economic influence across the UK with record growth

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Indian-owned firms strengthen UK presence with revenue crossing £105 billion
Indian-owned firms strengthen UK presence with revenue crossing £105 billion

The economic presence of Indian-owned companies in the UK has expanded significantly, with both business numbers and revenues reaching new highs, according to the latest industry report tracking Indian investments in Britain.

The report found that 1,912 Indian-owned businesses are now operating across the UK, up from 1,197 a year earlier. Their combined revenue climbed to £105.77 billion, compared with £72.14 billion in 2025.

The findings come as trade ties between India and the UK continue to strengthen. Bilateral trade reached £47.4 billion in 2025, reflecting an increase of 11.7% over the previous year. Growth was driven by sectors including advanced manufacturing, clean energy and technology.

The report noted that the Comprehensive Economic and Trade Agreement (CETA), signed in July 2025 and expected to become law soon, is helping boost economic activity by simplifying trade rules, encouraging investment and supporting the goal of achieving USD 100 billion in bilateral trade by 2030.

A total of 66 companies recorded annual revenue growth of at least 10%, with an average growth rate of 61%, up from 42% previously. Among the fastest-growing firms, Prime Focus International Services reported revenue growth of 1,283%, while Zydus Pharmaceuticals UK posted growth of 320%.

“The India Meets Britain Tracker 2026 highlights the remarkable achievements of Indian businesses in the UK. With CETA now in place, the India-UK corridor is poised for unprecedented growth, creating value for both economies and cementing a long-term partnership,” said Anuj Chande OBE.

Employment generated by Indian-owned businesses also increased sharply. These companies now employ 203,549 people in the UK, representing a 60.6% rise from 2025. Tata Motors-owned Jaguar Land Rover Automotive Plc remained the largest employer with 44,103 employees, followed by Tata Steel with 19,600 and Borelli Tea Holdings with 5,040.

Technology, Media and Telecom (TMT) continued to lead as the most prominent sector for Indian businesses, followed by manufacturing and pharmaceuticals. Companies such as LTIMindtree, Wipro and Prime Focus contributed to the sector’s expansion.

London remained the preferred destination, hosting 38% of Indian-owned businesses, although investments are increasingly spreading across other UK regions. Despite challenges including higher operating costs and regulatory complexity, the report highlighted continued opportunities in clean energy, digital technology and innovation-led investments.

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