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Business Standard
a day ago
- Business
- Business Standard
India's Growing Footprint in the UK Hits Record High: New Tracker Launched by Minister Piyush Goyal at IGF London
PRNewswire New Delhi [India]/ London [UK], June 19: The 12th edition of the Grant Thornton India Meets Britain Tracker was officially launched today by Indian Commerce Minister Piyush Goyal, during a special opening session at IGF London at the Queen Elizabeth II Centre. This year's edition arrives at a pivotal moment, closely following the finalisation of the UK-India Free Trade Agreement and marks a record-breaking year for Indian business presence in the UK. Produced by Grant Thornton in collaboration with India Global Forum and Confederation of Indian Industry, the 2025 report provides the most comprehensive snapshot of Indian investment in the UK. IGF's deep-rooted influence, experience, and convening power in the UK-India corridor further enhance the strategic value of this research. Manoj Ladwa, Founder and Chairman of IGF, said: "This year's tracker is a powerful testament to the vitality of the UK-India economic relationship. As the first major platform following the conclusion of the FTA, IGF London provides the ideal stage to spotlight how Indian businesses are scaling in the UK. The rise in Indian-owned companies isn't just growth, it's momentum. It reflects the ambition and trust shaping this new chapter of bilateral collaboration." The 2025 Tracker identifies 1,197 Indian-owned companies operating in the UK, a 23% increase from last year's 971. This marks the highest figure on record and the largest annual increase since total numbers were first measured in 2017. These companies collectively reinforce the economic significance of the bilateral corridor, as the newly signed FTA is forecast to contribute an estimated £4.8 billion to UK GDP and £2.2 billion in wage growth annually. The report reveals the Technology, Media, and Telecom sector as the largest and fastest-growing vertical, representing 31% of all tracker companies. Pharmaceuticals and chemicals hold strong in second place, accounting for 22% of growth tracker companies. Financial services saw a notable rise, making up 10% of Tracker companies, the largest share since 2021. Geographically, London remains the top choice, hosting 47% of the 74 fastest-growing companies. The South of England follows at 24.3%, while the Midlands and North contribute 9.5% each. Anuj Chande, Partner and Head of the South Asia Business Group at Grant Thornton UK Advisory & Tax LLP, commented: "We are thrilled to witness such a significant surge in Indian-owned businesses in the UK. This reflects the confidence Indian investors place in the UK market, as well as the opportunities being unlocked by deeper bilateral engagement. The FTA's conclusion promises to supercharge this momentum, and this report offers a clear view of where that growth is taking shape. Our collaboration with India Global Forum has further strengthened the Tracker's reach and relevance at a pivotal moment in UK-India relations." The Tracker stands as a critical barometer of bilateral economic health and a strategic tool for policymakers, investors, and businesses on both sides. As the UK-India relationship enters a new era, IGF London 2025 underscores how partnership on paper is now being translated into impact on the ground. The announcement was the highlight of Day 1 of IGF's flagship event in the United Kingdom. With over 100+ speakers, 1000 participants, and events across iconic venues in London, IGF London 2025 encompasses a spectrum of topics - from technology and trade to culture and commerce. This year's edition marks a powerful milestone - a decade since Prime Minister Narendra Modi's landmark 2015 visit to the UK, and the two nations have finalised the long-awaited Free Trade Agreement. IGF London is the first major international platform to celebrate and analyse this historic achievement, unlock new opportunities that emerge from its conclusion, and shape the next phase of UK-India collaboration. About India Global Forum India Global Forum tells the story of contemporary India. The pace of change and growth India has set itself is an opportunity for the world. IGF is the gateway for businesses and nations to help seize that opportunity. To know more, click here. Social Media Handles & Hashtag to Follow Twitter: @IGFUpdates & @manojladwa LinkedIn: India Global Forum #IGFLondon
The Wire
a day ago
- Business
- The Wire
India's Growing Footprint in the UK Hits Record High: New Tracker Launched by Minister Piyush Goyal at IGF London
Grant Thornton's India Meets Britain Tracker reveals 23% year-on-year surge in Indian-owned UK businesses amid historic Free Trade Agreement milestone NEW DELHI and LONDON, June 19, 2025 /PRNewswire/ -- The 12th edition of the Grant Thornton India Meets Britain Tracker was officially launched today by Indian Commerce Minister Piyush Goyal, during a special opening session at IGF London at the Queen Elizabeth II Centre. This year's edition arrives at a pivotal moment, closely following the finalisation of the UK–India Free Trade Agreement and marks a record-breaking year for Indian business presence in the UK. Produced by Grant Thornton in collaboration with India Global Forum and Confederation of Indian Industry, the 2025 report provides the most comprehensive snapshot of Indian investment in the UK. IGF's deep-rooted influence, experience, and convening power in the UK–India corridor further enhance the strategic value of this research. Manoj Ladwa, Founder and Chairman of IGF, said: "This year's tracker is a powerful testament to the vitality of the UK–India economic relationship. As the first major platform following the conclusion of the FTA, IGF London provides the ideal stage to spotlight how Indian businesses are scaling in the UK. The rise in Indian-owned companies isn't just growth, it's momentum. It reflects the ambition and trust shaping this new chapter of bilateral collaboration." The 2025 Tracker identifies 1,197 Indian-owned companies operating in the UK, a 23% increase from last year's 971. This marks the highest figure on record and the largest annual increase since total numbers were first measured in 2017. These companies collectively reinforce the economic significance of the bilateral corridor, as the newly signed FTA is forecast to contribute an estimated £4.8 billion to UK GDP and £2.2 billion in wage growth annually. The report reveals the Technology, Media, and Telecom sector as the largest and fastest-growing vertical, representing 31% of all tracker companies. Pharmaceuticals and chemicals hold strong in second place, accounting for 22% of growth tracker companies. Financial services saw a notable rise, making up 10% of Tracker companies, the largest share since 2021. Geographically, London remains the top choice, hosting 47% of the 74 fastest-growing companies. The South of England follows at 24.3%, while the Midlands and North contribute 9.5% each. Anuj Chande, Partner and Head of the South Asia Business Group at Grant Thornton UK Advisory & Tax LLP, commented: "We are thrilled to witness such a significant surge in Indian-owned businesses in the UK. This reflects the confidence Indian investors place in the UK market, as well as the opportunities being unlocked by deeper bilateral engagement. The FTA's conclusion promises to supercharge this momentum, and this report offers a clear view of where that growth is taking shape. Our collaboration with India Global Forum has further strengthened the Tracker's reach and relevance at a pivotal moment in UK–India relations." The Tracker stands as a critical barometer of bilateral economic health and a strategic tool for policymakers, investors, and businesses on both sides. As the UK–India relationship enters a new era, IGF London 2025 underscores how partnership on paper is now being translated into impact on the ground. The announcement was the highlight of Day 1 of IGF's flagship event in the United Kingdom. With over 100 speakers, 1000 participants, and events across iconic venues in London, IGF London 2025 encompasses a spectrum of topics - from technology and trade to culture and commerce. This year's edition marks a powerful milestone - a decade since Prime Minister Narendra Modi's landmark 2015 visit to the UK, and the two nations have finalised the long-awaited Free Trade Agreement. IGF London is the first major international platform to celebrate and analyse this historic achievement, unlock new opportunities that emerge from its conclusion, and shape the next phase of UK-India collaboration. About India Global Forum India Global Forum tells the story of contemporary India. The pace of change and growth India has set itself is an opportunity for the world. IGF is the gateway for businesses and nations to help seize that opportunity. To know more, click here. Social Media Handles & Hashtag to Follow Twitter: @IGFUpdates & @manojladwa LinkedIn: India Global Forum #IGFLondon Photo: Logo: (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). This is an auto-published feed from PTI with no editorial input from The Wire.
Business Standard
a day ago
- Entertainment
- Business Standard
Inaugural Archer Amish Award Winner Announced at IGF London 2025
PRNewswire London [UK], June 19: Dr. Shalini Mullick was announced the inaugural winner of the IGF Archer Amish Award for Storytellers, presented in partnership with The House of Abhinandan Lodha, at a special ceremony on Day 1 of IGF London at the Queen Elizabeth II Centre. * U.K Minister for Culture Lisa Nandy presents $25,000 award to Dr. Shalini Mullick for her novel The Way Home Her acclaimed book, The Way Home, was selected as the standout work for its moving and relatable exploration of grief, identity, and healing. The novel tells the story of three millennials seeking refuge in Goa as they navigate personal demons, ultimately discovering strength in friendship and self-discovery. Presenting the award, the Rt Hon Lisa Nandy, UK Secretary of State for Culture, Media and Sport, emphasised the award's wider cultural significance: "People-to-people connections are incredibly important for us. At the global stage, we are finding multiple ways of dividing ourselves. The world is fracturing and polarising, and there is a desperate need for governments that will take a lead in transcending these barriers. That is what PM Modi and PM Keir Starmer have committed to do." Dr. Mullick received a cash prize of $25,000, one of the biggest for fiction globally and alongside the ranks of some of the world's top literary prizes. Launched at IGF London 2024, the IGF Archer Amish Award for Storytellers is a first-of-its-kind honour celebrating contemporary Indian fiction that reflects the complexity, diversity, and dynamism of modern India. Created in collaboration with bestselling authors Jeffrey Archer (Kane and Abel, Clifton Chronicles) and Amish Tripathi (The Shiva Trilogy, Ram Chandra Series), the award is a testament to IGF's belief that culture is not just soft power, but a superpower capable of shaping global narratives, deepening international relationships, and driving the next chapter of UK-India collaboration. In an inspiring celebration of storytelling, both Archer and Tripathi reflected on why stories and those who tell them matter. Lord Jeffrey Archer said: "One of the problems that writers have is that Storytellers do not win awards. But I challenge you to count the number of Nobel Prize winners you know and have read about. It's the storytellers that people read." Amish Tripathi added: "The job of a storyteller is to grab attention and not let it fade. Steve Jobs said that the powerful job in this world is that of a storyteller. It is not just authors who are storytellers; readers are also good storytellers. You must be a storyteller because it is critical to grab attention and communicate." Founder and Chairman of IGF, Manoj Ladwa said: "At IGF, we've always believed in the power of ideas to connect worlds -- across innovation, inclusion, and international collaboration. But at the heart of every great idea is a story. The IGF Archer Amish Award is our way of bringing untold Indian stories to light, giving them the global platform they deserve, and reminding the world that literature, too, is a force that shapes nations." Abhinandan Lodha, Founder, The House of Abhinandan Lodha, said: "At The House of Abhinandan Lodha, India's leading branded land developer, we pick land not just for its economic value, but for its cultural soul -- places tied to spirituality, heritage, and aspiration. We're proud to support the IGF Archer Amish Award for Storytellers, because we believe India's true richness lies not just in what we build -- but in what we remember, and what we pass on - A legacy of stories." The 2025 finalists were: * Nitya Neelakanthan, Navapashanam - The Quest for the Nine Magical Poisons * Yogesh Pandey, The Kill Switch * Dr. Shalini Mullick, The Way Home (Winner) The announcement was the highlight of Day 1 of IGF's flagship event in the United Kingdom. With over 100+ speakers, 1000 participants, and events across iconic venues in London, IGF London 2025 encompasses a spectrum of topics - from technology and trade to culture and commerce. This year's edition marks a powerful milestone - a decade since Prime Minister Narendra Modi's landmark 2015 visit to the UK, and the two nations have finalised the long-awaited Free Trade Agreement. IGF London is the first major international platform to celebrate and analyse this historic achievement, unlock new opportunities that emerge from its conclusion, and shape the next phase of UK-India collaboration. About India Global Forum India Global Forum tells the story of contemporary India. The pace of change and growth India has set itself is an opportunity for the world. IGF is the gateway for businesses and nations to help seize that opportunity. To know more, click here Social Media Handles & Hashtag to Follow Twitter: @IGFUpdates & @manojladwa LinkedIn: India Global Forum #IGFLondon Logo -
Business Standard
7 days ago
- Business
- Business Standard
Indian Investment into UK At an All Time High
PRNewswire New Delhi [India] / London [UK], June 13: At a pivotal moment for the UK-India economic corridor, following the signing of the Free Trade Agreement, Grant Thornton, in collaboration with India Global Forum and Confederation of Indian Industry, will launch the latest edition of the India Meets Britain Tracker at IGF London on 18th June. This highly anticipated report will deliver a powerful, data-led narrative of how Indian companies are reshaping the UK economy. * Grant Thornton's India Meets Britain Tracker 2025 to be unveiled at IGF London on 18 June. The report will be officially launched during a special session at the Queen Elizabeth II Centre, as part of IGF London's flagship programme. With the UK and India ranking as the 6th and 4th largest economies respectively, this report offers an incisive look at one of the world's most strategic investment corridors. The launch is a cornerstone moment and further builds on IGF's ongoing efforts through the UK-India Future Forum to accelerate high-value collaborations and economic synergies between the two nations. By combining on-the-ground insights with granular data analysis, the report offers a roadmap for deeper engagement and evidence-based policymaking in the UK-India corridor. Manoj Ladwa, Founder and Chairman of India Global Forum, said: "Indian businesses are no longer just investing abroad - they are transforming global economies. Our collaboration with Grant Thornton provides a powerful lens into this evolution and reinforces IGF's mission to shape and support the UK-India economic partnership with data, dialogue and delivery." Anuj Chande, Partner and Head of South Asia Business Group at Grant Thornton, added: "Indian companies continue to play a pivotal role in the UK's growth story--from job creation to innovation. This year's tracker showcases their growing diversification, scale and resilience, and reflects the growing maturity and confidence of Indian enterprise on the global stage." The official report launch will bring together senior business leaders, policymakers, and government representatives from both countries, underscoring the strategic significance of Indian investment in shaping the UK's future economy. About India Global Forum India Global Forum tells the story of contemporary India. The pace of change and growth India has set itself is an opportunity for the world. IGF is the gateway for businesses and nations to help seize that opportunity. To know more, click here
Yahoo
13-06-2025
- Business
- Yahoo
Indian Investment into UK At an All Time High
Grant Thornton's India Meets Britain Tracker 2025 to be unveiled at IGF London on 18 June. NEW DELHI and LONDON, June 13, 2025 /PRNewswire/ -- At a pivotal moment for the UK–India economic corridor, following the signing of the Free Trade Agreement, Grant Thornton, in collaboration with India Global Forum and Confederation of Indian Industry, will launch the latest edition of the India Meets Britain Tracker at IGF London on 18th June. This highly anticipated report will deliver a powerful, data-led narrative of how Indian companies are reshaping the UK economy. The report will be officially launched during a special session at the Queen Elizabeth II Centre, as part of IGF London's flagship programme. With the UK and India ranking as the 6th and 4th largest economies respectively, this report offers an incisive look at one of the world's most strategic investment corridors. The launch is a cornerstone moment and further builds on IGF's ongoing efforts through the UK–India Future Forum to accelerate high-value collaborations and economic synergies between the two nations. By combining on-the-ground insights with granular data analysis, the report offers a roadmap for deeper engagement and evidence-based policymaking in the UK–India corridor. Manoj Ladwa, Founder and Chairman of India Global Forum, said: "Indian businesses are no longer just investing abroad - they are transforming global economies. Our collaboration with Grant Thornton provides a powerful lens into this evolution and reinforces IGF's mission to shape and support the UK–India economic partnership with data, dialogue and delivery." Anuj Chande, Partner and Head of South Asia Business Group at Grant Thornton, added: "Indian companies continue to play a pivotal role in the UK's growth story—from job creation to innovation. This year's tracker showcases their growing diversification, scale and resilience, and reflects the growing maturity and confidence of Indian enterprise on the global stage." The official report launch will bring together senior business leaders, policymakers, and government representatives from both countries, underscoring the strategic significance of Indian investment in shaping the UK's future economy. About India Global Forum India Global Forum tells the story of contemporary India. The pace of change and growth India has set itself is an opportunity for the world. IGF is the gateway for businesses and nations to help seize that opportunity. To know more, click here Social Media Handles & Hashtag to FollowTwitter: @IGFUpdates & @manojladwaLinkedIn: India Global Forum#IGFLondon Logo: View original content: Sign in to access your portfolio
