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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
4 days ago
- Entertainment
- Business Standard
Inaugural IGF Archer Amish Award to Spotlight Contemporary Indian Stories on Global Stage
PRNewswire London [UK], June 16: India Global Forum is set to announce the winner of the inaugural IGF Archer Amish Award for Storytellers next week. Launched at IGF London 2024, in partnership with internationally acclaimed authors Jeffrey Archer and Amish Tripathi, and sponsored by the House of Abhinandan Lodha, this distinguished literary prize, honours contemporary Indian fiction that reflects the diversity, aspirations, and vibrant energy of modern India, strengthening cultural bridges and fostering richer global dialogue. * $25,000 literary prize to amplify Indian voices globally With a generous prize of $25,000, one of the biggest for fiction globally and alongside the ranks of some of the world's top literary prizes, the IGF Archer Amish Award positions Indian literature prominently on the world map, celebrating exceptional Indian authors whose works vividly capture the complexity and dynamism of modern India. Rt Hon Lisa Nandy MP, Secretary of State for Culture, Media, and Sport, UK Government, will present the award along IGF Chairman Manoj Ladwa and authors Archer and Amish. Her presence highlights the UK's evolving cultural policy and funding vision, particularly the increased significance of India as a pivotal creative partner post-FTA. The distinguished finalists vying for this prestigious accolade include Nitya Neelakanthan, author of Navapashanam - The Quest for the Nine Magical Poisons; Yogesh Pandey, author of The Kill Switch; and Dr. Shalini Mullick, author of The Way Home. Commenting on the vision behind this pioneering initiative, Manoj Ladwa, Founder and Chairman of India Global Forum, says "The IGF Archer Amish Award embodies our commitment to amplifying Indian voices globally, championing narratives that spark cultural conversations and deepen mutual understanding at a critical juncture in UK-India relations." "Awards are very important because they give recognition, and they allow someone who had slaved night and day to achieve something to realise they're not on their own, stuck in a box," says Lord Archer, the prolific British author of bestsellers such as 'Kane and Abel' and 'The Clifton Chronicles.' Renowned author Amish Tripathi, who co-conceived the award and leads the judging panel, adds " This is an award that aims to encourage the gift of storytelling itself, and that is one of the key drivers. It is also around Indians talking about themselves, their own stories. The way Westerners see India, in a lot of ways through the Western lens, it is one narrative, one lens, which is very different from how Indians see India." The award ceremony is scheduled to take place at the prestigious Queen Elizabeth II Centre in London on 18 June, as part of IGF London 2025, marking a significant moment in the ongoing cultural dialogue between the UK and India. 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 -
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
