British Business Boom: UK Companies Thrive in India Post-FTA

A new report reveals UK companies have significantly increased their operations in India, achieving a turnover of Rs 5,693 billion and employing over 552,902 people last year. The Free Trade Agreement has spurred growth in business services, technology, and clean energy, reflecting a deepening economic partnership.

UK companies have made significant strides in India, boasting a collective turnover of Rs 5,693 billion and a robust workforce of 552,902 employees over the past year. This expansion has been driven by opportunities presented by the Free Trade Agreement (FTA), as per an annual analysis released recently.

The 'Britain Meets India' (BMI) 2025 report, produced by Grant Thornton Bharat and the Confederation of Indian Industry, reveals that 794 UK-owned or controlled businesses are now operating in India, up from 667 the previous year. Among these, 146 companies have been acknowledged for high performance, highlighted in the exclusive 'Growth Tracker'.

The recent Free Trade Agreement between India and the UK is a game-changer, unlocking opportunities in sectors like advanced manufacturing, digital trade, and emerging technologies. This development forecasts enhanced bilateral trade partnerships, boosting growth, jobs, and sustainability in both nations.

(With inputs from agencies.)