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Bilateral trade between India and the United Kingdom (UK) is likely to double by 2030 from the current level helped by greater economic engagements between the two countries, diversification of global supply chains, and overall ease of doing business, as per an industry report released on Thursday.
Bilateral trade between India and the United Kingdom (UK) is likely to double by 2030 from the current level helped by greater economic engagements between the two countries, diversification of global supply chains, and overall ease of doing business, as per an industry report released on Thursday.
A new Britain Meets India' report released on Wednesday has identified 572 UK companies in India, with a combined turnover of around Rs 3,390 billion, tax payment of around Rs 173 billion and employing 416,121 people directly in 2019-20. The report, by Grant Thornton Bharat and Confederation of Indian Industry (CII), is the sister tracker of an annual India Meets Britain' tracker of Indian companies operating in the UK. It has highlighted some of Britain's fastest growing companies in India, led by Dyson Technologies and Aviva Life Insurance Company, both of which registered a growth of ove...