UK sees record 23% surge in number of Indian-owned bizs, revenue hits GBP 72.14 bn

These companies achieved an average growth rate of 42% & a combined turnover of GBP 32.6 billion, the 2025 ‘India Meets Britain Tracker’ showed

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LONDON: The number of Indian-owned companies operating in the UK has increased 23 per cent year-on-year to reach 1,197 this year, recording the steepest pace of annual growth, according to an analysis.

The combined revenues reported by Indian-owned companies in the UK increased to GBP 72.14 billion from GBP 68.09 billion in 2024, showed the latest annual ‘India Meets Britain Tracker’, an analysis by global financial advisory firm Grant Thornton in collaboration with industry body CII (Confederation of Indian Industry).

There are now 1,197 Indian-owned companies operating in the UK, more than 23 per cent compared to the figures of 2024, said the 12th edition of the analysis.

The latest annual Tracker was launched during the UK-India Week at the India Global Forum (IGF) in London on Wednesday by Commerce and Industry Minister Piyush Goyal and UK Business and Trade Secretary Jonathan Reynolds.

Goyal is here on a two-day official visit to discuss the implementation of the India-UK free trade agreement (FTA) and ways to boost bilateral trade and investment.