London. The top three Indian states to invest foreign direct investment (FDI) in the UK are Maharashtra, followed by Karnataka and Delhi. This has been said in a new joint report prepared by the Confederation of Indian Industry (CII) and the Indian High Commission in the UK. The report presented in London this week showed that companies headquartered in Maharashtra made the highest 20 percent of FDI in the UK in 2023. It was followed by Karnataka (12 percent) and Delhi (8.6 percent).
The top 10 states are Gujarat (7.1 per cent), Tamil Nadu (6.7 per cent), Telangana (6.5 per cent), Uttar Pradesh (5.9 per cent), Haryana (4.5 per cent), West Bengal (3.14 per cent) and Kerala (3.05 per cent). This is 78 per cent of the total FDI from India to the UK. Releasing the report in London, Indian High Commissioner to the UK Vikram Doraiswami said, “Our businesses reimagining the India-UK corridor will realise our shared vision and aspirations for a secure and sustainable future.”
The analysis found that IT and software was the leading sector bringing in FDI from India in terms of number of companies and employees. Among other findings of the report is that new Indian students contributed an estimated £4.3 billion to UK universities overall, with UK student visas increasing by five per cent last year.
Disclaimer: CricketInFocus has not edited this news. This news has been published from PTI-language feed.
