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More Indian cos setting up offices in UK, London remains preferred location

842 Indian companies operating in the UK, up from about 800 in the previous year; combined revenues at about £48 billion

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UK and India have been top five investors in each other’s economies since 2010

There are now a record 842 Indian companies operating in the UK, up from about 800 in the previous year, with combined revenues of almost £48 billion (£46.4 billion in 2018), according to a Grant Thornton-CII report. Indian companies paid over £684 million in corporation tax, which is almost double the amount recorded in last year’s report (£360 million). The report says these companies have a total head count of 104,783, up slightly from previous year. “We are determined that the UK will be the best place in the world to grow your business. The UK ...