Indian cos boost post-Brexit growth in 2016 in UK: report

As many as 800 Indian companies in the UK have generated ‎£47.5 billion in combined revenues last year and contributed significantly to post-Brexit Britain’s economic growth, according to a new report.

The ‘India meets Britain Tracker 2017’, released annually by Grant Thornton in collaboration with the Confederation of Indian Industry (CII), have found that Indian companies employ around 110,000 employees in the UK and last year it had a combined capital expenditure of ‎£4.25 billion.

“The Modi government’s pro-business agenda is creating the right environment for Indian businesses to pursue and realise growth at home and overseas,” said Anuj Chande, Head of South Asia Group at Grant Thornton UK.

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