The United Kingdom was pushing for more investments in India, connecting entrepreneurs from both the countries, a senior UK diplomat said here today.
"We are trying to encourage investment rather than focusing on individual big deals," British Deputy High Commissioner, Bharat Joshi told reporters.
He was responding to a query on the impact of Walmart's acquisition of online retailer Flipkart for USD 16 billion last week.
Elaborating, he said, "to be honest, all those big deals do not require involvement of government participation. They happen between businesses."
On employment generation by Indian companies in the UK, he said, "5,500 jobs were created in the United Kingdom by Indian companies and one in 20 jobs in the formal sector was created by a UK company in India."
To a query on the outlook for current year, he said, "we will be doing a lot more in health care. I think, we will be seeing a lot more investments coming in digital healthcare, services in the Indian market."
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