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Indian firms bet big on UK

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BS Reporter New Delhi

A report by UK Trade and Investment, a UK government organisation that helps overseas firms bring in investments, said Indian firms accounted for one of the fastest growing sources of investment to the country, in sectors like infotech and life sciences.

Major investments by Indian firms in the UK include Tata's Jaguar/Land Rover acquisition, Amtek's takeover of the Triplex-Ketlon Group and Bharat Forge's acquisition of a forging plant in Doncaster.

 

"Indian investors recognise the UK's favourable conditions. There are huge opportunities for Indian companies to build partnerships and gain from transfer of knowledge and technology, particularly through research and development investments in the UK," said Jane Owen, director, UK Trade and Investment, India.

India's economic engagement with the UK is also through the 52 listed companies in London Stock Exchange, which have a combined market capitalisation of

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First Published: Jul 04 2008 | 12:00 AM IST

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