UK’s Indian Business Boom: Record Numbers Revealed by Grant Thornton

UK’s Indian Business Boom: Record Numbers Revealed by Grant Thornton

India‑UK Business Boom: A Fresh 12‑Year Look at Indian Firms in Britain

Grab your favorite coffee – the latest Grant Thornton India Meets Britain Tracker just dropped, and the numbers are anything but ordinary. India‑owned companies now rock the UK market with over 1,197 firms – a jump of more than 23% from last year’s 971. Bang, a lot of “Bang”.

Why the Numbers Matter

  • Growth Record – This is the highest annual rise Grant Thornton has noted since beginning the count in 2017.
  • Economic Bond Strengthens – The surge underscores the widening thread of commerce that ties India and the UK together.

What the Tracker Looks At

The report not only lists the fastest‑growing Indian‑owned companies but also highlights top employers, performance trends, and where these firms call home across the UK.

New Faces & Fresh Partnerships

This year’s edition was buttressed by a collaboration with the India Global Forum (IGF), adding its seasoned expertise to the mix. The report is ready to go live on 18 June, with UK Secretary of State for Business and Trade Jonathan Reynolds and Indian Commerce Minister Piyush Goyal slated to kick things off at the Queen Elizabeth II Centre.

Revenue & Job‑Creation Heat‑Map

Indian companies in the UK pulled in £72.14 bn last year, a rise from £68.09 bn in 2024. They bring 126,720 jobs to the country—and added more than 8,000 jobs in the last 12 months. Talk about a hiring spree!

Women at the Helm

Female directors now sit in 24% of boardrooms – up from 21% in 2024. The progressive move shows a step toward a more balanced leadership landscape.

Fast‑Track Success Stories

  • 74 companies kicked off revenue growth at or above 10%.
  • Those 2025 tracker firms achieved an average 42% growth with a combined turnover of £32.6 bn.
  • They paid £67.3 m in corporation tax and created 56,000+ jobs.

Wipro IT Services UK Societas tops the growth charts with a whopping 448% revenue surge. Close on its heels is newcomer Zoho Corporation Limited – a tidy 197% growth. Twenty fresh firms joined the tracker this year, while 41 persisted from last year.

Geography & Industry Insights

  • London remains the go‑to hub, hosting 47% of the tracker companies. The South of England follows at 24.3%.
  • Technology, Media & Telecom (TMT) leads the pack with 31% of the firms.
  • Pharmaceuticals & Chemicals occupy second place at 22%.
  • Financial Services grew to 9.5% of the total, a peak driven by Indian banks and fintech brands easing into the capital’s bustling finance scene.

Quotes from the Big Players

Anuj Chande, Partner & Head of South Asia Business Group at Grant Thornton:

  • “India’s relationship with the UK is deep, old, and now fast‑forwarding with a new free‑trade pact that promises £25.5 bn of extra trade by 2040. You can’t ignore this deal – it’s like a high‑speed rail connecting these two business giants.”
  • “Congrats to everyone in the 2025 tracker. Their resilience and ambition show Indian firms’ global prowess.”

Manoj Ladwa, Founder & CEO of The India Global Forum:

  • “Reforms over the last decade have reshaped India’s global business outlook. The tracker confirms how seriously Indian companies treat the UK as a trading partner.”
  • “The new UK‑India Future Forum is the platform propelling this partnership forward, and we’re all excited for brighter horizons.”

Confederation of Indian Industry underlines that the new free‑trade agreement will turbo‑charge trade, ushering in a golden era of economic exchange.

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