India Meets Britain Tracker: Indian Companies in UK Surge 60%; Turnover Crosses £105 Billion
India-UK economic corridor gains momentum as bilateral trade rises 11.7%, employment exceeds 203,000
Prime Focus International Services emerged as the fastest-growing company, registering growth of 1,283 percent, followed by Zydus Pharmaceuticals UK with growth of 320 percent.
London/New Delhi: Indian investment in the United Kingdom has reached a new milestone, with the number of Indian-owned companies operating in the country surging nearly 60 percent year-on-year to 1,912 in 2026, according to the latest India Meets Britain Tracker released by Grant Thornton UK.
The report revealed that the combined turnover of Indian-owned businesses in the UK climbed to £105.77 billion in 2026, compared with £72.14 billion a year earlier, underlining the growing strength of the India-UK economic partnership.
Published jointly by Grant Thornton UK, the Confederation of Indian Industry (CII), and India Global Forum (IGF), the annual tracker is regarded as one of the most comprehensive assessments of Indian business activity in the UK.
The findings come amid strengthening bilateral economic ties between the two countries. India-UK trade reached £47.4 billion in 2025, marking an 11.7 percent increase over the previous year, driven largely by growth in advanced manufacturing, clean energy and technology sectors.
The report highlighted strong business performance among Indian firms operating in the UK. Sixty-six companies recorded annual revenue growth of at least 10 percent, with an average growth rate of 61 percent. Prime Focus International Services emerged as the fastest-growing company, registering growth of 1,283 percent, followed by Zydus Pharmaceuticals UK with growth of 320 percent.
Employment generated by Indian businesses in the UK also recorded significant expansion. Indian-owned companies now employ 203,549 people across the country, representing a 60.6 percent increase compared with 2025.
Jaguar Land Rover Automotive PLC, owned by Tata Motors, remained the largest Indian employer in the UK with 44,103 employees. Tata Steel and Borelli Tea Holdings followed with workforces of 19,600 and 5,040 employees respectively.
The tracker also recorded progress in gender diversity, with women now accounting for 26 percent of directors across the tracked companies, up from 24 percent last year.
Technology, media and telecommunications continued to dominate the sectoral landscape, maintaining their position as the largest area of activity for Indian businesses in the UK. Major contributors included LTIMindtree, Wipro and Prime Focus. The pharmaceutical sector also recorded strong growth, led by companies such as Zydus Pharmaceuticals.
London remained the preferred destination for Indian businesses, hosting 38 percent of the companies covered in the report. However, regional diversification continued, with nearly 27 percent of firms operating from southern England outside London, while the Midlands and northern regions attracted increasing levels of Indian investment.
According to the report, the implementation of the India-UK Comprehensive Economic and Trade Agreement (CETA), signed in July 2025 and expected to come into force shortly, is expected to accelerate bilateral trade and investment flows further. The agreement aims to simplify trade regulations, strengthen investor confidence and support the shared goal of achieving $100 billion in bilateral trade by 2030.
Anuj Chande, partner and head of South Asia Business Group at Grant Thornton UK, said the latest findings demonstrate the growing strategic importance of the India-UK business corridor.
“The India Meets Britain Tracker 2026 highlights the remarkable achievements of Indian businesses in the UK. With CETA now in place, the India-UK corridor is poised for unprecedented growth, creating value for both economies and cementing a long-term partnership,” he said.
Industry bodies associated with the report said the trade agreement is expected to unlock fresh opportunities for investment, innovation and collaboration across sectors including technology, clean energy and advanced manufacturing.
Key Highlights
• Number of Indian-owned companies in the UK: 1,912 (up from 1,197)
• Combined turnover: £105.77 billion (up from £72.14 billion)
• Corporation tax paid: £378 million
• Employment generated: 203,549 jobs
• Female directors: 26 percent
• Bilateral India-UK trade: £47.4 billion in 2025
• Fastest-growing company: Prime Focus International Services (1,283 percent growth)
• Largest employer: Jaguar Land Rover Automotive PLC (44,103 employees)
About India Meets Britain Tracker
The India Meets Britain Tracker is an annual report that analyses the performance, investment footprint and employment contribution of Indian-owned companies operating in the United Kingdom. It is published by Grant Thornton UK in partnership with the Confederation of Indian Industry and India Global Forum.
