• Monday, May 16, 2022

Business

Indian Investments Record 321 Per cent Rise In UK

An employee operates machinery that performs part of the carbon dioxide extraction process from cannabis plants in a processing laboratory at the GW Pharmaceuticals Plc facility in Sittingboune, U.K. on Monday, Oct. 29, 2018. The U.K. is the biggest producer of cannabis for medical and scientific purposes, according to the United Nations. Photographer: Jason Alden/Bloomberg via Getty Images

By: Radhakrishna N S

The British government has said that Indian investments, a major portion of foreign direct investment (FDI), in the UK witnessed a massive jump over the previous years recording a 321 per cent rise in 2017. The latest figures from the Office for National Statistics (ONS) show stocks from across Asia have increased by more than 33 per cent in 2017 to £128 billion and stocks from Japan increased by 71 per cent to £78bn. The greatest growth from any country has come from Indian investors, rising 321 per cent to £8bn. The figures show that investors have maintained confidence in…

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