- Friday, April 19, 2024
By: Radhakrishna N S
The UK has expanded its investments in India to become the largest single western investor, according to ‘India’s Sterling Assets: Britain Meets India’ report prepared by Confederation of British Industry (CBI) and Grant Thornton. During 2000 and 2018, total foreign direct investment (FDI) which flowed into India from all channels from the UK is estimated at $50.57 billion. Of this, the UK directly invested $26.09bn in India, increasing its investment by $847 million between 2017 and 2018 representing 7 per cent of all FDI into the country, the latest report said. Close to two fifths (38 per cent) of British…
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