Friday, May 3, 2019

UK top choice for Indian investors with record investments in 2018: Report

London emerged as the top choice for Indian investors ahead of other cities such as Dubai and Singapore, with investments by Indian companies in the British capital reaching an all-time high last year, according to a new analysis. The UK emerged as the top most country to attract Indian FDI with 52 projects, ahead of the US (51) and the UAE (32), in 2018, said London & Partners (L&P), the Mayor of London's promotional agency, in the new analysis released here on Friday. Indian companies choosing to invest and expand in London reached an all-time high last year, with 32 investment projects a giant leap from the previous year, it said. "Foreign Direct Investment (FDI) from India into London increased by 255 per cent from 2017 to 2018. And, investment into the UK from India grew by over 100 per cent compared with the previous year, with London accounting for over 60 per cent of all Indian investment into the UK in 2018," notes the analysis, based on fDi Markets and fDi ...

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