The 2024 edition of the Britain Meets India (BMI) report highlights the leading UK companies operating in India, ranking them based on revenue, growth, and employment, showcasing the strong partnership between the two countries. The relationship between India and the UK has grown stronger over the years, with a focus on shared economic interests, mutual growth, and investment opportunities in India.

The UK remains one of India’s most significant trading partners with a bilateral trade relationship valued at GBP 42 billion, reflecting the deepening economic ties between the two nations.  Recent initiatives, including the 2030 Roadmap and the impending India-UK Free Trade Agreement, aim to deepen this collaboration, focusing on areas such as UK-India trade relations, investment, and innovation.

The 2024 research identified 667 British companies in India, up from 635 in 2023. Collectively, these companies have a turnover of approximately INR 5,082 billion (GBP 47.5 billion) and employ around 516,032 people.  Notably, 162 companies qualified for this year’s BMI Growth Tracker, with an average growth rate of 71%, up from 46% in 2023. From the 2023 BMI Growth Tracker, 80 companies feature in the 2024 list.

campaign.grantthornton.in/l/991702/2024-11-20/3mq7j/991702/1732081683lzw9ZQe7/Britian_Meets_India_Growth_Tracker_2024.pdf