India recorded $1422 mn FDI inflow from UK in 2019-20: Grant Thornton report
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Last Updated: Feb 17, 2021, 06:54 PM IST
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Synopsis
The report prepared in collaboration with the Confederation of Indian Industry (CII) and with the support of the UK’s Department of International Trade observes the latest trends on the UK investments in India.
The report has predicted the India-UK bilateral relations to touch a new high in the post-Covid world.
BENGALURU: The FDI inflow from the UK to India has increased from $898 million in 2015- 16 to $1,422 million in 2019-20, according to Grant Thornton Bharat’s Britain Meets India report released on Wednesday.
UK s investments in India continue to grow: Report
By IANS |
Published on
Wed, Feb 17 2021 20:06 IST |
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Growth chart. (File Photo: IANS). Image Source: IANS News
New Delhi, Feb 17 : India-UK relations will touch a new high in the post-Covid world, says a Grant Thornton Bharat-CII Britain Meets India report.
According to the report, India is likely to be a priority country for the UK, especially post Brexit, leading to an enhanced economic partnership.
The strengthening of partnership can be gauged from the developments on the investment front where FDI inflow from the UK to India for a particular year increased from $898 million in 2015-16 to $1,422 million in 2019-20.