Maharashtra and Delhi-NCR remain the most significant hubs for UK businesses in India, together hosting 67 per centof all high-performing firms….reports Asian Lite News
Grant Thornton Bharat and the Confederation of Indian Industry (CII) noted that 146 high-performing UK companies reported annual revenues above £4.8 million, year-on-year revenue growth of at least 10 per cent, and a minimum two-year filing track record with India’s Ministry of Corporate Affairs.
This year’s Growth Tracker companies achieved an average growth rate of 49 per cent, underscoring strong expansion across multiple sectors.
“The India–UK corridor is entering a pivotal phase of scale, innovation and partnership. With 794 UK companies now operating in India and strong representation in high-growth sectors, the findings reflect deepening economic engagement,” said Pallavi Bakhru, Partner and Head of the India–UK Corridor at Grant Thornton Bharat.
She added that the India–UK free trade agreement is expected to unlock opportunities in advanced manufacturing, clean energy, digital trade and emerging technologies — driving growth, job creation and sustainability across both economies.
Among high-growth sectors, business services recorded 19 per cent average growth, followed by industrial products (18 per cent), financial services (14 per cent), technology (12 per cent) and energy and natural resources (11 per cent).
Maharashtra and Delhi-NCR remain the most significant hubs for UK businesses in India, together hosting 67 per centof all high-performing firms.
The report also highlighted that 58 per cent of UK firms in India are micro, small or medium enterprises (MSMEs).
CII Director General Chandrajit Banerjee said harmonised regulatory frameworks in healthcare and digital technologies would help reduce duplication, cut costs and enable greater MSME participation from both countries.
The report highlighted India’s growing role in Global Capability Centres (GCCs) sector, which generated $64.6 billion in 2024 and hosts over 90 UK‑headquartered GCCs employing over 1 lakh professionals.
