Grant Thornton Bharat launches the second edition of Britain Meets India (BMI) Report 2022, in partnership with the Confederation of Indian Industry (CII), supported by the UK’s Department of International Trade (DIT). According to the report, 618 UK companies have been identified in India that together employ approximately 4.66 lakh people and have a combined turnover of INR 3,634.9 billion. 58 of these 618 companies featured in the report’s Growth Tracker (companies with turnover greater than INR 500 million and 10% y-o-y growth) – these fast-growing UK companies achieved an average growth of 36.3%, which is a 10% jump from 2021 where fast-growing UK companies clocked an average growth rate of 26%.
The report was launched by HE Alex Ellis CMG, High Commissioner of UK to India, Chandrajit Banerjee, DG – CII, Vishesh C. Chandiok, CEO, Grant Thornton Bharat and Pallavi Joshi Bakhru, Partner and India-UK Corridor Leader, Grant Thornton Bharat in New Delhi in the presence of over 50 dignitaries, industry and government representatives from the UK and India.