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India's Corporate Presence in UK Soars to New Heights in 2025 Tracker
- The number of Indian-owned companies in the UK rose to 1,197 in 2025 a 23% increase from 2024, the highest since tracking began.
- These firms generated £72.14 billion in revenue, created over 8,000 new jobs, and paid £67.3 million in corporation tax.
- London hosts 47% of the companies, with TMT (31%) and Pharma (22%) leading sectors; financial services saw notable growth at 9.5%.
In a remarkable sign of the deepening UK-India economic relationship, the number of Indian-owned companies operating in the United Kingdom has surged to an all-time high of 1,197 marking a significant 23% increase from 2024, when 971 companies were recorded. This milestone, highlighted in the latest India Meets Britain Tracker 2025 report by Grant Thornton in collaboration with the Confederation of Indian Industry (CII) and India Global Forum (IGF), reflects the strongest year-on-year growth since tracking began in 2017.
The collective revenues generated by these companies climbed to £72.14 billion, up from £68.09 billion the previous year. Employment also saw a sharp rise, with Indian-owned firms now employing 126,720 people across the UK and creating more than 8,000 new jobs in just one year. The report also noted a positive shift in gender diversity, with the proportion of female directors increasing to 24%, up from 21% in 2024.
The 2025 edition of the Tracker shines a spotlight on high-growth companies, with 74 firms recording revenue growth of 10% or more. The average growth rate among these firms stands at an impressive 42%, contributing to a combined turnover of £32.6 billion. These companies also paid £67.3 million in corporation tax and created more than 56,000 jobs, underscoring their growing economic contribution to the UK.
Anuj Chande, Partner and Head of the South Asia Business Group at Grant Thornton, commented, “The findings of this year’s India Meets Britain Tracker stand testimony to the deep and historic relationship between these two great nations. It is evident that India continues to see the UK as a key investment hub, and a country in which Indian firms can flourish”.
The official launch of the report took place at the Queen Elizabeth II Centre in London, during a flagship session hosted by India Global Forum, with UK Secretary of State for Business and Trade Jonathan Reynolds and Indian Union Commerce Minister Piyush Goyal in attendance.
Leading the growth rankings, Wipro IT Services UK Societas reported an astounding 448% revenue increase, followed by Zoho Corporation Limited, a new entrant with 197% growth. Sector-wise, the Technology, Media, and Telecommunications (TMT) sector dominates with 31% of the Tracker companies, followed by Pharmaceuticals and Chemicals at 22%. Financial services have also made significant gains, accounting for 9.5% of Tracker firms their highest in recent years driven by the growing presence of Indian banks and institutions in London’s financial hub.
London remains the preferred location for Indian businesses, with 47% of companies headquartered in the capital, followed by 24.3% in the South of England.
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