26 British Companies Secure Business In India, 18 Indian Firms To Invest In UK
Airbus & Rolls-Royce will soon begin delivering Airbus aircraft – with over half powered by Rolls-Royce engines – to major Indian airlines as part of around £5 billion worth of contracts recently agreed
Chennai: From the trade deal with India, the UK expects nearly £6 billion in new investments and export wins. Around 26 British companies have secured new business in India and 18 Indian firms have confirmed investment in the UK in the coming years.
These investments will drive jobs in high-growth sectors like aerospace, technology and advanced manufacturing and result in £4.8 billion increase to UK GDP each year, 2,200 jobs and wage increase of £2.2 billion each year for British workers, finds UK’s trade department.
Airbus & Rolls-Royce will soon begin delivering Airbus aircraft – with over half powered by Rolls-Royce engines – to major Indian airlines as part of around £5 billion worth of contracts recently agreed. International Aerospace Manufacturing Private Limited (IAMPL) - a joint-venture between Rolls-Royce plc and Hindustan Aeronautics Limited (HAL), is expanding its manufacturing in Hosur facility with an investment of £30 million.
India’s Zerowatt Energy is setting up its Global HQ in Leicester and investing £10m over the next three years.
Carbon Clean, a UK-based leader in carbon capture, has invested £7.6 million in a Global Innovation Centre in Mumbai.
AI and data services company, DCube AI is investing £5 million in the UK. Occuity has partnered with Remidio Innovative Solutions for non-invasive eye screening with export value of £74.3 million over five years.
Johnson Matthey has secured recent contracts of over £20 million for process licensing, engineering, and catalysts supply in India and invest £4 million in a new plant at Taloja.
Marcus Evans Group expects £42million exports over the next five years from India.
LTIMindtree will expand its London operations by investing £1million. Aurionpro is investing over £20M to launch its UK headquarters. Cloudseals is investing £5 million, Antino is investing £1 million, Kiya.ai is expanding in London with £1.5 million and Kegien Enterprise, a marine products company, is investing £2.3 million in the UK.
Sanvi Industries’ UK-based subsidiary, Sinar Technology, will invest £4.6 million in agri-tech R&D.
PromptTech Global is investing £11 million in the UK, 2base technologies is investing £10 million, and Allied Digital anticipates a capital investment of £1.2 million.
Kyzer Software, Indian provider of banking software solutions, will invest £10 million, payment processor Mswipe Technologies is investing £8 million, Flamingo Pharma is expanding its UK footprint with £5 million, and Techvantage Systems is planning to invest £10 million.
Among UK companies investing in India, Virtual Autopsy UK has projected £29 million in exports to India over five years. Smile Lab’s Instasmile will launch a D2C dental business worth £20 million over 5 years in India.
Wilson Power Solutions announces £21 million investment in Chennai to quadruple transformer manufacturing capacity. MergeXR Studio has secured contracts worth £34 million with Indian studios.
Croda is investing over £50 million at Dahej in Gujarat, Lakeland Dairies Foodservice will enter India with a projected export value of £5 million, and Thor Specialities has secured business deals worth £ 45 million.
BAPIO Training Academy has signed partnerships worth £13 million with Indian healthcare providers, Buro Happold is investing £5mn, Poweronics UK £3 million, Fitworld Company expects £1.94 million exports, Anpario expects business of £2 million, and RedoQ will invest £23.8 million.
Other companies expanding business include, Bikal Technologies, ARUP, Water Offsets UK, SmartViz and Helical Tech.
