Grant Thornton is an international network of separate and independent member firms established in more than 147 countries worldwide. Global Delivery works to provide innovative multi-disciplinary solutions across service lines and expertise areas, with a customer base that spans the entire global network of Grant Thornton. We serve international member firms through dedicated offshore teams based in India and work in bilateral corridors to connect businesses with partners, identify the best business practices in India and other parts of the world, and learn from them during our collaboration.

We combine technical skills, process rigour, tools, methodologies, overall structure and strategies to seamlessly deliver services across time zones through our local talent pool.

International Business Report

As Indian mid-market businesses plan to expand their global footprint, the UK has emerged as a favoured destination. Data from the International Business Report (IBR) Q2 2024, the world’s leading survey of mid-market companies, suggests that 89% of Indian mid-market firms view the UK as a key market for growth. Showcasing similar interest, around 61% of UK businesses identify India as a key market for their business expansion.

Grant Thornton has operated in the India-UK corridor for nearly three decades to identify growth opportunities for companies in both countries. Our annual India meets Britain Tracker measures the growing scale of Indian investment in the UK  and monitors the fastest-growing Indian-owned companies and largest employers, while our annual Britain Meets India Report identifies the top UK companies in India in terms of revenue, growth and employment.

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India and the UK share a dynamic relationship that encompasses robust trade relations, vibrant cultural exchanges and strong political ties. While the talks of a Free Trade Agreement (FTA) between the two countries are underway, a successful conclusion of its negotiations is expected to increase bilateral trade to over USD 100 billion by 2030. Out of the Indian businesses surveyed, 90% demonstrate a strong understanding of the FTA’s provisions and implications, and 92% believe that an FTA with the UK will propel them to explore more opportunities in this market.

  • Strong infrastructure and innovation ecosystems
  • Ease of doing business
  • Similar corporate governance and compliance requirements as India
  • Market competition
  • High tariffs and protectionist policies
  • Complex immigration policies
Case studies

Case studies

1.
Opening doors with a regional development finance client
We assigned local experts to a member firm to help secure a strategic consulting engagement with a reputed client, enabling them to win their first project in this segment through collaborative effort.
2.
Back-office transformation for Scotland’s historic body
We collaborated on Oracle cloud implementation to reduce finance and HR costs, replacing an expensive outsourced payroll provider and laying the foundation for sustainable back-office transformation.
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Case studies

1.
Launching Financial Reporting Advisory Services in SE Asia
We helped launch Financial Reporting Advisory Services in a member firm, differentiating them in the market. Support included thought leadership, IFRS 15/16 conversions, brand building, outreach, and delivery of high-quality work.
2.
Providing peak period support for European assurance firm
We provided scalable support to a member firm during peak periods, offering competitive pricing and the flexibility to adjust experienced staff numbers based on varying demand.
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Case studies

1.
Helping public sector advisory win more government projects
We assisted a member firm in verifying Covid-19 grants for transport operators, reviewing management accounts and enhancing their public sector advisory reputation, helping them secure additional government work.
2.
Streamlining processes for a real estate development client
We supported a member firm in migrating a real estate client’s data to the IFS ERP system, improving cost efficiency, data governance, and automating MIS reporting across multiple legacy applications.