There are now a record 842 Indian companies operating in the UK, up from about 800 in the previous year, with combined revenues of almost £48 billion (£46.4 billion in 2018), according to a Grant Thornton-CII report. Indian companies paid over £684 million in corporation tax, which is almost double the amount recorded in last year’s report (£360 million). The report says these companies have a total head count of 104,783, up slightly from previous year.

This article appeared in Business Standard on 24th July, 2019.