Tuesday, August 20 2019

July 13, 2019

UK is the third largest FDI investor in India

finance minister Piyush Goyal,India News

Union Minister of Commerce and Industry and Railways, Piyush Goyal, will be on a three-day visit to the United Kingdom from 14th July 2019.He will address India – UK Joint Economic Trade Committee (JETCO) meeting in London.
Today around 800 Indian companies operate in UK employing 104, 932 persons, spanning goods like automotive, pharmaceuticals and chemicals and services in sectors like technology, engineering and finance.
UK is the third largest FDI investor in India and is among Indias main trading partners. Trade totalled Euro 13.6 billion in 2018. Moreover, trade between India and UK increased at an average rate of 8.8% per year between 2002 and 2018.