Snapshots of the India-Britain trade relationship

Snapshots of the India-Britain trade relationship

• Britain ranks 12th in terms of India's bilateral trade with individual countries.

  • Also among just seven in 25 top countries with which India enjoys trade surplus.

  • Bilateral trade was worth $14.02 billion in 2015-16; exports were $8.83 billion and imports $5.19 billion, giving India a positive trade balance of $3.64 billion.

  • Britain is third largest investor in India with cumulative inward flow of $22.56 billion between 2000-2015.

  • India is also the third largest investor in Britain with an estimated investment of $2.75 billion last year alone.

  • Bilateral trade in services in 2014 amounted to around 2.5 billion pounds.

  • There are an estimated more than 800 Indian-owned businesses in Britain with over 110,000 employees. Best known is Tata Motors making the Jaguar Land Rover.

  • Other Indian firms in Britain include IT, pharmaceutical, creative and financial services majors.

  • India invests more in Britain than in the rest of Europe combined, as per the Confederation of Indian Industry