India has become the Second Largest Source of FDI for the United Kingdom
The statistics for the number of Foreign Direct Investment
(FDI) projects in the Financial Year 2019-20 in the United Kingdom was released
on 10th July 2020 by the United Kingdom Government’s Department for
International Trade (DIT).
As per the Figures provided by DIT, the second-largest
source of FDI in the United Kingdom is now from India.
United States continues to be the number one source of FDI
in the United Kingdom with 462 projects resulting in 20,131 jobs.
Having invested in 120 projects, India has moved to second
These 120 projects have resulted in 5,429 jobs. In Financial Year
2018-19 India was in third place with 106 projects that resulted in 4858 jobs.
In Financial Year 2019-20, Germany, France, China, and Hong
Kong were the 3rd, 4th, 5th, and the 6th largest source of FDI for the United
FDI to the United Kingdom has witnessed an overall 4 percent
increase in the Financial Year 2019-20 as compared to the previous Financial