India is 3rd largest investor in UK

India is 3rd largest investor into the UK going by number of investment decisions for the financial year 2005-06. The following is the stastics:

US – 446 Projects – created 14,431 new jobs

Japan – 84 Projects – created 2,054 new jobs

India – 76 Projects – created 1,449 new jobs

The Indian companies have invested $2 billion in 2005-06.

Of this 76 project 22 of them were form south India, 39 from western region, 10 from Delhi and 5 from Kolkata. The reason for higher investment in UK is its status as the ideal gateway to the European marker of 500 million consumers. On the otherhand the FDI flow from the UK into Indian in 2005 accounted for 950 crore compared to 660 crore in 2004. UK is the 4th largest invester in India after Mauritius, US and Singapore.

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