UKTI state India is UK's third largest job creator

Monday 22nd June 2015 10:17 EDT

In 2014, India proved to be Britain's third job creator, as the country saw a 65% increase in foreign direct investment (FDI).

Statistics show that India helped create 9,350 jobs in the UK last year, while the US created 36,778 jobs and 9,727 jobs by Germany.

These data have been released by the UK Trade Investment Agency (UKTI). The data also showed that between 2014 and 2015, India 7,730 new jobs and safeguarded 1,620 old jobs.

Furthermore, percentage increase in projects (65%) was highest from India, which resulted in 122 projects, making India the third largest source of FDI and the largest source of FDI from an Asian country.

Managing Director of UKTI, Michael Boyd expressed, “Our increased focus on emerging markets in recent years is starting to pay off. India has become the third largest source market for FDI projects and more than 500 opportunities have been generated through a new, private-sector led delivery model in other emerging markets.”

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