Bengaluru has emerged as a key player in driving foreign direct investment (FDI) into London, contributing 13% of global FDI into the British capital last year, according to Hemin Bharucha, Regional Director-India and Middle East at London & Partners. Bharucha highlighted that India contributes 30% of London’s global FDI, with Bengaluru alone accounting for 40% of that share. Other major Indian cities, including Mumbai, Pune, Delhi, and NCR, also play a significant role in the inflow of FDI into London.
Janet Coyle, Managing Director at London & Partners, revealed that the agency has assisted 23 companies from India this year, with 31 companies supported in the previous year. These companies contribute around 40 million pounds annually to the UK economy, as measured by jobs created and sector growth. Coyle also emphasized that Bengaluru has become a hotspot for tech-related businesses, particularly in artificial intelligence (AI), health tech, and life sciences. The agency is keen to collaborate with these companies as they expand internationally, especially in bio-innovation and decarbonisation products.
London & Partners also facilitates collaboration between Indian and London-based tech companies. In the reverse direction, the agency has helped London tech firms connect with investors and corporate giants in Bengaluru and Mumbai, fostering greater business opportunities between the two regions.
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