Categories: International

India becomes second-largest foreign investor in UK

India has become the second-largest source of foreign direct investment (FDI) in the United Kingdom. According to the new data released by the UK government in Department for International Trade (DIT) inward investment statistics for 2019-2020, India invested in 120 projects and created 5,429 new jobs in the UK. According to the data, United States delivered 462 projects and 20,131 jobs and hence remains the number one source of FDI for the UK.

Boost your Banking Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams

Among the top source of FDI for the United Kingdom, India improved its ranking from previous best of third largest spot to second largest in fiscal year 2019-2020. In the standings, India was followed by Germany, France and China, and Hong Kong.

Find More International News 

Recent Posts

Celebrating Good Governance Day- Honouring Atal Bihari Vajpayee’s Legacy

Good Governance Day, also known as Sushashan Diwas, is observed annually on December 25 in…

5 hours ago

President Appoints New Governors For Five States

In a significant move aimed at reorganizing governance and addressing political and administrative challenges, President…

8 hours ago

December 25th Current Affairs Challenge

Exams such as SSC, Banking, Railways, and state-level tests offer paths to prestigious positions in…

14 hours ago

What is the Old Name of Mysore?

Mysore, a city in the southern state of Karnataka, India, is famous for its rich…

1 day ago

India Squad For Champions Trophy 2025

The upcoming Champions Trophy 2025 marks the ninth edition of the ICC Champions Trophy, featuring…

1 day ago

ICC Champions Trophy Schedule 2025 Announced- India vs Pakistan

The 2025 ICC Champions Trophy is set to mark the ninth edition of this prestigious…

1 day ago