“We consider UK as one of the most important source of FDI for India not only amongst the EU countries but also vis-à-vis other countries in the world. With a share of 37 percent in EU’s total outflow of FDI in non-EU countries, I think UK is a very natural and important partner for a country like India that requires massive investment for its infrastructural needs”- Kamal Nath, Indian Commerce Minister at India UK CEO's Round Table on January 21, 2008. In the first nine months of Indian fiscal year 2007-08, the highest number of FDI approvals in India was in the fuel sector. In terms of value, the highest investment amounting to Rs 7044.16 million was in telecommunication. Between 1991 and August 2007, the number of technical collaboration approved from the UK stood at 856. This accounts for 10.85 percent of total technology transfer approvals ranking fourth after the US, Germany and Japan.
 

UK investment in India
(Rs in million)
 

Year	Actual
	UK	UK share of total
1992	871.8	12.6
1993	2422.7	13.0
1994	4967.6	15.9
1995	2236.8	3.4
1996	1809.0	2.0
1997	3323.2	2.5
1998	2208.5	1.6
1999	3959.9	3.8
2000	2814.8	1.5
2001	12840.2	4.3
2002	16988.1	7.9
2003	8629.0	9.0
2004	6585.4	4.5
2005	9578.1	5.0
2006	78247.3	15.5
2007 (January-July)	13603.80	6.1
Source: SIA, Federal Commerce ministry, Govt. of India

  Top ten investing countries in the UK : 2002-03

 

Country	Projects	Total new jobs
USA	283	17271
Canada	73	1946
Germany	50	2768
Japan	49	1108
France	45	2144
China	22	234
Irish Republic	20	1397
India	19	316
Italy	15	733
Australia	14	453
Rest of EU	62	4483
Rest of the World	57	1543
Total	709	34306
Source:  invest.uk annual review 2002-03

Updated on January 29  2008