“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

UK is the third largest investor in India (after Mauritius and USA) for the period April 2000 to March 2008.

Between January and March 2008, the highest number of FDI approvals in India was in telecommunication (three) where as the highest value of FDI approvals was in drugs and pharmaceuticals (Rs 2500 mn).  

For the period August 1991 to March 2008, the number of technical collaborations approved from UK stands at 865, which is 10.86 percent of the total technology transfer approvals (Fourth after U.S.A., Germany and Japan).

(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	19871	3.0
2008 (Jan.-March)	35863.1	7.6
Source: SIA, Federal Commerce ministry, Govt. of India

  Updated on July 4  2008