Points to Note
London, The number published by The Department for International Trade (UK) of Foreign Direct Investment projects in the last Financial Year (2019-20) released on 10 July 2020.
As per the Report provided by Department for International Trade, the 2nd-largest source of Foreign Direct Investment in the United Kingdom is now from India.
Highlights from the Statistics of Department for International Trade
- United States of America continues on 1st position of FDI in the United Kingdom with 462 projects resulting in 20,131 jobs.
- Having invested in 120 projects, India has moved to 2nd place. These 120 projects have resulted in 5,429 jobs. In Financial Year 2018-19 India was in 3rd place with 106 projects that resulted in 4858 jobs.
- In Last Financial Year (2019-20), Germany 3rd , France 4th, China 5th, and Hong Kong 6th the largest source of Foreign Direct Investment for the UK respectively.
- Foreign Direct Investment to the UK has witnessed an overall 4 % grow in the Financial Year 2019-20 as compared to the last Financial Year.
Elizabeth Mary Truss is a Secretary of State for International Trade since September 2019
India becomes 2nd largest foreign investor in UK India becomes 2nd largest foreign investor in UK