Indian IT majors Wipro and Zoho are spearheading the surge in Indian-owned companies within the UK, in line with Grant Thornton’s India Meets Britain Tracker 2025.
Wipro IT Companies UK Societas, a UK-based subsidiary of Wipro, recorded an astounding 448% income progress, topping the record of fastest-growing Indian companies within the UK.
In line with the report, this dramatic progress follows the corporate’s technique of localising providers, profitable long-term contracts—together with a £500 million, 10-year settlement with Phoenix Group—and establishing innovation and supply centres in London, Studying, and Edinburgh.
Zoho Company Restricted entered the Tracker for the primary time, reaching 197% annual income progress, making it the fastest-growing new entrant. With £67 million in income, Zoho credited its success to a sensible gross sales method and tripling its Bletchley workforce to assist UK shoppers higher.
The Tracker now tracks 1,197 Indian-owned UK corporations—a 23% enhance from final yr, reflecting broader growth developments tied to improvements in AI, cloud, and digital providers.
Collectively, these companies generated £72.1 billion in income, using 126,720 skills throughout the UK, and contributed £67.3 million in company tax.
The Tracker, developed in collaboration with the Confederation of Indian Trade (CII) and, for the primary time, India International Discussion board (IGF), identifies the highest fastest-growing Indian corporations within the UK as measured by proportion income progress year-on-year.
It consists of Indian-owned firms with operations headquartered or with a major base within the UK, with a turnover of greater than £5 million, year-on-year income progress of no less than 10% and a minimal two-year monitor report within the UK, primarily based on the newest printed accounts filed as of 31 March 2025.
Anuj Chande OBE, companion and head of South Asia Enterprise Group, Grant Thornton UK Advisory & Tax LLP, stated within the report that the 2025 analysis recognized 1,197 Indian-owned corporations working within the UK, a rise of over 23% from final yr’s 971.
“I’m delighted that that is the best quantity but, crossing the 1,000 threshold for the primary time, and the biggest year-on-year enhance since we started measuring whole numbers in our Tracker in 2017. That is an thrilling time for UK-India bilateral relations as a brand new period begins with the conclusion of negotiations on the UK–India Free Commerce Settlement (FTA),” he stated, including that the historic milestone was reached on 6 Might 2025, and is anticipated to extend UK GDP by £4.8 billion and UK wages by £2.2 billion yearly in the long term.
The expertise, media, and telecom (TMT) sector stays the biggest within the Tracker, comprising 31% of corporations in 2025, up from 27% in 2024. Prescribed drugs and chemical compounds moved to second place with 22%, whereas manufacturing and engineering declined to 14%. Monetary providers grew to 10% of corporations, led by the Indian authorities and personal banks.
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