India became second biggest investor in London

Posted on:17 Mar 2016 12:39:15

India became second biggest investor in London
17 March 2016 Current Affairs: London & Partners, the official promotional company for London, on 15 March 2016 announced that India has emerged as the second biggest investor in London after the US.The company revealed that there has been a 117 per cent increase in Indian companies across all business sectors investing in London since 2005. Also, there has been a 133 per cent increase in tech companies investing in the city, which accounts for 46 per cent of all projects.Software testing service Cigniti Technologies and customer support company Kayako and many others invested majorly in technology sector.The figures were released at the inaugural India Emerging 20 (IE20) event that brought together leading entrepreneurs from India and Britain.The 20 Indian companies were selected to come to London to meet and interact with senior business leaders, venture capital investors and decision makers from major global companies. The winners come from a broad range of categories including life sciences, artificial intelligence, IT services, cyber security, sports tech, travel tech, ad tech, e-commerce and analytics.The IE20 offers an opportunity for companies to test themselves against the best and win recognition on the international stage. The benefits include opportunities to meet and network with peers, industry experts and investors, which offers the opportunity to maximise a company’s global potential


Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs May 2017

27 MAY
NEWS
26 MAY
NEWS
25 MAY
NEWS
24 MAY
NEWS

Current Affairs April 2017

29 APRIL
NEWS
28 APRIL
NEWS
27 APRIL
NEWS
26 APRIL
NEWS

Current Affairs March 2017

31 MARCH
NEWS
30 MARCH
NEWS
29 MARCH
NEWS
28 MARCH
NEWS