British businesses have a long history in India and have made important contributions to the business environment and economy of the nation. The Indian economy has benefited from their activities and investments. British businesses frequently need offices and lodging for their workers, which increases demand in some regions and affects property values and commercial real estate development. This presence emphasises the dynamic character of the Indian real estate market as well as the close economic relations between the UK and India.
Indian business environment
The commercial environment of India is diverse, including industries like manufacturing, services, agriculture, and technology. The nation is renowned for having a sizable, youthful workforce and an entrepreneurial mentality. India's economy has grown significantly in recent years because to sectors like IT, pharmaceuticals, and telecommunications. The government has put in place policies to encourage foreign investment and ease of doing business.
Top British companies in India
Barclays Bank
· Industry: BFSI, Fintech
· Sub Industry: Banks
· Company Type: MNC
· Location: Worli, Mumbai 400018
· Founded in: 1690
Frequently referred to simply as "Barclays," Barclays Bank is a well-known British international bank and financial services provider. It was first established in London in 1690 as "Goldsmith Bank" and changed its name to Barclays Bank in 1896. Globally active, Barclays provides a variety of financial services, including investment banking, wealth management, retail and commercial banking, and more.
JCB
· Industry: Construction, Infrastructure, Coworking, Electrical, Electronics, Batteries, Power, Green Energy, Engineering
· Sub-Industry: Construction Machinery, Machineries, Instruments, Electrical, Electronics, Power Infrastructure
· Company Type: MNC
· Location: Mathura Road, New Delhi 110044
· Founded in: 1979
J.C. Bamford Excavators (JCB), a well-known British multinational company that produces construction and agricultural equipment, has a subsidiary called JCB India. In 1979, JCB India was created. The business is active in India and its bordering nations, where it manufactures a variety of excavators, backhoe loaders, and compactors among other construction and earthmoving equipment.
Standard Chartered Bank
· Industry: BFSI, Fintech
· Sub-Industry: Banks
· Company Type: MNC
· Location: DN Road Fort, Mumbai 400001
· Founded in: 1969
A well-known British multinational banking and financial services organisation is Standard Chartered Bank. It was created in 1969 as a consequence of the union of the Chartered Bank of India, Australia, and China and The Standard Bank of British South Africa. The bank has a substantial presence in India and provides both retail and business clients with a range of banking and financial services.
PriceWaterhouseCoopers ( PWC )
· Industry: Consulting
· Sub-Industry: Management, Accounting, Taxation
· Company Type: MNC
· Location: DLF Cyber City, Gurgaon / Gurugram Haryana, 122002
· Founded in: 1998
A well-known British global professional services network is PriceWaterhouseCoopers (PwC). When Price Waterhouse and Coopers & Lybrand combined to become PricewaterhouseCoopers, it was founded in 1998. PwC offers a broad range of services, such as consulting, audit and assurance, and advisory services. It is one of the "Big Four" accounting companies having offices in major cities and a considerable presence in India.
Jaguar Land Rover
· Industry: Automobile, Auto Ancillaries, Electric Vehicle & Dealers
· Sub-Industry: Automobiles
· Company Type: MNC
· Location: Senapati Bapat Marg, Mumbai / Maharashtra – 400013
· Founded in: 2008
Specifically under the Jaguar and Land Rover brands, the British automaker Jaguar Land Rover (JLR) focuses in the creation of premium automobiles. Although the firm was founded in 2008, both Jaguar and Land Rover have their origins in the middle of the 20th century. While Land Rover is famed for its tough and adaptable SUVs, Jaguar is known for its high-end sports cars and sedans. JLR operates and maintains manufacturing facilities in a number of nations, including India, where it assembles some of its automobiles.
G4S Secure Solutions
· Industry: Security, Safety, Facility Management
· Sub-Industry: Security Services
· Company Type: MNC
· Location: Sector – 39, Gurgaon, Haryana – 122001
· Founded in: 1901
A large variety of security solutions and services are offered by the British international security services business G4S Secure Solutions. In the UK, it was established in 1901 under the name "The Hawkhurst Gang". It eventually changed into G4S, which now provides services including manned security, electronic monitoring, risk counselling, and cash management. G4S works with customers in the public, private, and commercial sectors.
Cairn Energy
· Industry: Petroleum, Oil, Gas, Refineries
· Sub-Industry: Exploration, Production, Storage
· Company Type: Industry Top
· Location: Sector 18, Gurgaon, Haryana – 122002
· Founded in: 1981
British oil and gas exploration and production business Cairn Energy was established in 1981. The business's main office is in Edinburgh, Scotland. With a strong emphasis on the Indian subcontinent, Cairn Energy has been involved in several oil and gas exploration projects all over the world. It led to huge changes in the nation's energy industry when oil deposits were found in the Indian state of Jodhpur.
Cadbury
· Industry: Food, FMCG
· Sub-Industry: FMCG
· Company Type: MNC
· Location: Peddar Road, Mumbai, Maharashtra – 400013
· Founded in: 1824
John Cadbury founded the renowned British international candy firm Cadbury in Birmingham, United Kingdom, in 1824. It is well known for creating a variety of chocolate and candy goods, such as Cadbury Dairy Milk and Cadbury Creme Egg, among many others. The multinational snack and food corporation Mondelez International currently includes Cadbury.
Capita India
· Industry: ITES – BPO, KPO, LPO, MT
· Sub-Industry: BPO, KPO, Call Centre
· Company Type: MNC
· Location: Vikhroli West, Mumbai, Maharashtra – 400079
· Founded in: 2004
A division of the British business Capita plc, which was established in 1984, is Capita India. Capita India offers clients in India and throughout the world a comprehensive variety of BPO and IT services. Since its founding in 2004, Capita India has developed into a key participant in the Indian outsourcing market, providing services in the areas of IT, human resources, finance, and accounting.
Unilever
· Industry: Food, FMCG
· Sub-Industry: FMCG
· Company Type: India’s Top 500
· Location: Andheri (E), Mumbai / Maharashtra – 400099
· Founded in: 1930
Margarine Unie and Lever Brothers were combined to form Unilever, a British-Dutch global consumer products corporation, in 1930. It is well recognised for a variety of goods, including foods and drinks, cleaning supplies, and cosmetics and personal care items. One of the biggest consumer products corporations in the world, Unilever works internationally and has a significant presence in several nations, including India.
Demand for commercial real estate in India
Office spaces: Due to the presence of international organisations, IT firms, and startups, demand for contemporary office spaces has increased in India's main cities such as Mumbai, Delhi, Bengaluru, and Hyderabad. Modern office space is readily available, which has drawn both domestic and foreign companies, greatly aiding in the sector's growth.
Rental properties: The Indian rental property industry is booming, with a wide range of alternatives available for both residential and business premises. Because of reasons including urbanisation, migration, and the need for flexible workplaces, the demand for rental premises has been stable. The expansion of the commercial real estate industry has had a wide range of effects on the Indian economy. It has increased employment prospects, boosted the construction sector, and raised the GDP of the nation. It has also changed metropolitan skylines by adding contemporary, environmentally friendly structures.
British businesses' effects in India
The economy of India has been significantly influenced by British businesses. They have contributed capital, technology, and knowledge in a number of industries, including manufacturing, banking, and IT. As a result, the economy has grown and skills have improved. The presence of British businesses in India has strengthened India's standing internationally and promoted commercial links. However, there have been arguments around this historical relationship's impact on topics like resource exploitation and economic imperialism.
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