2023
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
US
|
|
|
Japan
|
|
|
Canada
|
|
|
UK
|
Detailed explanation-1: -India has retained its position as the second largest source of foreign direct investment (FDI) for the United Kingdom. Indian companies have invested in at least 99 projects in the UK and created over 4, 800 jobs.
Detailed explanation-2: -India has remained the second largest investor in the UK for another year as revealed in the UK’s Department for International Trade Foreign Direct Investment (FDI) 2021/22 figures.
Detailed explanation-3: -India is the 2nd largest FDI contributor in the UK. Over 900 Indian companies operate in the UK which has generated a total turnover of USD 68.04 Bn, employing 141, 005 people in 2022. India’s trade in goods and services with the UK increased to USD 31.34 billion in 2022 from USD 19.51 billion in 2015.
Detailed explanation-4: -USA is India’s second biggest investor with FDI of $10.5 billion, with 18 per cent of total FDI.