India-UK: Partners in Manufacturing and Engineering
Why the UK?
The UK offers a robust, business-friendly environment to reliably expand, trade and invest.
- Tax and incentives - The UK has one of the lowest corporation tax rates in the G20 and is highly competitive within Europe. We're business-friendly and offer a range of tax reliefs to give flexibility to domestic and international companies
- Talent and labour - The UK is the top-rated major European economy for attracting global talent and has one of the largest labour forces in Europe, with lower labour costs than Italy, France or Germany
- Innovation - The UK offers global businesses one of the best and most ambitious ecosystems in the world to grow innovative companies
- Infrastructure - The UK has the largest air transport system in Europe. We operate a robust energy grid supported by the world's largest offshore windfarm and benefit from advanced road and rail systems and 100 sea ports
- Clean growth - The UK is leading the race to a net zero carbon economy, with cutting-edge technology and revolutionary research
- Free ports - Freeports will unlock new investment opportunities, drive growth, and support trade, innovation, and commerce across the UK
Regions in the UK
Midlands
The Midlands is a magnet for overseas investment, offering discounts for advanced manufacturing and automotive research.
North of England
North England is home to world-leading design and manufacturing. It also produces 50% of UK nuclear projects and 30% of all renewable energy projects.
Scotland
Scotland is one of the UK’s top investment destinations, attracting more foreign investment than anywhere in the country outside of London.
Northern Ireland
Northern Ireland is the world’s top destination for fintech development inward investment. The region also benefits from low-cost customer support services.
Wales
Welsh industry is diverse, including world-leading innovation in compound semiconductor technology, life sciences, energy and the environment.
South of England
South England is the UK’s top destination for overseas expansion, focusing on financial services, pharmaceuticals, biotechnology, aerospace and data.
UK Manufacturing Facts 2020/21
Manufacturing made smarter challenge – UK Government invests £147m, will raise productivity by 30% and accelerate the drive to Net Zero emissions.
India Manufacturing Facts
- Highest growth sector in India
- Government aims to create 100 million new jobs by 2022
- The sector has the potential to reach US$1 Trillion by 2025
- India’s industrial output that is measured by the Index of Industrial Production (IIP) stood at 116.6 in May 2021.
- Capacity utilisation in India’s manufacturing sector stood at 66.6% in the third quarter of FY21
PAN INDIA MANUFACTURING ZONES SNAPSHOT
India map with all 44 industrial zones identified
Themes for collaboration
- Digital manufacturing (Industry 4.0)
- Flexible and distributed manufacturing
- Light-weighting through design and use of advanced materials
- Sustainable manufacturing
- Robotics, automation and artificial intelligence
- Additive manufacturing
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