<p>India has come out as Britain's third biggest job maker by investing in 122 projects. The USA remains the largest source of inward investment, with a total of 564 projects in 2014, followed by France (124 projects) and India (122 projects).<br><br>Investment from India increased by 65 per cent in FDI which helped in create 9,000 new and safeguarded jobs in 2014. There was also evidence of a strengthening relationship with China, with 99 projects in 2014 resulting in more than 3,000 new jobs.<br><br>The UKTI inward investment report also showed FDI went towards a wide range of sectors and industries, with many containing a research and development element. It highlights the UK’s leading position as a centre for research, innovation and technology.<br><br>Advanced manufacturing – which includes automotive, aerospace and advanced engineering sectors – recorded the highest number of FDI projects and jobs.<br><br>A report revealed to mark the UK’s National Day at the World Expo in Milan by UK Trade and Industry (UKTI) highlights how India’s investment in the UK forms part of a record £1 trillion of foreign direct investment (FDI) in the UK in 2014, making it the top FDI destination in Europe.<br><br>British Commissioner to India, Sir James Bevan KCMG said: “India and the UK share a long-standing, highly collaborative relationship, fuelling the prosperity of both countries and we greatly value our association with India. The fact that in 2014-15 Indians were the third largest job creators in the UK is a tremendous testimony to the strength of our ties, while the UK is also the largest G20 investor in India, proving the two-way relationship. As Prime Minister Modi said, when the UK and India work together, we are ‘an unbeatable combination’.<br><br>At a time when global FDI flows have fallen, investors from India understand that the UK is welcoming, diverse and open for business.”<br><br>The annual investment figures from UKTI for the 2014/15 financial year show the UK has attracted 12 per cent more FDI projects compared to the previous year.</p>
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