India Inc to create 6,500 new jobs in UK

Written by: Adith Charlie
(Adith Charlie, May 4) 20 Indian companies are investing in the UK and creating 6,500 new jobs under a £1 billion bilateral trade deal. Serum Institute of India Pvt. Ltd. is the top investor with a $300 million (£240 million) commitment to expand its vaccine business, set up a new sales office, create new jobs, support clinical trials, and explore the possibility of a manufacturing unit. Biotech firm Global Gene Corp is the second-largest investor with a £59 million R&D outlay and a plan to create 110 high-skilled jobs over the next five years. Wipro Limited (£16 million, 500 jobs), I2 Agro (£30 million, 465 jobs) and STL – Sterlite Technologies Limited (£15 million, 150 jobs) are other corporates that are expanding their presence in the UK.

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