Indian tech giants Wipro and Zoho have emerged as the fastest-growing Indian companies in the United Kingdom, marking a new milestone in India–UK business relations. According to the 2025 edition of the Grant Thornton–CII India Meets Britain Tracker, the number of Indian-owned businesses operating in the UK has surged to a record 1,197—up 23% from last year.
This growth is driven by increasing demand for digital transformation, AI capabilities, and localised service delivery across British enterprises. It also coincides with the finalisation of the UK–India Free Trade Agreement, anticipated to significantly boost trade volumes and bilateral economic collaboration.
Wipro and Zoho Take Top Spots
Wipro IT Services UK Societas recorded a staggering 448% year-on-year revenue growth, becoming the fastest-growing Indian company in the UK. The company’s localisation strategy, combined with long-term contracts such as a £500 million, 10-year agreement with Phoenix Group, has helped it gain strong footing across London, Reading, and Edinburgh.
Zoho Corporation entered the Tracker for the first time and immediately became its fastest-growing new entrant, posting 197% growth and generating £67 million in revenue. The company attributes its success to agile sales execution and a threefold increase in its UK workforce, particularly in Bletchley, to enhance local customer support.
AI and Tech Services Driving Momentum
The 2025 Tracker notes a substantial rise in Indian investments in the UK’s AI, cloud computing, and digital services sectors. The technology, media, and telecom (TMT) sector accounts for 31% of all Indian companies listed in the report, followed by pharmaceuticals and chemicals at 22%, and financial services at 10%.
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The rise of Indian-owned businesses aligns with a broader surge in enterprise digital transformation and AI deployment. With both Zoho and Wipro offering AI-integrated platforms and managed services, the demand for Indian innovation is poised to grow.
A Milestone in UK–India Economic Ties
Collectively, Indian-owned UK businesses generated £72.1 billion in revenue, paid £67.3 million in corporation tax, and employed over 126,000 professionals. This includes both long-established entities and newer entrants across sectors such as manufacturing, fintech, IT services, and R&D.
According to Anuj Chande OBE, Partner at Grant Thornton, the record number of Indian businesses operating in the UK marks a turning point: “For the first time, we’ve crossed 1,000 Indian-owned companies in the UK. With the new FTA poised to increase UK GDP by £4.8 billion, we expect this growth to continue.”
As India’s digital prowess expands, companies like Wipro and Zoho are redefining what global success looks like for Indian enterprises—combining innovation, local impact, and long-term strategic thinking on international soil.
