There are 12 Indian companies who employ more than 1,000 people in the UK. (Photo: Reuters) (Photo for representation)

India has emerged as the second-largest international job creator in the United Kingdom (UK) after the United States (US).

According to the UK Trade and Investment (UKTI), in 2016-17, a total of 127 foreign direct investment (FDI) projects were set up by Indian companies in the UK. These generated 3,999 new jobs, besides safeguarding the exiting 7,645 jobs.

In the same year, the US generated 24,607 jobs across 557 projects, besides safeguarding 7,197 jobs, show data of the Department for International Trade.

Despite having a higher investment than India, China could generate only 3,326 jobs and safeguard 1,444 existing ones.

Besides this, India is now also the third-largest investor in the UK, after the US and China.

A joint report by the Confederation of India Industry and Grant Thornton states that Indian companies are investing more in the UK than in the European Union.

Furthermore, 10 per cent of the Indian companies in the UK are listed on the London Stock Exchange.

Speaking about the jobs created by Indian companies, the website of the Indian High Commissioner in London states that Indian companies have created over 1,10,000 jobs in the UK so far.

At present, there are 12 Indian companies that employ more than 1,000 people.

These companies gain significance for the UK, especially in the post-Brexit scenario.

It remains to be seen what measures are taken by the UK as these companies may also look for investment opportunities in other European countries.

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