The UK India Business Council released its 5th annual "Doing Business in India" report, which found that UK companies are generally upbeat about doing business in India. Some key findings:
- 56% of UK companies said it is getting easier to do business in India. Perceptions of corruption as a barrier dropped sharply from over 50% in 2014 to 17.5% in 2019.
- Legal/regulatory impediments remain the top barrier cited at 59%, followed by identifying partners and taxation issues.
- 26% of UK companies plan to do more business with India after Brexit.
- Maharashtra was seen as the best state for ease of doing business, followed by Delhi. Bureaucracy