1 / 5India’s biggest conglomerate, the $236 billion Reliance Industries, bought British toy store chain Hamleys for $88.5 million in 2019, and battery tech company Faradion for $135 million in 2021.
2 / 5The Tata Group, with a market capitalisation of $365 billion at the end of March 2024, bought Tetley Tea for £271 million in 2000, steel maker Corus Group for $12 billion in 2007, and luxury car maker Jaguar Land Rover for $2.3 billion in 2008.
3 / 5The $39 billion Mahindra and Mahindra bought UK-based BSA Motorycles for ₹28 crore ($3.4 million) in 2016, many decades after the brand had stalled production. BSA was relaunched in 2021 in 23 countries across Europe, aside from the UK. Goldstar 650, in the picture above, the first two wheeler from the BSA stable will be launched in India on August 15.
4 / 5The Chennai-based $15 billion TVS Motor bought the iconic British two wheeler brand Norton for £16 million in 2020. In 2022, TVS Motor announced that it would invest £100 million in Norton. In 2023, the Indian company 70% stake in the e-bike maker EBCO for over £1.16 million.
5 / 5Other marquee investments include the purchase of the St James Court Hotel Ltd by The Indian Hotels, which operates the Taj chain of hotels. Indian conglomerate Essar Group owns EET Fuels, formerly Essar (Oil) UK Ltd, which focuses on decarbonisation efforts in the UK. Indian drug makers Dr Reddy’s, Cipla and Glenmark have UK units that supply medicines to the National Health Servic (NHS).
