Karnataka among top 3 Indian states bringing in foreign direct investment into UK

News Network
June 8, 2024

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London: Maharashtra followed by Karnataka and Delhi are the top three states of India bringing in foreign direct investment (FDI) into the UK, according to a new joint report produced by the Confederation of Indian Industry (CII) and the High Commission of India in the UK.

Indian Assets: Charting the Journeys of Indian Companies in the UK, launched in London earlier this week, revealed that companies headquartered in Maharashtra brought in the highest amount of FDI into the UK at 20 per cent in 2023, followed by Karnataka (12 per cent) and Delhi (8.6 per cent).

Completing the top 10 tallies are the states of Gujarat (7.1 per cent), Tamil Nadu (6.7 per cent), Telangana (6.5 per cent), Uttar Pradesh (5.9 per cent), Haryana (4.5 per cent), West Bengal (3.14 per cent) and Kerala (3.05 per cent) -- making up 78 per cent of the total FDI from India into the UK.

“As India and the UK continue to evolve and navigate the complexities of a rapidly changing global landscape, I believe that our businesses reimagining the India-UK corridor will realise our shared vision and aspiration for a secure and sustainable future prosperity,” said  Vikram Doraiswami, the Indian High Commissioner to the UK, who launched the report in London.

The analysis finds the leading sector bringing in FDI from India in terms of the number of companies and employees is IT and software, highlighting the achievements of Indian companies in the UK across sectors such as automotive, electric car batteries, diagnostics and healthcare, and technology.

It also spotlights the positive impact Indian companies can have on heritage British brands and how the value of these legacy brands is retained and protected when acquired by Indian companies.

“Today, Indian companies with operations in the UK have integrated themselves into the British economy, making their mark in industries in almost all leading sectors. Their ability to adapt, innovate, and forge meaningful partnerships has not only propelled their growth but has also enriched the economy of the UK and its regions, promoting job creation, driving investment, and fostering a culture of diversity and inclusion,” said CII Director General Chandrajit Banerjee.

Among some of the other findings of the report, new Indian students cumulatively contributed an estimated GBP 4.3 billion (Rs 45,611 crore) to UK universities against the backdrop of a 5 per cent increase in UK student visas last year.

It also showcases the robust relationship that Indian companies have across different UK regions, with the West Midlands, London and the north-west being the top recipients of Indian FDI in the UK across the fields of automotive, software and IT services and energy.

According to the latest official data from the UK’s Department of Business and Trade, total trade in goods and services (exports plus imports) between the UK and India was GBP 39.0 billion (Rs 4.1 lakh crore) in the four quarters to the end of Q4 2023, an increase of 4.8 per cent or GBP 1.8 billion (Rs 19,093 crore) in current prices from the four quarters to the end of Q4 2022.

India was the UK’s 12th-largest trading partner and the second-largest source market for the UK, bringing in 118 new projects and creating 8,384 jobs.

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News Network
March 3,2025

Thiruvananthapuram: The Kerala assembly on Monday witnessed heated argument between Chief Minister Pinarayi Vijayan and the opposition Congress-led United Democratic Front over the increasing violence involving youths as well as the drug menace.

The chief minister blamed it on films that celebrate violence, competitiveness among youngsters and lapses in parenting as key reasons for the increasing violent tendency among the youngsters. He also stressed the need to carry out awareness campaigns and said that there would not be any compromise in enforcement.

Congress gave a notice for adjournment motion in the house in the wake of the back to back incidents of violence involving students, the latest being the death of a tenth standard student at Kozhikode the other day following an attack by five other students. Considering the gravity of the scenario, the government allowed a discussion on the matter.

The Chief Minister was agitated over Congress leader Ramesh Chennithala, who presented the notice for the motion, accusing the government of failing to curb the drug menace and also alleged of links of CPM's student outfits Students' Federation of India in brutal violence at campuses. Vijayan was also irked as Chennithala pin pointed the attack on him by repeatedly using 'Mr. chief minister'.

Vijayan said that the increasing criminal tendency among children was a global issue. "As the world becomes very competitive right from studies to jobs, the younger generations are becoming more restless. The competitiveness, which seems to be an outcome of globalization, was also causing enmity in young minds. With parents failing to spend adequate time with children, the children and getting addicted to digital devices," said Vijayan.

He also said that there were police reports that children were even getting attracted to goonda gangs after being influenced by films that celebrate violence. The sensor board needs to look into the matter. Web series and social media were also badly influencing children.

Listing out the number of drug peddling cases nabbed by the police and excise departments in the recent years, Vijayan said that there was no lapse in enforcement.

Opposition leader V D Satheesan extended the opposition's support to the government in fighting the menace.

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coastaldigest.com news network
March 3,2025

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In a significant policy shift, the central government has amended the passport application process, making birth certificates the sole valid proof of date of birth for individuals born on or after October 1, 2023. This move aims to streamline documentation and ensure uniformity in age verification.

Mandatory Birth Certificate for New Applicants

The new rule, announced last week as part of the amended Passport Rules, will take effect after its publication in the official Gazette. As per a notification dated February 24, the Ministry of External Affairs has revised the requirements for submitting proof of date of birth when applying for a passport.

For individuals born on or after October 1, 2023, only birth certificates issued by the Municipal Corporation, the Registrar of Births and Deaths, or any other authorized body under the Registration of Births and Deaths Act, 1969, will be accepted as valid proof of date of birth.

However, those born before this date can continue to submit alternative documents, including school transfer certificates, matriculation certificates, PAN cards, driving licenses, or extracts from service records.

Changes in Residential Information

To enhance privacy, applicants’ residential addresses will no longer be printed on the final page of passports. Instead, immigration officers will retrieve this information by scanning an embedded barcode.

New Colour-Coded Passports

The government has also introduced a colour-coding system for passports:

  • White passports for government officials
  • Red passports for diplomats
  • Blue passports for ordinary citizens

Parental Information No Longer Required

Another major change is the removal of parents' names from the last page of the passport. This revision is aimed at protecting personal information, particularly for individuals from separated or split families.

Expansion of Passport Seva Kendras

To enhance accessibility, the government plans to increase the number of Post Office Passport Seva Kendras (POPSKs) from 442 to 600 over the next five years. The Department of Posts and the Ministry of External Affairs (MEA) have extended their Memorandum of Understanding (MoU) to facilitate this expansion, ensuring continued passport services at POPSKs.

Officials noted that passport rules regarding date of birth had not been updated for a long time, largely because many rural residents lacked birth certificates. However, with stricter enforcement of the Registration of Births and Deaths Act, 1969, birth certificates have now become the only recognized proof for those born after October 1, 2023.

These sweeping changes mark a significant update in India’s passport application process, reinforcing security, privacy, and efficiency in document verification.

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Media Release
March 5,2025

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New Delhi: Former U.S. President Donald Trump has announced plans to develop a state-of-the-art missile defense system called the ‘Golden Dome’, inspired by Israel’s ‘Iron Dome.’ Addressing a joint session of Congress, Trump declared his intention to build “the most powerful military of the future” and pledged funding for a comprehensive missile shield to protect the U.S. homeland.

A Modern Take on Reagan’s Vision

Trump claimed that former President Ronald Reagan had envisioned a similar system decades ago but lacked the technology to bring it to life. The initiative he referred to was the Strategic Defense Initiative (SDI) of the 1980s, which aimed to intercept intercontinental ballistic missiles (ICBMs) but was eventually abandoned following the collapse of the Soviet Union.

How Will the ‘Golden Dome’ Work?

The U.S. already has several missile defense systems in place. Trump’s ‘Golden Dome’ would likely integrate existing technologies, including:

🔹 Space-Based Infrared System (SBIRS) – Satellites that provide early missile launch warnings.

🔹 Ground-Based Midcourse Defense (GMD) – Interceptors in Alaska and California designed to shoot down ICBMs.

🔹 Aegis Ballistic Missile Defense (BMD) – A naval-based system for intercepting short- to intermediate-range missiles.

🔹 Terminal High Altitude Area Defense (THAAD) – A mobile system to destroy medium- and intermediate-range missiles.

🔹 Patriot Advanced Capability-3 (PAC-3) – Interceptor missiles designed to counter Chinese hypersonic threats.

Comparing with Israel’s ‘Iron Dome’

Israel’s multi-layered missile defense includes:

✅ Iron Dome – Protects against short-range rockets.
✅ David’s Sling – Targets mid- to long-range missiles.
✅ Arrow-2 and Arrow-3 – Designed to intercept long-range ballistic missiles.

With the U.S. contributing over $3.7 billion toward Israel’s Arrow defense system, Trump’s ‘Golden Dome’ could follow a similar model but on a much larger scale.

While the feasibility and timeline of this ambitious project remain unclear, Trump's announcement signals a renewed push for advanced missile defense in an increasingly volatile world.

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