- India's Bharti Enterprises said on Monday it would acquire a 24.5% stake in BT, worth 3.2 billion pounds , to buy out the British company's top investor Patrick Drahi.
Here is a look at some other Indian companies that own British firms. * TATA GROUP The Indian business behemoth owns the UK-based luxury carmaker Jaguar Land Rover, while Tata Steel has plants in Britain, including the Port Talbot facility. In 2023, Tata announced a more than 4 billion pound investment in a UK electric car battery factory.
* RELIANCE INDUSTRIES Reliance New Energy Solar Ltd bought British battery technology company Faradion Ltd for $135 million in 2021. Reliance Brands Ltd acquired a 100% stake in the 259-year-old British toy store chain Hamleys from C Banner International Holdings in 2019. * WIPRO Indian IT firm Wipro acquired Capco, a UK-based management consultancy firm in a $1.
45 billion deal in 2022. * EICHER MOTOR The iconic British motorcycle manufacturing company Royal Enfield was bought out by Eicher Motor Group in 1994 and is now headquartered in Chennai. Founded in 1901 in Worcestershire, England, it is the oldest global motorcycle brand in continuous production.
* MAHINDRA AND MAHINDRA LTD Mahindra and Mahindra Ltd bought BSA Motorcycles in 2021 and brought the defunct motorcycle brand back into circulation after a nearly 50-year production halt. Standing for Birmingham Small Arms Company Ltd, BSA was founded in Birmingham in 1861, for the production of firearms and is globally kn.