JPIN<\/a><\/u>, the largest bilateral investment banking platform across the UK and India, explains why India has experienced such a fast growth, how the country differs from\u00a0other economies, and how the LSE\u00a0can maintain their competitive edge in a post-Brexit era.<\/p>\nDubbed as Asia’s Silicon Valley, India is home\u00a0to some of the world’s most successful CEOs, who are at the helm of steering\u00a0global conglomerates\u00a0such as Alphabet, Microsoft, Twitter, Adobe, FedEx and most recently, Starbucks. The economic powerhouse is already one of the top destinations for investors looking for tech startups and despite\u00a0global\u00a0‘stagflation’, India continues to thrive in development, IT and digital technology.\u00a0Currently boasting over 100 unicorns, it is producing one every ten days and will be instrumental in supporting the UK\u2019s tech growth in the coming years especially after the Free Trade Agreement is passed.<\/p>\n
In comparison,\u00a0a chairman of the London Stock Exchange (LSE)\u00a0has recently warned that the UK must act fast in “tearing up decades-old orthodoxies and water down a host of stock market rules” to ensure that London remains a relevant destination for flotations and capital raisings. He added that the capital\u00a0is no longer the “default” European venue for listings and equity raises, and that the LSE,\u00a0once flying with the likes of New York, Shanghai, and Tokyo, could diminish to that of a regional exchange if it continues to shrink at the current pace.\u00a0Although Brexit has presented a vital opportunity for the UK to branch out towards markets outside of Europe, experts have asserted that this should also work alongside the implementation\u00a0of radical reforms to ensure that London persists as a relevant destination for flotations and capital raisings.<\/p>\n
As of June this year, the number of companies trading on the LSE stood at 1,900 \u2013 a slight decrease from 1,994 during the same time last year. For context, negotiations regarding Brexit first\u00a0started in 2016, when the number of listed companies on the LSE reached 2,348 in January that year.\u00a0London has traditionally been known as the world’s most international stock exchange. In 2020, 25% of the world’s cross-border IPO capital was raised in London, and three of London’s five largest IPOs were international. In comparison, only 13 listings took place in the first six months of this year, raising just shy of\u00a0$150m \u2013 a staggering 71% and 99% decline on the last two years respectively.<\/p>\n
Nayan Gala, investment specialist and founder of JPIN, comments on India’s fast-growing economy and how the UK can maintain its competitive edge:<\/strong><\/p>\n“Despite a few dips in the past two years due to the effects of a pandemic and an ongoing war, India has continued to show signs of real development and record economic growth \u2013 which has resulted in a huge leap ahead of Britain.<\/em><\/p>\n“This monumental moment clearly illustrates how companies hailing from the country are successfully positioning themselves for the changing landscape in technology. As one of the leading hubs of IT and technology, I expect to see an increasing number of investors turning East in search of the startups that could shape the future of the global economy.<\/em><\/p>\n\u201cLondon has always been an attractive destination for companies looking to go public, with a particular interest from international businesses. The last few years have\u00a0evidently\u00a0presented a few challenges\u00a0\u2013 but now, particularly with the opportunities\u00a0Brexit has provided,\u00a0there are some outdated aspects of the UK\u2019s stock market regulation that could also be reassessed to present further opportunities.\u00a0This will likely assist with boosting the stock volume,\u00a0value and quality, and could result in a significance bounce back of the LSE.”<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"India surpassed Britain to become the world’s fifth largest economy in the final months of 2021. This comes as the London Stock Exchange (LSE) continues to fall down the international ranks, with the nation in the midst of an energy shortage, a brutal living squeeze, and the highest rate of inflation in four decades. India […]<\/p>\n","protected":false},"author":7,"featured_media":21918,"comment_status":"closed","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_mo_disable_npp":""},"categories":[1],"tags":[22102,22100,19556,22103,22101],"acf":[],"yoast_head":"\n
India Overtakes Britain To Become Fifth-largest Economy - OpenBusinessCouncil Directory<\/title>\n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n\t \n\t \n\t \n