The northern part of the United Kingdom is making a strong case for Indian businesses to choose Scotland as a base for their UK expansion plans. Scotland's people are famous for the warmth of their welcome. Home to just over five million people, it is estimated that for every person living in Scotland, another five people living across the world have Scottish ancestry. With such close and extensive connections to every corner of the world, it is no wonder that overseas visitors to Scotland are made to feel like they are returning home! English is Scotland's main language although Gaelic is actually the country's native language. Spoken by only one per cent of the population today, you will still find road signs in Gaelic (as well as English) throughout the Highlands and Islands of Scotland. Failte is Gaelic for welcome. Today, as throughout its history, Scots have made their impact felt on the world including in the fields of medicine, engineering and science, politics, history, the arts and sport. Scotland's legacy of great innovators includes the inventor of the telephone, Alexander Graham Bell, in the nineteenth century and John Logie Baird, an alumnus of Scotland's universities, who invented the television. Today, our great innovators include Professor Higgs, who first posited the existence of the Higgs Boson particle whilst a professor at the University of Edinburgh. Outside of academia, famous Scots can be found in sport, acting and music. Britain′s most successful Olympian, Sir Chris Hoy, the six-times gold medallist is a proud Scot as is tennis-player Andy Murray, currently ranked third in the world. Other famous Scots include actor Sean Connery, Ewan McGregor, James McAvoy (who studied at the Royal Conservatoire of Scotland), musicians Annie Lennox, Franz Ferdinand, Paulo Natini, Susan Boyle and violinist Nicola Benedetti. There are seven cities in Scotland: the capital Edinburgh, Glasgow, Dundee, Stirling, Aberdeen, Inverness and Perth. The most densely populated area of Scotland is known as the 'central belt' which runs west to east and includes the urban areas of Glasgow and Edinburgh. Outside the central belt, the Highlands and Islands include 90 inhabited islands and the region is frequently placed in the top five most desirable places to live in the UK. Inverness, Scotland's most northerly city is reached within three hour's drive from Edinburgh or Glasgow. TRADE & INVESTMENT A long history of innovation and invention, easy connections, both physical and virtual, to global markets and access to dynamic industry clusters and connected supply chains makes Scotland a strong bet for international investors. According to the latest Ernst & Young Attractiveness Survey, Scotland secured 119 foreign direct investment projects in 2015. This amounted to a 51 per cent increase on the previous year and compares with 20 per cent for the UK as a whole. Indeed, Scotland has overtaken the south-east of England as a destination for foreign investment and only London beats Scotland on this count now. Over 3,900 investors have chosen to make their home in Scotland. Many including Dexcom (medtech), Cezanne (Cloud HR), The Mortgage Lender (financial services), Televerde (telemarketing and marketing solutions), Red Rock (investment), Farmflo (software), Asystec (big data), having decided to invest and build their European operations from Scotland recently. Existing investors GSK, Semefab, Howden Compressors, Asensos, Stream Technologies and Tokheim have also announced major new investment into their current Scottish operations since the Brexit vote - all of which are clear votes of confidence in Scotland as a investment location of choice now and in the future. Some of the top Indian companies like TCS, Wipro, Genpact, Piramal, Hinduja Global Services Limited etc. have a presence in Scotland and continue to grow their businesses successfully. Every year for the last five years the number of expansion projects by existing investors has increased (over 200 in total) - which shows that once here investors are enjoying ongoing growth. Companies looking to internationalise can take advantage of a highly educated, skilled workforce with a strong work ethic and get access to a wide range of business support through Scotland's connected public and private sectors. There are a few unique strengths offered by Scotland that set it apart from other investment locations around the world.
Expanding our presence in Scotland with this strong government partnership advances our strategy of strengthening both our onshore delivery and digital solutions capabilities. “The Glasgow metro area has provided an exceptional talent base and favourable economic climate, especially for our financial services business. Our planned expansion will further leverage these benefits as we drive more digital-led transformation business impact for our clients.-Mohit Thukral, senior vice-president and business leader, Banking, Financial Services and Insurance, Genpact.
Tata Consultancy Services (TCS) has been engaged in Scotland since the early '80s with several long standing customers. Scotland is an important market fot TCS and Scotland is our preferred location for investment and growth. Scotland offers global IT firms like TCS, a powerful combination of highly skilled talent, pro-growth regulation and a great environment in which to do business. Also, the consistent support from Scottish Enterprise and Scottish Development International supports our growth agenda immensely.- Gopalan Rajagopalan, Head - Scotland Region & UK Public Sector TCS