Ken Livingstone yesterday paid tribute to the contribution London’s Indian community makes to London’s economy, culture and creative industries.
Speaking at the Indian Conference at City Hall, Mr Livingstone told delegates that there are over 10,000 Indian-owned businesses in London, accounting for around three per cent of all businesses in the capital. In 2002, these companies employed almost 49,000 people and had a turnover of over £8 billion.
He praised London’s Indian community, which comprises 6 percent of the capital’s population saying their “success is apparent through their strong socio–economic position, business success, role in the creative industry sector, levels of educational achievement and contribution to health services and culture.”
“London is the hub of the Indian community and culture in Europe, and home to the largest Hindu and Sikh temples outside India. In February 2004, 18 Indian companies were listed on the London Stock Exchange. We should work together to forge and sustain this unique link – London is India’s gateway to Europe.”
The Mayor also highlighted the lack of Indian political representation in London – the capitcal has one only Indian MP and there are no Indians as Council leaders or any Indian members of the London Assembly.