According to a research report, in 2014, the Indian students became the third largest revenue generator for the London city, contributing £130 million. The Indian students paid £56 million in fees and approximately £74 million in the living costs, with the money creating and supporting over 1,600 jobs.
London mayor Boris Johnson’s first-of-its-kind analysis also confirmed a fall in Indian students in the UK from 10% of all international students in London in 2010, to 4% in 2014. “Indian students coming to London and the rest of the UK have approximately halved over the last five years,” the report said.
The research revealed that the the Indian students were the key contributor to the £3 billion international students make to the economy. In 2014, London had reportedly welcomed over 106,000 international students with China being the biggest contributor followed by the US.