Lots of Indian tech companies see "Manchester as the new London", their comment not mine !
Manchester is about to become the 1st and largest 5G infastructure in the UK, rents are clearly much lower and it has the largest graduate population/ pipeline in Europe. Many articles in the Indian press have referenced these comments. It's almost certainly the main reason why Indian airlines are circling. It seems to be fast becoming the go - to place for Indian tech incubators.
If the train infastructure wasn't so totally clapped out the beneficial effects could ripple out beyond the M60.