UK & India sign tech partnership
An ambitious agreement to identify and pair businesses, investors, universities and other organisations in the UK and Indian tech sectors has been signed.
Adapting a model used for the UK-Israel Tech Hub, the two governments will partner to encourage innovation and economic growth in both markets. The UK parties will aim to build on the estimated £358m of exports of digital services to India from the UK in 2015.
Along with the agreement, new commercial deals worth a total of £1bn were also announced by Prime Minister Theresa May and Prime Minister Modi.
The partnership will include:
- in-country experts working with the British High Commission in New Delhi, the Indian Government and the private sector to increase tech investment, exports and R&D.
- increased links between cities and regions in the UK and India
- closer ties between Tech UK and NASSCOM, the respective tech trade associations in each country, to encourage collaboration
- a pilot with Pune in Maharashtra focused on the future of mobility, and a link with Bangalore to focus on augmented and virtual reality, advanced materials and Artificial Intelligenc
- a plan to share British expertise on cyber security and connect Indian organisations with leading UK cyber protection companies
- the extension of fast Visa services to additional Indian cities and a study for the creation of a UK-India Advanced Manufacturing Centre
Digital Secretary Matt Hancock said: "This ambitious UK-India Tech Parternship will bring together some of the best minds working in tech to unlock its future potential and deliver high skilled jobs and economic growth in both countries."
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