NEW TECH PARTNERSHIP BETWEEN INDIA AND UK

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During Prime Minister Narendra Modi’s five day visit to the United Kingdom (UK) to for Commonwealth Heads of Government Meeting, 2018, Prime Minister Narendra Modi and Prime Minister of the UK, Theresa May, in their bilateral meeting, agreed to establish UK-India Tech Alliance to provide access routes to markets for British and Indian entrepreneurs and small and medium enterprises.

On 18th April 2018 the leading trade organisations- National Association of Software & Services Companies (NASSCOM), India and TechUK of the United Kingdom agreed on a memorandum of understanding (MoU) which will pave the way for hi-tech companies to create investment and export opportunities and to further enhance the skills of the technology workforce in both the countries.

The two trade associations have come together for the creation of UK-India Tech Alliance with a vision to promote the growth of skills required for technology innovation in the areas such as artificial intelligence (Al), machine learning, big data analytics and cyber-security.

Ms. Baroness Fairhead, Minister in the UK Department for International Trade (DIT) said that “Tech is at the heart of this new relationship between our two countries and we welcome TechUK and NASSCOM’s (National Association of Software & Services Companies) commitment to working together to strengthen the skills base in both countries that will be key to driving economic growth, development and prosperity,”.

Mr. Debjani Ghosh, President, NASSCOM said, “This landmark MoU between NASSCOM and TechUK will equip people with cutting-edge skills in emerging technology fields such as AI and robotics. We are delighted that NASSCOM’s FutureSkills initiative will be the basis for improved collaboration between our IT industries.”

This new partnership will ensure to encourage innovation and productivity by helping businesses in the UK and India collaborate on emerging technologies and develop digital skills in both countries.

Taruna Verma

Senior Associate

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