Building a tech future between the UK and India
As I write, I’m in India for an thrilling three days to launch the brand new UK-India Tech Partnership, agreed between our prime ministers on Narendra Modi’s go to to the UK final month.
Britain is constructing all over the world and strengthening our bonds with previous mates for the longer term.
The UK and India are a pure match for the longer term. There is far that binds our two nations. We are united by private, skilled, and cultural ties that kind the dwelling bridge between us – and naturally by cricket, my private sporting ardour.
We are each utilizing our technological experience to enhance the lives of our residents: by rising commerce and boosting funding, by creating development and jobs, and by addressing the nice social challenges of our time.
This new Tech Partnership is ground-breaking, bold work – we don’t assume such a big, broad, coordinated tech partnership exists between nations wherever else on this planet – and can pave the best way for a raft of latest offers, bringing jobs and funding to each our nations.
The modern partnership will develop a UK-India Tech Hub in Delhi and pair companies, universities and tech establishments in our two nations. We are additionally pairing areas of every nation that we imagine complement one another and may work to 1 one other’s mutual profit.
It will unfold throughout the nation too. Our Northern Powerhouse will probably be linked to Karnataka, and they’re going to concentrate on knowledge, augmented and digital actuality, superior supplies and synthetic intelligence – fields the place each areas already boast appreciable strengths.
And the Midlands Engine will hyperlink with Maharashtra, with a concentrate on the transport of the longer term, together with autonomous autos. They will collectively take into account points reminiscent of low-emission, battery storage and car lightweighting, and work collectively on the options.
Once we all know which approaches to those pairings work, we are able to undertake and adapt them between different areas.
The UK-India Tech Hub will convey collectively a staff of consultants within the British High Commission in Delhi and work to extend tech funding and exports.
Seize the alternatives
The UK-Israel Hub, on which it’s based mostly, has been a terrific success. Since it was established in 2011 it has generated £62m value of offers, with a possible influence of £600m for the UK. We are assured the UK-India Hub will surpass that achievement.
On a packed schedule, I’ll meet UK and India traders to take ahead work on new offers in rising fields like fintech, cybersecurity, health-tech and good cities. I can even launch the expanded Tech Rocketship awards, which assist Indian tech startups set up their companies within the UK, bringing recent innovation to our nation.
As digital transforms our lives, our societies and our economies, the nations which might be decided to profit from will probably be those that thrive. We and India share that ambition. Through modern and forward-looking initiatives reminiscent of this UK-India Tech Partnership we’re each on track to grab the alternatives this transformative tech brings.
Publish Date: 2018-05-11 05:48:00