Digital Secretary bats for British tech in India
11 May 2018
The Digital and Culture Secretary, Matt Hancock, begins a three-day visit to India to launch the UK-India Tech Partnership and pave the way for a raft of new deals bringing jobs and investment to both countries.
He will confirm the partnership will link the Midlands Engine with Maharashtra with a focus on future mobility including low emission and autonomous vehicles, battery storage and vehicle lightweighting.
He will say the Northern Powerhouse will be linked to Karnataka with a focus on data, augmented and virtual reality, advanced materials and AI. He will say, if successful, he expects the partnership to link other regions in the UK and India.
The partnership, announced during Prime Minister Narendra Modi’s recent visit to London, will pair businesses, universities and tech institutions in the two countries and develop a new UK-India Tech Hub in Delhi.
In Delhi Mr Hancock will address the Indian tech industry body NASSCOM, meet leading Indian firms including Paytm, Quatrro and DevITPL, and confirm a new UK-India Tech Thought Leadership Summit will be held in India in the Autumn.
He will meet with UK and India investors to lay the foundations for new deals in areas such as fintech, cybersecurity, health-tech and smart cities. He also launched the expanded Tech Rocketship awards, which helps Indian tech start-ups establish their businesses in the UK, boosting fresh innovation in Britain.
In Mumbai he will champion the UK’s artificial intelligence and fintech industries at an event hosted by the Confederation of Indian Industry (CII) and Indian business leaders. This will build on recent agreements for the UK’s financial services industries to work closer together and build stronger economic links between London and Mumbai.
Digital and Culture Secretary Matt Hancock said:
“The UK and India are global leaders in tech and by deepening our ties we can open up huge opportunities for business and citizens in both countries.
“Our new UK-India Tech Partnership will not only lay the foundations for new investment, growth and jobs, but it will also boost collaboration on the technologies of the future that will improve and revolutionise our lives.”
Matt Hancock will be the first cabinet minister to visit the country following Indian PM Narendra Modi’s visit to the UK for the Commonwealth heads of government meeting last month, where the countries announced £1bn worth of new commercial deals and more than 5,500 tech jobs.
The UK and India have strong and historic ties in sport. Mr Hancock will also promote the 2019 Cricket World Cup and the ECB’s new South Asia Strategy, and will agree to work closer with India to tackle match-fixing and anti-doping in sport. He will visit the National Museum’s ‘India in the World’ Exhibition developed in partnership with the British Museum, and support newly launched BBC World Service language services at the World Service Delhi Bureau.