UK-India Tech Partnership to generate investment and create jobs

New Delhi, April 18: The new UK-India Tech Partnership agreed to during the bilateral meeting between visiting Indian Prime Minister Narendra Modi and his British counterpart Theresa May will help generate significant investment and create jobs, the British High Commission here said.

"An ambitious new UK-India Tech Partnership is expected to generate significant investment and support the creation of thousands of new jobs across the UK," the High Commission said in a statement.

It said under the Partnership, Britain will establish a new UK-India Tech Partnership to identify and pair businesses, venture capital, universities and others to provide access routes to markets for British and Indian entrepreneurs and small and medium enterprises.

"It follows on from the success of the UK-Israel Tech Hub which has generated £62 million worth of deals over the past five years, with a potential impact of 600 million pounds for the UK economy," it stated.