In a recent development, Britain and India have announced new commercial trade and investment deals to create over 6,500 jobs in the UK. The UK-India trade and investment was announced by the UK Prime Minister, Boris Johnson, on Tuesday.
The investment deal is worth over £533 million that will be pumped in by Indian companies into the UK to create thousands of jobs in the growing sectors, including health and technology. Of this, £200 million will be deployed to support low carbon growth.
Furthermore, the partnership that has been agreed will set the ambition to double the value of UK-India trade by 2030.
Prime Minister Boris Johnson said: “Like every aspect of the UK-India relationship, the economic links between our countries make our people stronger and safer. Each and every one of the more than 6,500 jobs we have announced today will help families and communities build back from coronavirus and boost the British and Indian economies.”
Infosys creates 1,000 digital jobs
Infosys is an Indian multinational information technology company providing business consulting, information technology and outsourcing services. The company announced that it is all set to create 1,000 digital jobs in the UK to fuel its growth post the pandemic crisis. The new hires will work across cloud computing, data and analytics, open-source technologies, artificial intelligence, and enterprise services.
HCL Technologies creates 1,000 jobs in the UK
HCL focuses on transformational outsourcing with a focus on innovation and value creation. The company offers an integrated portfolio of services including software-led IT solutions, remote infrastructure management, engineering and R&D services and BPO. HCL Technologies is also focusing on creating 1,000 jobs in the UK.
Mphasis invests £35M to create 1,000 UK jobs
Mphasis is an IT services company that applies next-generation technology to help enterprises transform businesses globally. The company enables enterprises directly address the pressing need to become fast, innovative and personalised in their response to digital disruption. It has been announced that Mphasis will invest £35 million to create 1,000 jobs in the UK.
Wipro invests £16M to create 500 UK jobs
Wipro provides information technology, consulting and business process services. The company helps customers do business better by leveraging their industry-wide experience, deep technologyexpertise, comprehensive portfolio of services and vertically aligned business model. Now, Wipro announced that it will invest £16 million to create 500 jobs in the UK.
Mastek creates 357 jobs in the UK
Mastek is an Indian multinational technology company offering enterprise-level digital transformation services and software for large public and private enterprises in the UK, US and India. The company specialises in building, maintaining and managing bespoke digital solutions for clients. Now, as a part of the governments’ announcement, Mastek eyes to create 357 jobs in the UK.
Sterlite Technologies pumps £15M to create 150 UK jobs
Sterlite Technologies is an Indian manufacturer of optical fibres, telecommunication cables and power transmission conductors. Sterlite’s vision is ‘Connect every home on the planet’. The company announced that it would pump £15 million investment to create 150 jobs in the UK.
Global Gene Corp invests £59M to create 110 jobs in the UK
Global Gene Corp is a genomics company that specialises in collecting data from under-explored patient populations with a current focus on gathering genetic information of people of Indian descent. It analyses patients’ DNA in order to find individualised treatment. Global Gene Corp announced that it would invest £59M to create 110 jobs in the UK.
Serum Institute of India to invest whooping £240M
Serum Institute of India (SII) is an Indian biotechnology and pharmaceuticals company. It is one of the world’s largest vaccine manufacturers. Vaccines manufactured by the company are accredited by the World Health Organization (WHO) and are used in nearly 140 countries across the globe. Among the Indian companies investing in the UK, the Serum Institute of India leads by pumping £240 million.
CRON Systems pumps £20M to create 100 UK jobs
CRON Systems is an Indian defence technology startup, which builds multi-sensor enabled intrusion detection systems. Besides ground intrusion, CRON systems also builds solutions to detect drones and work on automated patrol vehicles. The company intends to invest £20M in a bid to create 100 jobs in the UK.
Route Mobile invests £20M to create 50 UK jobs
Route Mobile is a global cloud communication service provider delivered via mobiles, enabling enterprises to create better customer experiences. It intends to pumps £20M to create 50 jobs in the UK.