Information Technology firm Tech Mahindra said it plans to create new revenue streams and add 1,000 jobs in the UK. The tech giant will collaborate with a leading academia and research institute in the UK to co-innovate at Tech Mahindra, Makers Lab in Milton Keynes, said in a statement.
British PM Boris Johnson, made an announcement regarding a new collaboration between the two countries, during his 2–day visit to India. The initiative aims to grow innovation and prosperity in both the countries and harness the power of emerging technology to confront global challenges.
CP Gurnani, Tech Mahindra CEO and MD said innovations and applications of Artificial Intelligence can significantly transform productivity and create revenue streams for businesses in the UK. He said, “We are also committed to investing in the local communities we operate in, and initiatives like these will help increase the employability of future technologists in the UK as well as globally.
Johnson said, “trade and investment between the UK and India is creating jobs and sustaining livelihoods in both the countries.” He said he was pleased that Tech Mahindra had decided to join the legions of Indian companies investing in the UK, boosting our technology sector and driving economic growth.
