Prime Minister Boris Johnson during his first visit to India announced a deal worth £1 billion that will create as many as 11,000 jobs for Indians across the UK. Johnson said in India “I see vast possibilities for what our two great nations can achieve together. From next-generation 5G telecoms and AI to new partnerships in health research and renewable energy – the UK and India are leading the world. Our powerhouse partnership is delivering jobs, growth and opportunities for our people, and it will only go from strength-to-strength in the coming years.”
Companies that will hire employees as part of UK-India commercial deal (as per UK High Commission statement) include Switch Mobility, Mastek, Firstsource, Tech Mahindra, Mphasis, Prodapt, Bharat Forge – Tevva Motors, Jupiter Lifeline Hospitals Ltd. and TVS Motors.
Apart from this, companies like Byju’s have chosen the UK to be their first global innovation hub,
creating 55 jobs with a £15mn investment. Tata Chemicals has announced a £20mn investment to expand UK operations, creating 30 jobs. Apollo Tyres has committed £5mn investment to open a digital innovation hub in the UK, creating 25 jobs. Microlabs, an Indian Pharmaceuticals company is investing £10mn to expand in the UK. Other companies that will invest in the UK include, LTI, TVS Supply Chain Solutions, Leverage Edu, Goqii, Property Share, Xelpmoc, HyperXchange, Lepton Software, Gayam Motor Works, Searce, Manras Technologies, Forest Essentials, Start-up Voyager and Qure AI Technologies.
