CII, Deloitte launch India-UK technology report at Manchester iconic City Football Academy….reports Rahul Laud
UK launch event for the Deloitte and CII report, one of the main bilateral initiatives for 2016 on India-UK technology collaborations, was held at Manchester City Football Academy.
Following the engaging presentations and lively panel discussion, the report entitled ‘India –UK technology Collaborations: Smart Cities, Digital Healthcare, Advanced Manufacturing and Women in Technology’ is out now.
The event took place shortly after the high-profile launch of the report at the India-UK tech summit in Delhi, inaugurated by Prime Minister Theresa May and her Indian counterpart Narendra Modi.
The main priority for India-UK collaboration in 2016 is research and innovation. With bilateral trade at over £16 billion last year, Prime Minister Modi believes that India and the UK are ‘an unbeatable combination for enormously successful partnerships’.
The theme of the report is to illustrate successful technology collaborations between India and the UK in four sectors – digital healthcare, smart cities and advanced engineering and women in technology. The report will also explore potential areas of co operation and the likely impact.
Several government representatives and industry experts were present at the event.
It was highlighted by several speakers and experts that India and the UK have been engaging in bilateral collaborations for many years. This has evolved in recent years into innovation and developments in technology. The report illustrates opportunities for future technology collaborations between India and the UK, as the two countries build links in the four areas of focus detailed below.
The report indicates that in the Digital Healthcare area, India and the UK are both implementing ‘smart healthcare’ to harness the potential of digital solutions. Both governments share an ambition to leverage technologies developed in each other’s countries, cross-pollinate and share experience in research and technology.
According to the Report, the Advanced Manufacturing segment shows that India and the UK have placed manufacturing at the core of their economic strategies and are collaborating on advanced manufacturing areas like advanced automation, high performance materials and sustainable manufacturing.
The report highlights the key considerations in the manufacturing sector for both India and the UK, their journey including adoption of advanced manufacturing technologies and the opportunities for both the UK and India to collaborate and partner.
Another crucial segment of society that plays a pivotal role in society is Women in Technology. The report points out While traditionally the technology industry has been male dominated, given the innovative nature of the technology industry, from a gender diversity perspective, the prospects are unlimited.
Opportunities are likely to evolve, leading to creation of more roles for women that do not currently exist, besides correcting the gender disparity.
Jo Ahmed, North West Lead, India Services Group, Deloitte proposed the opening remarks on the occasion.
At the event Shuchita Sonalika, Director and Head – UK of Confederation of Indian Industry, said, “one of the key factors was the mobility of the Indian student diaspora.” She also informed that “India will be offered a Registered Traveller Scheme soon.’’
“There will be a launch of India dialogue on Home Affairs”, She added.
The report underlines that about one billion pound worth deals have been signed between UK and India in recent times.
Deloitte partner Deepak Haria, who leads its India Services Group, threw light on the recent UK India Tech summit in Delhi attended by Prime Minister’s Modi and Theresa May. Deepak said , “I think the UK delegation saw that India is ready to do business with the world and it is probably the most open country to do business in.
It is breaking down barriers in sectors like defence allowing in external investors. Retail is opening up too and the current action on currency is a very big bold move, cleaning up India showing it is above board”, he observed.
He also added what is imminent is to “skill up India to get it out of poverty so it has ready made skilled people to fuel growth.”
Tim Newns, CEO of Manchester Inward investment agency (MIDAS) reiterated Manchester’s commitment to India relations with Manchester’s Media City being held as a sterling example for Smart City development. “We refocused Manchester’s India strategy a few years ago,” he said.
“We looked at the Make in India – innovate in Manchester concept, seeing how local companies and universities could link with India and also how to link entrepreneurs with top Indian entrepreneurs encouraging them to use Manchester to engage with the UK and Europe.”
Jon Corner, The Landing CEO, Professor Wang, Associate Dean Internationalisation, University of Manchester , and Julian Hunt, Digital Health Expert, Deloitte were the other panellists on the occasion . They brought significant inputs to the discussion.