India trade deal to create over 2,000 UK tech roles

Infosys, HCL, and Wipro commit to new jobs as part of £1 billion investment deal between the UK and India

The flags of India and the UK side by side

India-based companies Infosys and HCL Technologies will together create 2,000 new digital jobs in the UK as part of government efforts to create a stronger UK-India relationship.

This comes off the back of a new £1 billion UK-India trade and investment deal to be announced today by PMs Boris Johnson and Narendra Modi at a virtual meeting.

They are also set to agree on an Enhanced Trade Partnership and commit to a UK-India Free Trade Agreement in the future.

The new package includes over £533 million of new Indian investment into the UK, covering vital sectors such as health and technology. The package will create 6,500 new jobs around the UK, 2,000 of which will be created by Infosys and HCL. Infosys has said that these jobs will be created over the course of the next three years.

Other Indian tech companies are set to create jobs as well, including MPhasis, which will create 1,000, Wipro which will create 500, and Mastek, which will create 357.

Infosys, which is chaired by Chancellor Rishi Sunak’s father in law N. R. Narayana Murthy, will also partner with BP to decarbonise the company’s 11 campuses across India. It was also revealed that Johnson spoke to the CEOs of leading Indian tech firms and investors such as Infosys and HCL last week.

Related Resource

Why aren’t women heading more tech startups?

Sample our exclusive Business Briefing content

The Business Briefing Issue 49 - Why aren't more women heading tech startups? - IT ProDownload now

“Like every aspect of the UK-India relationship, the economic links between our countries make our people stronger and safer,” said PM Boris Johnson. “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.

Last week, the heads of Google and Microsoft announced they would help fight the growing coronavirus crisis in India. Google announced £13 million in new funding for the country, to help families hit hardest by the crisis and to aid UNICEF to acquire urgent medical supplies.

Featured Resources

B2B under quarantine

Key B2C e-commerce features B2B need to adopt to survive

Download now

The top three IT pains of the new reality and how to solve them

Driving more resiliency with unified operations and service management

Download now

The five essentials from your endpoint security partner

Empower your MSP business to operate efficiently

Download now

How fashion retailers are redesigning their digital future

Fashion retail guide

Download now

Most Popular

The benefits of workload optimisation

The benefits of workload optimisation

16 Jul 2021
Samsung Galaxy S21 5G review: A rose-tinted experience
Mobile Phones

Samsung Galaxy S21 5G review: A rose-tinted experience

14 Jul 2021
RMIT to be first Australian university to implement AWS supercomputing facility
high-performance computing (HPC)

RMIT to be first Australian university to implement AWS supercomputing facility

28 Jul 2021