techUK and the National Association of Software & Services Companies (NASSCOM) launched the UK-India Tech Alliance and agreed on a Memorandum of Understanding (MoU).
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The partnership between techUK and NASSCOM will support the IT sectors in both India and the UK by developing stronger links, networks and joint platforms, helping enhance the skills of the technology workforce in both countries.
UK is the second largest export market for the Indian IT-BPM industry, with $21.4 billion export revenues.
India is forecast to become the second largest market for IT by the end of 2018. The highest spending will be in the telecommunications services (37.3 percent), followed by devices (33.7 percent), IT services (19.2 percent), software (6.7 percent) and data centre systems (3.1 percent).
The new partnership between the UK and Indian tech industries will promote the growth of skills needed for a world where artificial intelligence, machine learning, big data analytics and cybersecurity will be major technology growth areas.
Debjani Ghosh, president, NASSCOM, said: “This MoU between NASSCOM and techUK will equip people with cutting-edge skills in emerging technology fields such as AI and robotics.”