Tech Mahindra, a provider of digital transformation, consulting and business re-engineering services and solutions, will 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 enable co-innovation at Tech Mahindra’s Makers Lab in Milton Keynes. Makers Lab is a research & development hub for co-innovation of solutions and services of the future with customers, partner companies, research institutions, universities and startups.
This announcement is in line with Prime Minister Boris Johnson’s announcements regarding the new UK-India collaboration on artificial intelligence made during his visit to India. The initiative aims to grow innovation and prosperity in both countries and harness the power of emerging technologies to confront global challenges.
Tech Mahindra is amongst the top Indian technology investors in the UK and together with the academia and research institute, Tech Mahindra Makers Lab will bolster AI growth in the UK and across 90+ countries where it operates.
“Trade and investment between the UK and India is creating good jobs and sustaining livelihoods in both of our countries,” said Johnson.
“I’m very pleased that Tech Mahindra has decided to join the legions of Indian companies investing in the UK, boosting our technology sector and driving economic growth.”
The initiative is in line with Tech Mahindra’s focus on co-innovation & digital transformation with customers, partners, and academia by leveraging next gen technologies. The association with academia and research institutes will further enable Tech Mahindra to pave the way for job creation and build an ecosystem of interns and scholars to drive innovations in AI and data science.
CP Gurnani, MD & CEO, Tech Mahindra, said: “Innovations and applications of artificial intelligence can significantly transform productivity and create revenue streams for businesses in the UK.
“Tech Mahindra aims to bring out the best of solutions powered by next-gen technologies for industries to solve specific challenges.
“We are also committed to investing in the local communities we operate in, and initiatives like these help increase the employability of future technologists in the UK as well as globally.”