IT major, Tech Mahindra announced on Friday that it is planning to create new revenue streams and add 1,000 jobs in the UK.
The collaboration will be with a leading academia and research institute in the UK to co-innovate at Tech Mahindra’s Makers Lab in Milton Keynes, It said in a statement.
This came into implementation during the visit of British Prime Minister Boris Johnson to India; as he announced a new UK-India collaboration on Artificial Intelligence.
UK Prime Minister Boris Johnson said, “Trade and investment between the UK and India are creating good jobs and sustaining livelihoods in both of our countries.”
He added, “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.”
CP Gurnani, MD & CEO, Tech Mahindra said, “Innovations and applications of Artificial intelligence (AI) can significantly transform the productivity and create revenue streams for businesses in the UK.”
He added, “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 UK as well as globally.”
The main aim of this initiative is to grow innovation and prosperity in both countries. Tech Mahindra is amongst the top technology Indian Investors in the UK.
Together with the academia and research institute, Tech Mahindra Makers Lab will bolster NXT of AI growth in the UK and across 90+ countries where it operates.
