Aiming enhancement of the India-UK ties, British Prime Minister Theresa May, flew to India on Sunday on a three-day visit, on her first bilateral trip since joining the office. While the Brittish PM will be holding talks with her Indian counterpart Narendra Modi, she’ll also be inaugurating the India-UK Tech summit to improve the trade, investment, defence and security relation between the two nations.
Prior her visit to India, May had described India as “most important and closest” friend of the United Kingdoms and said that through her visit she’ll be promoting the ‘best of Britain, sending out the message that we are open for business, and making the most of the opportunities offered by Brexit as the world’s foremost champion of free trade”.
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Speaking at the India-UK Tech Summit, Modi showcased his government’s initiatives in sectors like smart cities, startups and digital economy as he sought enhanced engagement with Britain.
“Together, we can create a vibrant and thriving environment for new commercial applications with breakthrough technologies,” he said at the event, also attended by visiting UK Prime Minister Theresa May.
09:42 am: The ‘Start-up India’ programme aims at converging innovation and technology with entrepreneurship for tech-savvy youth. “Today, India and the UK have emerged amongst the top three largest startup hubs in the world with an exciting ecosystem of investors and innovators,” he said.
09:41 am: “I believe that India and the UK must continue to nurture and support an ecosystem of high quality fundamental research to pave the way for joint technology development that can address global challenges,” Modi said.
Stating that the India-UK Tech Summit focuses on higher education, he said it is vital for Indian students and will define the bilateral engagement in a shared future.
India & UK must continue to nurture research that can fight global challenges: PM Modi pic.twitter.com/CyKv2Yz9Bq
— ANI (@ANI_news) November 7, 2016
“We must therefore encourage greater mobility and participation of young people in educational and research opportunities,” he said.
09:40 am: The Prime Minister said even though the quantum of bilateral trade has remained at the same level for the past five years, investments in both directions have been robust. India, he said, is the third largest investor in the UK, and Britain is the largest G20 investor in India. Both countries support large numbers of jobs in each other’s economies.
09:38 am: We also expect Make In India to be an important aspect of India-UK bilateral engagement: PM Modi
09:35 am: India & UK must continue to nurture research that can fight global challenges, says PM Narendra Modi as Theresa May visits India on her first bilateral visit.
09:33 am: Stating that both countries face numerous economic challenges in the current global environment which directly affect trade and commerce, Modi said, “But I am confident that together we can leverage our scientific strengths and technological prowess to create new opportunities.”
09:30 am: Describing India as the fastest growing economy, PM Modi stressed on the importance of the two nations to work together.
09:28 am: Affordable healthcare, clean energy, technology are the sectors opening new potential for India-UK businesses to bring innovation, says PM Modi.
09:26 am: UK has experienced resilient growth in recently, it excels in academic quests and technological innovations: PM Modi
An honour for us that you chose to visit India as your first bilateral visit outside Europe: PM Modi at India UK TECH Summit pic.twitter.com/fRQ4v4Vm8u
— ANI (@ANI_news) November 7, 2016
09:24 am: We have agreed to establish a clean energy R&D Centre on solar energy & a new Anti-Microbial Resistance initiative: PM Modi at UK-India Tech summit.
Prime Minister Narendra Modi addresses the UK-India Tech summit.
09:15 am: There is so much potential when it comes to India-Britain relationship, we have a special bond: UK PM Theresa May on her first bilateral visit to India.
09:13 am: In Britain we are working on economic & social reforms. Indian investment is helping us diversifying our economy: UK PM Theresa May at the India-UK Tech summit.