Manchester UK is visiting India’s key IT cities this month to meet some of the country’s fastest growing technology companies in a drive to attract India’s top talent to the North of England, build new and existing relationships within the market and showcase the city as a leading business destination.
MIDAS, Manchester’s inward investment agency and Deloitte, are hosting prelude sessions to Deloitte Technology Fast 50 in Delhi and Bangalore, between 10 – 14th November to identify top performing companies in India’s thriving IT industry. MIDAS is also offering India’s leading SMEs and start-ups seeking collaborative opportunities in the UK, the chance to win one of two Manchester establishment packages of support worth over 1.3m or £16,000.
One of Europe’s largest tech clusters, Manchester has a strong digital infrastructure which attracts companies wanting to establish themselves in one of the city regions flourishing hubs including MediaCityUK. At the centre of the UK ‘Northern Powerhouse’, Manchester is driving innovation across the region and is an ideal business and trade destination for Indian companies to get a foothold in the UK marketplace.
According to the EY UK Attractiveness Survey 2016, India is one of Manchester’s key markets for foreign direct investment and is proving to be a popular business destination for Indian companies. Indian organisations with established operations in the English city include Vistaar Productions, State Bank of India, HCL Technologies and Aegis.
Rajiv Sundar, Partner, Deloitte India, said: “It gives me great pleasure that Deloitte is partnering with MIDAS to host events across the country – it’s been a successful, collaborative year for both parties in terms of business education, civic engagement and ongoing conversations about direct flight routes between the two regions.
“Significant international investments in India’s tech market and other industries, has resulted in a surge in local talent and the development of business ideas which has seen the emergence of start-ups and SMEs around the country.”
Earlier this year MIDAS and Deloitte delivered a series of UK-based events as part of a ‘Make in India, Innovate with Manchester’ initiative targeted at professionals and academics from creative, digital and tech, advanced manufacturing, life sciences and aviation sectors.
Tim Newns, chief executive officer, MIDAS, said: “India is a critical market for Manchester and through focused efforts to strengthen relationships, we hope our partnership creates further trading opportunities to help boost both economies.
“Manchester has a competitive cost base compared to other UK cities, has a world-class talent pool and provides access to markets. With four leading universities in the city region, there are plenty of opportunities for academia and businesses to collaborate. A leader in digital health, Manchester pioneered the first large-scale, real world clinical trial, the GSK Salford Lung Study and is the UK’s Internet of Things (IoT) Demonstrator Site.”
The Manchester city region prides itself on its vibrant culture which is enhanced by a large Indian diaspora, and numerous Indian businesses established across the landscape include those from the creative, digital and tech sector.
Tim Newns concluded: “Manchester is thrilled to be working with Deloitte once again and we’re excited about meeting India’s leading tech firms. We also look forward to bringing a high-level delegation to India in coming months to progress the Media City project.”