Indian IT giant Tech Mahindra is set to establish a significant presence in MediaCityUK.
The new innovation office will employ 80 individuals and marks a notable expansion of Tech Mahindra’s operations in the United Kingdom.
The announcement comes in conjunction with a new business partnership between Manchester and India, unveiled at the House of Commons.
Lord Jim O’Neill remarked on the significance of this partnership, highlighting the ‘rising importance of global cities in forging strategic international partnerships.’
India, one of the world’s largest and fastest-growing economies, provides a valuable opportunity for Manchester to enhance its air connectivity, trade, science, and cultural links.
The Manchester-India partnership will be chaired by Andrew Cowan, the Chief Executive of Manchester Airport.
David Landsman, chair of the CII India Business Forum and executive director of Tata Limited, emphasised the increasing focus on the economic relationship between the UK and India.
He stated, ‘There’s probably never been more attention on the economic relationship between the UK and India, as India undertakes significant market reforms and the UK prepares to leave the EU.’
David Landsman highlighted the substantial contributions Indian businesses make to the British economy.
He remarked, ‘It’s time to put the spotlight on the huge contribution which Indian businesses make to the British economy.’
The partnership is seen as a strategic move to strengthen economic ties in light of significant market reforms in India and the UK’s preparation to exit the European Union.
Tech Mahindra’s move to open an innovation office in MediaCityUK is expected to bring technological advancements and job opportunities.
The new office will employ 80 people, further boosting the local economy.
MediaCityUK has been a hub for creative and technological enterprises, and Tech Mahindra’s arrival underscores its growing importance.
The partnership aims to enhance not just economic but also cultural and scientific links between Manchester and India.
This holistic approach is expected to foster a deeper mutual understanding and collaboration.
Both cities will benefit from shared knowledge and expertise in various fields.
The Tech Mahindra office in MediaCityUK is expected to foster innovation and collaboration in cutting-edge technology sectors.
There is anticipation of further strengthening of economic ties between the UK and India.
The initiative is a reflection of the dynamic and forward-thinking strategies embraced by both regions.
This move is seen as a testament to MediaCityUK’s growing status as a leading centre for innovation and business.
Tech Mahindra’s establishment of a new base in MediaCityUK marks a significant milestone.
It builds on the strengths of the Manchester-India partnership, promoting economic, cultural, and scientific ties.