Delhi-NCR, India, State

Modi & May talk trade, Travel and investment in Indo-UK Tech Summit

Modi & May talk trade, Travel and investment in Indo-UK Tech Summit

TIL Desk/National/New Delhi/ Highlighting the importance of technology which plays a significant part in forging strong ties between New Delhi and London, Prime Minister Narendra Modi said it is vital for India and the United Kingdom, two countries linked by history, to work together to define the knowledge economy of the 21st century. “A natural collaboration emerges in India’s rapidly developing financial services sector. ‘Fintech’ is emerging as the next big transformation for India as we bring 220 million new households into the umbrella of the ‘Jan Dhan Yojana’.

This financial inclusion scheme is being melded with mobile technology and the unique identification card to form the largest social security program in the world,” he said. Speaking at the Tech Summit held at the national capital which aims to reinforce friendship between India and the UK, Prime Minister Modi said, “In the current global environment, our two countries face several economic challenges which directly affect trade and commerce.

But I am confident that together we can leverage our scientific strengths and technological prowess to create new opportunities.” He said there is an opportunity for India and UK to collaborate in the ‘Digital India’ Program and expand information convergence and people centric e-governance. “The convergence of my government’s flagship development missions, our technology achievements and aspirations, and our strong bilateral relations offer huge new growth avenues for Indian and British industries,” Prime Minister Modi said.

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