Latest news with #TSI
Time of India
4 days ago
- Business
- Time of India
India, UK mark one year of tech security initiative, unveil new plans for AI, 6G, critical minerals
London : India and the UK reaffirmed their commitment to the Technology Security Initiative (TSI) on the first anniversary of the deal, celebrating a year of transformative collaboration in frontier technologies to drive economic growth and strengthen national security, as stated in a statement issued by the UK Government on Thursday. According to the statement, the TSI, launched in 2024 when UK Foreign Secretary David Lammy visited India last year, has achieved significant milestones in telecom, artificial intelligence (AI), critical minerals, and biotechnology, highlighting partnerships among industry, academia, and government. "Both parties welcomed the Initiative's achievements to date and underscored the transformative potential of the TSI to deliver cutting-edge innovations and generate investment across the entire technology value chain," the statement read. The statement noted key milestones during the past year under the initiative, which include a GBP 7 million joint research programme on Future Telecoms, supporting Open RAN and 5G and 6G testbed development, and collaboration between India's Centre for Development of Telematics (C-DOT) and the UK's Smart RAN Open Network Interoperability Centre (SONIC). The first UK-India Conference on AI, held in Bengaluru in February 2025, advanced responsible AI development. Meanwhile, the Critical Minerals Supply Chain Observatory completed its first phase, with GBP 1.8 million allocated for Phase Two to establish a digital data infrastructure and a satellite campus at the Indian School of Mines in Dhanbad, as noted in the statement. Additionally, a partnership between the UK's National Institute for Health and Care Research (NIHR) and India's Department of Biotechnology (DBT) in FEMTECH has strengthened women-orientated health technology. Looking ahead, the TSI aims to establish a UK-India joint centre for AI to promote trusted AI innovations, an India-UK Connectivity and Innovation Centre for secure 5G/6G and AI-driven telecoms, and a Critical Minerals Guild to enhance sustainable supply chains. The partnership will also explore the establishment of a UK-India Biotechnology Accelerator to advance biofoundries, bioprinting, and sustainable agriculture. Both nations will continue collaboration on graphene and 2D materials technology and expand TSI into futuristic, secure technologies. The statement also called on industry, startups, and academia to leverage TSI opportunities, emphasising its role in aligning national security priorities and fostering innovation. The initiative is also part of the India-UK Vision 2035, under which both countries will focus on future telecoms, AI, and critical minerals, laying the groundwork for future collaboration on semiconductors, quantum technology, biotechnology, and advanced materials. The India-UK Vision 2035 reaffirms both nations' shared commitment to unlocking the full potential of the revitalised partnership, which was announced following the signing of the Comprehensive Economic and Trade Agreement (CETA).
Time of India
4 days ago
- Business
- Time of India
India, UK mark one year of Tech Security Initiative, unveil new plans for AI, 6G, critical minerals
London : India and the UK reaffirmed their commitment to the Technology Security Initiative (TSI) on the first anniversary of the deal, celebrating a year of transformative collaboration in frontier technologies to drive economic growth and strengthen national security, as stated in a statement issued by the UK Government on Thursday. According to the statement, the TSI, launched in 2024 when UK Foreign Secretary David Lammy visited India last year, has achieved significant milestones in telecom, artificial intelligence (AI), critical minerals, and biotechnology, highlighting partnerships among industry, academia, and government. "Both parties welcomed the Initiative's achievements to date and underscored the transformative potential of the TSI to deliver cutting-edge innovations and generate investment across the entire technology value chain," the statement read. The statement noted key milestones during the past year under the initiative, which include a GBP 7 million joint research programme on Future Telecoms, supporting Open RAN and 5G and 6G testbed development, and collaboration between India's Centre for Development of Telematics (C-DOT) and the UK's Smart RAN Open Network Interoperability Centre (SONIC). The first UK-India Conference on AI, held in Bengaluru in February 2025, advanced responsible AI development. Meanwhile, the Critical Minerals Supply Chain Observatory completed its first phase, with GBP 1.8 million allocated for Phase Two to establish a digital data infrastructure and a satellite campus at the Indian School of Mines in Dhanbad, as noted in the statement. Additionally, a partnership between the UK's National Institute for Health and Care Research (NIHR) and India's Department of Biotechnology (DBT) in FEMTECH has strengthened women-orientated health technology. Looking ahead, the TSI aims to establish a UK-India joint centre for AI to promote trusted AI innovations, an India-UK Connectivity and Innovation Centre for secure 5G/6G and AI-driven telecoms, and a Critical Minerals Guild to enhance sustainable supply chains. The partnership will also explore the establishment of a UK-India Biotechnology Accelerator to advance biofoundries, bioprinting, and sustainable agriculture. Both nations will continue collaboration on graphene and 2D materials technology and expand TSI into futuristic, secure technologies. The statement also called on industry, startups, and academia to leverage TSI opportunities, emphasising its role in aligning national security priorities and fostering innovation. The initiative is also part of the India-UK Vision 2035, under which both countries will focus on future telecoms, AI, and critical minerals, laying the groundwork for future collaboration on semiconductors, quantum technology, biotechnology, and advanced materials. The India-UK Vision 2035 reaffirms both nations' shared commitment to unlocking the full potential of the revitalised partnership, which was announced following the signing of the Comprehensive Economic and Trade Agreement (CETA).
The Hindu
6 days ago
- Business
- The Hindu
Modi begins U.K. visit, trade deal to be inked today
Prime Minister Narendra Modi arrived in the U.K. on Wednesday- (July 23, 2025) evening, kicking off the first leg of his two-nation tour, as India and the U.K. prepare to sign a 'free trade' agreement (FTA) on Thursday (July 24, 2025). During the visit, Mr. Modi and U.K. Prime Minister Keir Starmer are expected to review ties, with the sides discussing technology, investment, climate, defence, trade, and migration. The Prime Minister is also scheduled to meet Britain's monarch, King Charles III. The Prime Minister's visit is fleeting — less than 24 hours long — with Mr. Modi set to fly to the Maldives on Thursday evening to celebrate the country's 60th anniversary of Independence from Britain and the 60th anniversary of diplomatic ties between New Delhi and Male. 'During my meeting with Prime Minister Rt Hon Sir Keir Starmer, we will have the opportunity to further enhance our economic partnership, aimed at fostering prosperity, growth and jobs creation in both countries. I also look forward to calling on His Majesty King Charles III during the visit,' Mr. Modi said in a pre-departure statement. The so-called 'Comprehensive Strategic Partnership' with the U.K. had made 'significant progress' in recent years, Mr. Modi said. The meeting comes exactly a year since the two countries signed a technology cooperation framework — the Technology and Security Initiative (TSI). A new bilateral investment treaty is also currently under discussion and a defence industrial cooperation framework was announced earlier this year. Commerce and Industry Minister Piyush Goyal, who is accompanying Mr. Modi on the trip, and his British counterpart, Business and Trade Secretary Jonathan Reynolds, will sign the trade agreement on behalf of the two governments. However, the impact of the trade deal with India is expected to be about 0.1% of GDP (or £4.8 billion annually) in the long run, for Britain, as per U.K. government estimates. Britain's economy is struggling and that a trade deal was signed is itself significant for Mr. Starmer. The British Prime Minister faces strong political headwinds from the right over immigration, and from his own Labour party, over attempts to cut spending on welfare. One area Mr. Starmer has been polling ahead of Conservative leader Kemi Badenoch and Reform UK leader Nigel Farage is on the issue of who is most prime ministerial, Anand Menon, a political scientist at King's College, London, told The Hindu. '… Burnishing that brand — one way to do that is to be seen with other world leaders,' he said. The world is unstable and uncertain for both India and the U.K. and forging closer ties with allies is a way of hedging, according to Mr. Menon. 'For neither side does it mean there's some deep ideological or any other affinity,' he said. Following his meetings with the Prime Minister and the king, Mr. Modi will fly to Male. 'I look forward to my meetings with President [Mohamed] Muizzu and other political leadership, to advance our joint vision of a Comprehensive Economic and Maritime Security Partnership, and to strengthen our cooperation for peace, prosperity and stability in the Indian Ocean Region,' Mr. Modi said about the Maldives leg of his trip. 'I am confident that the visit will yield tangible outcomes, benefiting our people and advancing our Neighbourhood First Policy,' he added.
NDTV
09-07-2025
- Business
- NDTV
PM Modi Likely To Visit UK This Month, India-UK Trade Deal Signing On Cards
New Delhi: Prime Minister Narendra Modi is likely to travel to the United Kingdom by the end of this month for a visit that could see both sides formally ink the landmark India-UK free trade deal and explore ways to expand bilateral ties in defence and security sphere, diplomatic sources said on Tuesday. Both sides are in the process of finalising the dates for PM Modi's visit to the UK by the end of July or the first part of August, they said. Earlier, there were indications that British PM Keir Starmer will visit India first. It is learnt that the British prime minister may visit India later this year. India and the UK are expected to formally sign the free trade deal during PM Modi's visit to London, the sources said. In May, India and the UK sealed the free trade agreement that is expected to benefit 99 per cent of Indian exports from tariffs and will make it easier for British firms to export whisky, cars and other products to India, besides boosting the overall trade basket. Along with the FTA -- the biggest the UK has done since leaving the European Union -- the two sides also sealed a double contribution convention. PM Modi had described the two pacts as a "historic milestone" to catalyse trade, investment, growth and job creation in both economies and further deepen the India-UK comprehensive strategic partnership. The trade deal, firmed up after three years of negotiations, is expected to ensure comprehensive market access for Indian goods across all sectors, and India will gain from tariff elimination on about 99 per cent of tariff lines (product categories) covering almost 100 per cent of the trade values, according to officials. A British readout had said Indian tariffs will be slashed, locking in reductions on 90 per cent of tariff lines, with 85 per cent of these becoming fully tariff-free within a decade. In 2023-24, India was the UK's second-largest source of investments in terms of the number of projects for the fifth consecutive year. During PM Modi's visit to the UK, both sides are also expected to explore ways to expand defence and security cooperation. The two sides may also deliberate on the implementation of the Technology Security Initiative (TSI). In July last year, India and the UK firmed up the Technology Security Initiative that sets out a bold new approach for collaboration in a range of priority sectors, including telecom, critical minerals, semiconductors and artificial intelligence, with a broader aim to elevate their strategic partnership to the next level. The TSI would also provide for a framework for building a broad UK-India semiconductor partnership that will leverage each other's strengths and incentives and explore mutually beneficial research and development as well as supply chain resilience. It also seeks to build upon the ambitious cooperation agenda set out in the India-UK Roadmap 2030.
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Business Standard
08-07-2025
- Business
- Business Standard
PM Modi likely to visit UK this month; India-UK FTA signing on the cards
Prime Minister Narendra Modi is likely to travel to the United Kingdom by the end of this month for a visit that could see both sides formally ink the landmark India-UK free trade deal and explore ways to expand bilateral ties in defence and security sphere, diplomatic sources said on Tuesday. Both sides are in the process of finalising the dates for PM Modi's visit to the UK by the end of July or the first part of August, they said. Earlier, there were indications that British PM Keir Starmer will visit India first. It is learnt that the British prime minister may visit India later this year. India and the UK are expected to formally sign the free trade deal during PM Modi's visit to London, the sources said. In May, India and the UK sealed the free trade agreement that is expected to benefit 99 per cent of Indian exports from tariffs and will make it easier for British firms to export whisky, cars and other products to India, besides boosting the overall trade basket. Along with the FTA -- the biggest the UK has done since leaving the European Union -- the two sides also sealed a double contribution convention. PM Modi had described the two pacts as a "historic milestone" to catalyse trade, investment, growth and job creation in both economies and further deepen the India-UK comprehensive strategic partnership. The trade deal, firmed up after three years of negotiations, is expected to ensure comprehensive market access for Indian goods across all sectors, and India will gain from tariff elimination on about 99 per cent of tariff lines (product categories) covering almost 100 per cent of the trade values, according to officials. A British readout had said Indian tariffs will be slashed, locking in reductions on 90 per cent of tariff lines, with 85 per cent of these becoming fully tariff-free within a decade. In 2023-24, India was the UK's second-largest source of investments in terms of the number of projects for the fifth consecutive year. During PM Modi's visit to the UK, both sides are also expected to explore ways to expand defence and security cooperation. The two sides may also deliberate on the implementation of the Technology Security Initiative (TSI). In July last year, India and the UK firmed up the Technology Security Initiative that sets out a bold new approach for collaboration in a range of priority sectors, including telecom, critical minerals, semiconductors and artificial intelligence, with a broader aim to elevate their strategic partnership to the next level. The TSI would also provide for a framework for building a broad UK-India semiconductor partnership that will leverage each other's strengths and incentives and explore mutually beneficial research and development as well as supply chain resilience. It also seeks to build upon the ambitious cooperation agenda set out in the India-UK Roadmap 2030.
