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Nasscom announces UK Forum to drive AI collaboration, deepen tech, trade ties

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Nasscom on Thursday announced the launch of its UK Forum, which, it said, aims to deepen the bilateral technology and trade partnership between India and the United Kingdom.

The move is significant given that the UK remains the second-largest market for India’s technology industry, with annual revenues exceeding $90 billion.

According to estimates, India-UK bilateral trade stands at $56 billion, with $33 billion coming from services trade. The India-UK Free Trade Agreement (FTA) aims to double this trade by 2030, underscoring the importance of…

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