It was also revealed that the Serum Institute of India (SII) has started phase one trials in the UK of a nasal vaccine against coronavirus. Other Indian investments announced on Monday ahead of a virtual summit between Johnson and Modi on Tuesday include Q-Rich Creations at GBP 54 million, creating 667 UK jobs; Wipro at GBP 16 million, creating 500 jobs; I2 Agro at GBP 30 million, creating 465 jobs; Mastek creating 357 jobs; and Sterlite Technologies at GBP 15 million, creating 150 jobs. Some of the others on the list of Indian investments include SNVA Ventures at GBP 10 million, creating 200 jobs; Skillmine at GBP 11 million, creating 100 jobs; CtrlS Data Centers at GBP 10 million, creating 100 jobs; Que Processing Services at GBP 10 million, creating 100 jobs; Cron Systems at GBP 20 million, creating 100 jobs; TVS Motors-Norton creating 89 jobs; Prime Focus Technologies creating 70 jobs; Route Mobile at GBP 20 million, creating 50 jobs; and Goila Butter Chicken at GBP 3 million, creating 40 jobs. Among the others are KIGG systems – smart meter test benches for electricity distribution companies; CyanConnode – deal worth GBP 18 mn creating 30 new UK jobs; GoZero Mobility – deal worth GBP 3.2 mn for e-bicycles; Agvesto – deal worth GBP 3 mn; Revolut expansion into India creating 60 UK jobs; CDE Asia – deal worth GBP 500,000; and Bio Products Laboratory – biopharmaceutical finished products for rare bleeding disorders, deal worth GBP 62 mn. The export pacts also cover Kwalee British video game producer expansion in India creating 25 new UK jobs; Shorts TV digital entertainment platform – forecasting exports worth GBP 8 mn; Clancy Global – a One Evolve Ecosystem – deal worth GBP 2.5 mn; Astropol – colour and additive solutions for the vinyl, non-vinyl and associated additive industries, deal worth GBP 12 mn; Surgease – deal worth GBP 14.9 mn creating 100 new UK jobs; Oxvent – deal worth GBP 20 mn; Eagle Genomics – deal worth GBP 12 mn creating 165 UK jobs; and BP’s partnership with Infosys to decarbonise Infosys’ 11 campuses across India.

Source: Mint May 04, 2021 00:45 UTC