{"id":1613,"date":"2023-06-18T01:32:22","date_gmt":"2023-06-17T20:02:22","guid":{"rendered":"https:\/\/bscrackers.com\/?p=1613"},"modified":"2023-06-18T01:32:22","modified_gmt":"2023-06-17T20:02:22","slug":"exclusive-uk-zone-startup-hostels-incentives-maharashtra-rolls-out-the-red-carpet-for-british-tech-companies-at-ltw-2023","status":"publish","type":"post","link":"https:\/\/bscrackers.com\/?p=1613","title":{"rendered":"Exclusive UK Zone, \u2018Startup Hostels\u2019, Incentives: Maharashtra Rolls Out The Red Carpet For British Tech Companies At LTW 2023"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p id=\"0\" class=\"story_para_0\">With the UK prime minister Rishi Sunak making major tech-business related announcements at the country\u2019s biggest technology event\u2013 London Tech Week 2023, only one state government delegation from India attended it: Maharashtra government. <\/p>\n<p id=\"1\" class=\"story_para_1\">The Maharashtra government delegation at London Tech Week 2023 was headed by cabinet minister Uday Samant, who is currently in charge of industries. This delegation was actively seen hosting meetings with key stakeholders and industry players in the UK to attract investments to India. It also announced Maharashtra\u2019s new IT policy with unique attention to infrastructure and skill development. <\/p>\n<p id=\"2\" class=\"story_para_2\">This delegation had their priorities clearly set: attract UK-based tech businesses to Maharashtra by offering them tangible incentives, access to India\u2019s varied IT talent, upgraded infrastructure and nurture startups. <\/p>\n<p id=\"3\" class=\"story_para_3\"><a href=\"https:\/\/www.youtube.com\/watch?v=_zXYCAXXE4E\" target=\"_blank\" rel=\"nofollow noopener\">WATCH VIDEO: UK Wants To Work Together With India Startups: Trade Commissioner Harjinder Kang<\/a><\/p>\n<p id=\"4\" class=\"story_para_4\">The larger goal for Maharashtra is to expand its own \u2018silicon valley\u2019 by pitching itself as a more competitive destination compared to Bengaluru, where property rents have soared over the years and infrastructure bottlenecks are now becoming a serious hindrance. The delegation promoted regions like Pune, Greater Mumbai, Thane, Nagpur, Nashik, Aurangabad, Wardha among others. <\/p>\n<p><nonfly class=\"article_mad\" adunit=\"NW18_ENG_Desktop\/NW18_ENG_Tech\/NW18_ENG_Tech_AS\/NW18_ENG_TECH_AS_ROS_MID_728\" slotid=\"nw18-dynamic-div-8105713_6_22\" id=\"new_ad_5\"\/><\/p>\n<p id=\"5\" class=\"story_para_5\">Along with minister Uday Samant, the CEO of Maharashtra Industrial Development Corporation (MIDC) Dr. Vipin Sharma and Deepender Singh Kushwah, Development Commissioner (Industries) &amp; Export Commissioner of Maharashtra government stressed on the importance of key infrastructure development in the state like the 700 km Mumbai\u2013Nagpur Expressway (Maharashtra Samruddhi Mahamarg) which will reduce the travel time between Mumbai and Nagpur from 16 hours to 8 hours. <\/p>\n<p id=\"6\" class=\"story_para_6\">What\u2019s interesting is that this expressway connects key districts which have the potential to become India\u2019s next big industrial corridor. MIDC CEO said that the state government is looking at creating \u2018nodes\u2019 along this expressway and are willing to dedicate exclusive regions to club together different companies from the same foreign country. Two such nodes that the state government is promoting are AURIC (Aurangabad) and Dighi (Raigad). <\/p>\n<p id=\"7\" class=\"story_para_7\">\u201cWe understand the comfort of doing business in a foreign land with familiar people surrounding you. We are ready to dedicate an exclusive \u2018UK zone\u2019 along the corridor where all UK-based companies can operate together. Not just the UK, even companies from South Korea or Japan or others can have their own industrial zone,\u201d said Dr. Vipin Sharma, CEO, MIDC. <\/p>\n<p id=\"8\" class=\"story_para_8\">\u201cThe Maharashtra government is ready to deliver all possible support for companies who are eager to open facilities in India. Majority of the UK-based companies who have their presence in India are operating from Maharashtra. Prominent UK-based IT companies like BT, Vodafone, Revolut, Barclays, Colt, ARK among others are already in Maharashtra and we are taking this opportunity at London Tech Week  to welcome more British companies to India,\u201d said  Deepender Singh Kushwah, Development Commissioner (Industries) &amp; Export Commissioner of Maharashtra government. <\/p>\n<p id=\"9\" class=\"story_para_9\"><strong>Key aspects of Maharashtra\u2019s new IT Policy announced in 2023<\/strong><\/p>\n<p id=\"10\" class=\"story_para_10\">In order to fuel this IT corridor in Maharashtra, the delegation also shared plans to provide easy access to India\u2019s IT talent. One concept that was highlighted was the creation of \u2018startup hostels\u2019. This will help early startups to save money on office rentals and accommodation and focus on product development. <\/p>\n<p id=\"11\" class=\"story_para_11\">The delegation explained this as a \u201cWalk to Work\u201d initiative where there will be a relaxation of eligibility (60:40\/ 50:50) criteria and space utilisation norms to support the workforce of the future and allow for integrated working, living and social spaces.<\/p>\n<p><nonfly class=\"article_mad\" adunit=\"NW18_ENG_Desktop\/NW18_ENG_Tech\/NW18_ENG_Tech_AS\/NW18_ENG_TECH_AS_ROS_BTF_728\" slotid=\"nw18-dynamic-div-8105713_13_22\" id=\"new_ad_12\"\/><\/p>\n<p id=\"12\" class=\"story_para_12\">\u201cWe will also allow IT units to have the flexibility to work 24X7, decongest urban centres through Walk to Work complexes and support talent creation in growth hubs of the state,\u201d added Kushwah. <\/p>\n<p id=\"13\" class=\"story_para_13\">The government will set up the Maharashtra Hub (MHub), an initiative to promote innovation in Emerging Technologies &amp; establish the state as a knowledge led economy including a fund of Rs 500 crore. <\/p>\n<p id=\"14\" class=\"story_para_14\">\u201cA Chief Operating Officer (COO) under M-Hub will be appointed as the Technology Ambassador of Maharashtra to drive the policy and performance mandate,\u201d added Dr. Sharma. <\/p>\n<p id=\"15\" class=\"story_para_15\">The state government is also focusing on creating Maharashtra Information Technology Interface (MAHITI), a Single window system for end-to-end support for all IT units Supporting existing colleges, skill institutes and training centres to launch competitions &amp; hackathons in Maharashtra and provide a platform for talent growth. <\/p>\n<p><videocarousel\/><\/p>\n<p id=\"16\" class=\"story_para_16\">The Indian IT industry is mostly perceived as a backend support and services segment but the government is aiming to change that. It will be promoting \u2018Super Specialised\u2019 job roles in fields like AI research scientists, solution architects, Data scientists, Optical scientists, embedded, solutions engineers etc. <\/p>\n<p id=\"17\" class=\"story_para_17\">In order to promote future skills, the state government said that there will be Nationally competitive incentives to the AVGC and Emerging Technologies sectors.<\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.news18.com\/tech\/exclusive-uk-zone-startup-hostels-incentives-maharashtra-rolls-out-the-red-carpet-for-british-tech-companies-at-ltw-2023-8105713.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] With the UK prime minister Rishi Sunak making major tech-business related announcements at the country\u2019s biggest technology event\u2013 London Tech Week 2023, only one state government delegation from India attended it: Maharashtra government. The Maharashtra government delegation at London Tech Week 2023 was headed by cabinet minister Uday Samant, who is currently in charge &#8230; <a title=\"Exclusive UK Zone, \u2018Startup Hostels\u2019, Incentives: Maharashtra Rolls Out The Red Carpet For British Tech Companies At LTW 2023\" class=\"read-more\" href=\"https:\/\/bscrackers.com\/?p=1613\" aria-label=\"Read more about Exclusive UK Zone, \u2018Startup Hostels\u2019, Incentives: Maharashtra Rolls Out The Red Carpet For British Tech Companies At LTW 2023\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":1614,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[107],"tags":[],"class_list":["post-1613","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech"],"_links":{"self":[{"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/posts\/1613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1613"}],"version-history":[{"count":0,"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/posts\/1613\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/media\/1614"}],"wp:attachment":[{"href":"https:\/\/bscrackers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}