i3 - January/February 2017 - 14

By Mark Chisholm

Indian Finance
Ministry Steps
Up Reforms

I N T E R N AT I O N A L FO C US

INDIA

Arun Jaitley, India's finance
minister, announced plans at
the India-UK Tech Summit to
boost reforms aimed at attracting investment and growing
manufacturing. In addition to
addressing infrastructure deficits, the ministry also has plans
to implement and upgrade smart
cities. The finance minister noted
that in the wake of Britain leaving the European Union, Britain
is looking outside of Europe for
future trade partners.

Dyson
Plans India
Expansion

India's Reliance Group,
Cisco Jasper Form
IoT Partnership
India's Reliance Group, along
with Cisco Jasper, the company's
IoT connectivity platform, have
partnered to form UNLIMIT, a venture focused on providing Indian
companies with IoT solutions.
The venture makes Reliance the
first telecom company in India to
form a dedicated, independent
IoT business unit. "Nearly every
sector will be positively impacted
by IoT and the Indian manufacturing industry is already beginning
to reap its benefits," said Group
Managing Director of the Reliance
Group, Amitabh Jhunjhunwala.

DELL REAFFIRMS INDIA
COMMITMENT
In an interview at Dell World 2016 in Austin, TX,
Dell CEO Michael Dell stressed the continued
importance of India to the company. "India is our
third-largest market in the world and incredibly
important as a base of operations, as a source of
talent and R&D labs," said Dell. As the second largest PC maker in India by market share, Dell will
look to expand its role in digitization by partnering
with a number of companies such as Digital India.

UK-based consumer
electronics maker
Dyson plans to expand
to India with a number
of flagship stores in
Indian cities including
New Delhi and Mumbai.
In addition to bringing its
patented products to the
country for the first time,
Dyson plans to engage
with India's engineering
community through the
James Dyson Foundation,
a charity focused
on education in design,
technology and engineering. "India is a very
practical, resourceful and
inventive nation: these
are talents and attitudes
that I value above all
others," said Sir James
Dyson, founder of Dyson.

India saw 15 million new mobile subscriptions in Q3 2016
-THE ERICSSON MOBILITY REPORT, 2016

Deloitte Names India's "Technology Fast 50"
Deloitte has released its list of India's fastest growing tech companies, with the top
10 companies showing an average three year growth of 900 percent. First on the list
is education tech training company GreyCampus Edutech Private Limited, with an
average three-year growth rate of 1,622 percent. Other companies in the top five
focused on areas including IoT and boutique software. In addition, MIDAS, the
investment agency of Manchester, UK, joined with Deloitte to attract India's emerging
tech talent and offer opportunities in the UK. "India is a critical market for Manchester
and through focused activities such as the Fast 50, we hope to attract some of
India's most exciting companies to Manchester," said Tim Newns, CEO of MIDAS.
14

JANUARY/FEBRUARY 2017

I T I S I N N O VAT I O N

CLOCKWISE FROM TOP LEFT: PIB/ALAMY; ISTOCK (2); HUGH THRELFALL/ALAMY; MICHAEL JUNG/THINKSTOCK

Tech

i3 - January/February 2017

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