Over 50 delegates from academia, industry, finance, media and entrepreneurs gathered at the House of Lords to explore ways to enhance the contribution of Indian ventures and technology entrepreneurs in the UK. Participants included representatives from Infosys, Tata Consultancy Services, PwC and the FCO. The meeting was chaired by Lord Bilimoria and organised by the Indian Professionals Forum (IPF.)
Earlier this year, Indian Prime Minister Narendra Modi unveiled an ambitious plan to give 100 million families free access to healthcare. With some commentators comparing the new public health insurance scheme to the NHS in the UK, the question of the central position of healthcare in the bilateral relationship between the two countries is as pertinent as ever.
After 70 years of a national health service, what lessons can the UK healthcare service give India? Can resourceful and low-cost innovations developed in India be adapted to the British system and, if so, how? And with India’s healthcare market estimated to grow to $280 billion by 2020, what will be the role of the private sector as India attempts to build a ‘safety-net’ for its poorest citizens?
Panelists at the Indian Professionals Forum event on 27 November 2018 at Chatham House examined how India and the UK can collaborate on health care policy and provision:
A Diaspora Dividend
Important post-Brexit relations between the UK and India were the focus of the newly appointed High Commissioner of India Her Excellency Mrs Ruchi Ghanashyam, in her first public speech at London’s Chatham House (Tuesday 27 November).
Britain and India face generational societal challenges as they adapt to global tectonic changes: climate change, 4th Industrial Revolution, geopolitics and geo-economics to name a few. Though the full impact may still not be fully imagined, the consequences of these forces are already unfolding. However, resting on laurels of past or even current successes is unlikely to be the best strategy if either country is to rise to the challenges of the coming decades.
With this in mind, a number of questions posed here can assist in galvanizing the entrepreneurial spirit amongst UK’s Indian professional community and ultimately implement a framework to direct specific collaboration, investments and community engagement: