Chennai-based global consulting and tech managed services provider Prodapt, has announced to double its investment in the UK market to £100 million. According to the company, the increased commitment comes from a strong growth opportunity that it sees in the UK's technology sector.

Prodapt, a part of the 120-year-old Jhaver Group, will invest the amount over the coming years in the UK that will create over 500 jobs. Prodapt, earlier this year, established a new office in London to accommodate its growth.

With a focus on the connectedness industry, Prodapt accelerates digital transformation for its clients, using technologies like 5G, cloud, SDN/NFV, edge computing, IoT and AI/ML. Prodapt's customers include leading UK telecom operators, digital/multi-service providers (D/MSPs), and high technology companies.

Trade and investment between the UK and India

“Trade and investment between the UK and India is creating good jobs and sustaining livelihoods in both of our countries. I'm very pleased that Prodapt has decided to join the legions of Indian companies investing in the UK, boosting our technology sector, and driving economic growth,” UK Prime Minister Boris Johnson said in a statement.

“As the UK has become a hub for technology and innovation in the connectedness industry, it is natural to scale up our investment and commitment in the UK region,” said Vedant Jhaver, chairman and CEO, Prodapt.

“With this renewed vigour, Prodapt continues to be a preferred digital transformation partner to the enablers of the hyper-connected world.”, he added.

Prodapt has offices in North America, Europe, Latin America, India, and Africa.