Lancaster firm to join Connected Cities trade mission to India
Technology firm Gaist Solutions from Lancaster is joining a major UK-India trade initiative to break into the multi-billion pound smart cities market in India.The successful business is joining the Connected Cities Entrepreneurs Mission to India between 6-12 November. This includes attending the high profile India-UK Tech Summit in New Delhi, visiting other cities including Pune and Kochi, and pitching to potential customers, partners and investors.
The Mission is a joint initiative between Innovate UK, the Department for International Trade, Enterprise Europe Network, and Future Cities Catapult and will form part of a series of UK-India missions organised by DIT to tie in with the India-UK Tech Summit.Innovate UK chief executive Ruth McKernan said: “I congratulate Gaist Solutions on their participation in the forthcoming Connected Cities trade mission to India. It is vital that UK innovators look to engage globally in developing new partnerships and market opportunities. The size of the opportunity from the Indian smart cities market is immense with £24 billion investment expected across 100 cities over the next five to seven years. UK small businesses are very well placed to take advantage of this market.”
Steve Birdsall, managing director of Gaist Solutions said: “At Gaist we recognise that Smart Cities will only develop if the right physical transportation infrastructure is in place and maintained correctly. We see a huge opportunity in deploying the technology and services into India that will rapidly provide the information needed to empower decision makers to take the right strategic decisions that will ensure that the transportation networks will support sustained urbanisation long into the future. Gaist already have a joint venture in India and are looking to grow a network of partners and clients across the whole of India over the coming year.”Gaist Solutions is an award-winning technology and technical services company that is bringing a new level of insight into the highways and footways network of UK Cities. Gaist has developed technological solutions that are allowing huge volumes of information relating to the position and serviceability of highways infrastructure and allows vivid visualisation of these assets in context with other data needed to understand how their networks are operating. They provide clients with the ability to model the long term usage and performance of their highways networks whilst providing the optimal financial plans to support the whole of life management.