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MoU to promote technology partnerships
Special Correspondent
NEW DELHI:
The Union Ministry of Science and Technology and the Confederation of Indian Industry (CII) on Monday signed a memorandum of understanding to promote technology partner- ships between Indian industry and institutes and those abroad.
Titled `Global Innovation and Technology Alliance (GITA)', the MOU provides for facilitating technology partnerships through all possible means, including joint ventures and collaborations, technology transfers and licensing and joint technology development programmes. As part of the MoU, the Ministry and the CII would organise missions, seminars, and workshops to provide exposures to Indian industry and the institutes and those abroad to each other's developments.
The MOU was signed at the inaugural function of a technology summit organised by the Ministry and the CII.
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