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India Korea Technology Exchange Centre inaugurated by Giriraj Singh

ANI  |  New Delhi [India] 

The Centre was inaugurated at (NSIC) on July 10 by Giriraj Singh, of State (Independent Charge), and Hong Jong Haak, of SMEs and Start-ups of Republic of Korea, creating a new era of association with and in the field of growth of MSMEs both the countries.

Inaugurating the India-Centre, Singh stated that the purpose of the establishment is to create a platform for Micro, of and Korea where they can be assisted to identify and exchange latest technologies, share management expertise, product development, for productive development.

He further said the India-Korea Centre will work towards building reliable alliances not only in above areas but also in space, solar energy, and some other

On the other hand, informed that Korea has strong industrial base with considerable well-developed SME sector especially in advanced such as and equipment, electronics, and equipment robotics. He also said that the India-Korea Technology Exchange Centre will work towards building reliable alliances for enabling between India and Korea.

Dr. A.K Panda, MSME, informed that in today's competitive environment there is need to share the comparative advantage of MSME of different countries. The Indian MSMEs are very competitive in sectors like auto components, drugs and pharmaceuticals, information technology, bio technology, agro and

The will help MSMEs of the both the countries to gain market access and avail opportunities amongst them.

Speaking on the occasion Ravindra Nath, CMD, stated that, and have organised a technology exchange and start-ups conference where 18 SMEs from Korea in the field ofIOT (Internet of Things), and Auto parts/light engineering sectors led by the of SMEs and Starts-ups of Korea participated. also organised one to one meetings for each of them with Indian Counterpart MSMEs.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, July 11 2018. 09:45 IST