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Telangana govt inks MoU with DASAN, Celkon

Press Trust of India  |  Hyderabad 

A Memorandum of tri-party Understanding was today signed between DASAN Network Solutions, Inc., South Korea, city-based Impex Pvt Ltd and the government.

The tie-up, promoting cooperation for facilitating investments in Telangana, is expected to generate more than 2,000 new employment opportunities in Telangana, a state government release said.

with its direct investment in will create and develop technology in Fab city with the complete support of DASAN in terms of technology, the release said.

The three parties have recognised the need to promote mutual cooperation to expand bilateral and collaborative relationship in industrial development in Telangana, it said.

Y Guru Swamy Naidu, CMD, Impex Pvt Ltd, Yung Kim, Global CEO, and Jayesh Ranjan, Principal Secretary, Industries Department, Government of signed the MoU in the presence of IT and Industries Minister KT

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

First Published: Fri, May 18 2018. 19:50 IST