MoC to establish India-Saudi partnership
The Cabinet has approved a Memorandum of Cooperation (MoC) between the Ministry of Electronics and Information Technology and the Ministry of Communications and information Technology of Saudi Arabia on cooperation in the field of Digitization and Electronic Manufacturing.
The MoC, signed 18 Aug 2023, intends to strengthen collaboration in the field of Digitization, Electronic Manufacturing, e-Governance, smart infrastructure, e-Health and e-Education, promote partnership in research in digital innovation and the use of emerging technologies such as Artificial Intelligence (AI), Internet of Things (IoT), Robots, Cloud Computing and Blockchain, etc.
“This MoC would establish a framework for cooperation in the area of digitization and electronic manufacturing and establish partnerships between India and Saudi Arabia,” the Cabinet said on 15 Dec 2023.
The MoC aims to promote ways of innovative training and development through e-Teaching, e-learning and exchange programs in the digitization and electronics manufacturing and to develop joint training programs for capacity building and access to highly skilled Information and Communication Technologies professionals, strengthen SME and start-up ecosystem by sharing information on business accelerators, venture capital and incubators of technology start-ups which would indirectly generate employment opportunities for both parties.
The collaboration activities under this MoC will promote cooperation in the area of Digitization and Electronic Manufacturing, it added. fiinews.com