Published Nov 30, 2023 | 2:25 PM ⚊ Updated Nov 30, 2023 | 2:27 PM
Bengaluru Tech Summit. (X)
The US-India Business Council on Wednesday, 29 November said it has formalised an MoU with the Karnataka Innovation And Technology Society (KITS) to expand its collaboration in key industry sectors.
The US Chamber of Commerce US-IBC also announced its official partnership with the Bengaluru Tech Summit (BTS) for the India-USA Tech Conclave currently taking place on 29 and 30 November at Bangalore Palace.
This is the second consecutive year of partnership with the Government of Karnataka on BTS, the USIBC said in a press release.
“The US-India Business Council and the Karnataka Innovation And Technology Society (KITS), Government of Karnataka have formalised a Memorandum of Understanding (MoU) to expand collaboration in key industry sectors with a particular emphasis on information technology, biotechnology and electronics,” the release said.
Minister for Information Technology and Biotechnology, Rural Development and Panchayat Raj Priyank Kharge, participated in the conclave.
He was quoted as saying, “The MoU emphasises deepening engagement between the Government of Karnataka and USIBC to identify and address common challenges, facilitate collaboration between industries, and promote Karnataka as an attractive investment destination for American companies.”
It was great to meet Consul General Christopher Hodges yesterday. @blrtechsummit has a special India-USA Tech Conclave to enable our ecosystems to network and learn from each other. GCCs and startups are huge focus for us with USA and we will be enabling this with a special… pic.twitter.com/AWWeho1VMS
— Priyank Kharge / ಪ್ರಿಯಾಂಕ್ ಖರ್ಗೆ (@PriyankKharge) November 29, 2023
Noting that BTS serves as a significant global hub fostering partnerships among technology companies, startups, venture capitalists, and research labs, USIBC said the India-USA Tech Conclave is a platform that brings together influential leaders from both the government and industry to explore opportunities for increased collaboration, investment and to address policy and regulatory issues that deepen synergies between the Indian and American innovation and creativity ecosystems.
(Disclaimer: The headline, subheads, and intro of this report along with the photos may have been reworked by South First. The rest of the content is from a syndicated feed, and has been edited for style.)
