NCLAT: Corporate Debtor’s Guarantor Liability Unchanged Despite Internal Adjustments Among Creditors  ||  NCLAT: Plea under IBC Section 7 Can't Be Restored After Corporate Debtor Pays Principal & Interest  ||  Delhi HC: Wife Can Be Denied Maintenance If She Fails To Submit Latest Salary Slips  ||  Kerala HC: Income of Parent Who Abandoned Family Shouldn’t Count For EWS Reservation Eligibility  ||  Gujarat HC: Writ Courts Interfering in Arbitral Procedure Orders Defies A&C Act’s Purpose  ||  Delhi HC: Plaintiff Doesn’t Have Vested Right to File Rejoinder under CPC  ||  J&K&L HC: Name Change Is Fundamental Right; Boards Must Consider Legal Documents, Not Reject Request  ||  SC: Administrative Delays by State Agencies Must Not Be Condoned  ||  Sc: When Sale Deed Is Void, Possession Suit Follows 12-Year Limitation under Article 65, Not Art 59  ||  SC: Preliminary Inquiry Report Can’t Stop Court from Directing FIR Registration    

India-Korea Technology Exchange Centre Inaugurated- (Press Information Bureau) (10 Jul 2018)

MANU/PIBU/1034/2018

Commercial

The India-Korea Technology Exchange Centre was Inaugurated by the Minister of State (I/C) MSME Giriraj Singh and Minister of SMEs and Start-ups of Republic of Korea, Hong Jong-hak today in New Delhi.

Speaking on this occasion, Giriraj Singh said that the purpose of the Technology Exchange Centre is to create a platform for micro, small and medium enterprises of India and Korea where they can be assisted to identify and exchange latest technologies, share management expertise, product development and technology applications for product development. The MSME Minister further said that the Technology Centre will also work towards building reliable alliances in Space, Solar Energy, Nano technologies and some other upcoming technologies. He said that a number of Korean organizations have showed keen interest to initiate technology transfers in MSME sectors between the two countries and this Centre will provide them reliable partners for effecting business alliances.

The Minister of SMEs and Start-ups of Republic of Korea, Hong Jong-hak said his country has strong industrial base with well-developed small and medium enterprises (SME) sector, especially in advanced manufacturing technologies such as machinery & equipment, electronics, electrical machinery & equipment and robotics. He said that SMEs of both the countries can learn from each other to enhance their comparative advantages and be competitive in the world.

Secretary, MSME Dr. Arun Kumar Pandas aid that in today's competitive environment, there is need to share the comparative advantage of MSMEs of different countries. He said Indian MSMEs are very competitive in sectors like auto components, drugs and pharmaceuticals, IT bio-technology, agro and food processing.

The India-Korea Technology Exchange Centre will work towards identifying Indian technologies which can be exported to Korea and find suitable Korean partners for the same, initiating various cooperative MSME projects complimenting each other's strengths in MSME sector, creating Technology Data Bank from each side to encourage technology transfers, production of high quality products in India and encouraging Joint Ventures and business matching between Indian and Korean SMEs, besides others.

On this occasion, an MoU was signed between the Small Business Corporation (SBC) of Korea and the NSIC for cooperation in the field of MSME Sector. The SBC will mobilise the South Korean MSMEs for technical and business alliances with their counterparts in India and organise partner matching events in Korea for Indian delegations.

The India-Korea Technology Exchange Centre has been established at the National Small Industries Corporation premises in New Delhi.

Tags : TECHNOLOGY   EXCHANGE CENTRE   INAUGURATION  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved