WDA, Nasscom to collaborate

By Our Special Correspondent

BANGALORE, JULY 13. The Welsh Development Agency (WDA) today announced that it had signed a memorandum of understanding with India's National Association of Software and Service Companies (Nasscom). The MoU will help promote and develop strategic alliances, joint ventures and partnerships between IT companies in India and Wales. The MoU was signed by Mr. Phiroz Vandrevala, Chairman, Nasscom, and Sir David Rowe-Beddoe, Chairman, WDA.The MoU will enable the Welsh Development Agency provide Indian IT companies detailed assistance from start-up through to a long term relationship. As a single point of contact WDA will support the investment process, provide onsite assistance and offer Indian IT companies a true ``Gateway to Europe'' through Wales.

Under the MoU, Nasscom and the WDA have agreed to implement a series of joint activities designed to further understanding and co-operation between the IT industry in Wales and India. The main areas of co-operation will include IT software and services, Internet, e-commerce, information security, content development, human resource development, knowledge economy, venture capital, and research and development.

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Section  : Business
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