Thursday, November 26, 2009

8 MoUs during PM Singh´s US Visit

CII organized an MoU Signing Ceremony in Washington DC, during Prime Minister Manmohan Singh's momentous visit to USA.

Indian corporate members and institutions entered into collaborative agreements with their American counterparts and resolved to work together in their respective fields. A total of eight MoUs were signed across a wide range of sectors, including Pharmaceuticals and Drug Development, Healthcare, Telecom and Information Communication & Technology, Nano-Electronics, Research and Development, Leadership Training as well as Homeland Security. The growing list of sectors is highly reflective of the widening Indo US partnership and the scope for future collaboration.

"The CII MoU Signing Ceremony holds special significance in light of Prime Minister Singh's visit to USA and demonstrates the interest and dedication of Indian industry to work in partnership with American counterparts across diverse sectors," said Hari Bhartia, Vice President, CII and Co-Chairman and Managing Director, Jubilant Organosys.

The MoUs signed at the ceremony included:

Tata Communications - Tyco Electronics
Jubilant Organosys - University of Alabama at Birmingham - Southern Research Institute
Infosys Technologies - Microsoft Corporation
HCL Security - Cisco
Confederation of Indian Industry (CII) - Santech Communication
Cadila Pharmaceuticals - Novavax
Aspen Institute India - Aspen Institute USA
Apollo Hospitals - StemCyte

Tata Communications has worked extensively with Tyco Electronics, in the continued expansion of the Tata Global Network over the last five years. Dave Ryan, Executive Vice President - Americas Region, Tata Communications and Mike Rieger, Vice President, Tyco Telecommunications signed their intent to continue to do so. They will be working together in providing low latency routes, additional connectivity and transmission over ultra-long haul distances using dark fibers on the submarine cable system.

Jubilant Organosys Ltd, entered into a joint venture with University of Alabama and Southern Research Institute, which will focus on leveraging innovative and enabling technologies in areas of Oncology, Metabolic Disease and Infectious diseases. This unique US-India partnership is meant to accelerate the development of affordable and successful therapies to the patients in India and worldwide. The parties committed to work together for 10 years in establishing path breaking and affordable healthcare.

Infosys Technologies relies on key technologies from Microsoft Corporation to run its business and has been using Microsoft technologies since 1996. Under a multi-year Enterprise Agreement (EA), the licensing framework and the services to deploy the products are articulated and agreed to. The solutions deployed internally span across infrastructure software, application software and databases. At the CII MoU Signing Ceremony, Infosys and Microsoft inked their plan to continue to work closely in the future and build upon their respective strengths further.

Cisco today signed an agreement with HCL Security Ltd to collaborate on delivering safety and security solutions to help enable safer and more secure communities. The collaboration will combine the strengths of Cisco's Smart+Connected Communities leadership with HCL Security's 'Safe State' architecture to design and deliver safety and security solutions in India initially and later in other countries. The vision of the collaboration is to combine Cisco's technology expertise and experience in network and physical security with HCL Security's market leadership to better address safety and security projects and customer requirements.

The Confederation of Indian Industry (CII) and Santech Communication Pvt. Ltd. agreed to work together to explore the possibility of establishing a CII Santech Centre of Excellence on Nano-electronics. The joint initiative would aim to serve the needs of industry on nanotechnology based products and services. It would also work to increase the availability of, and access to, national Research and Development and create an innovation infrastructure in the Nano-Technology sector while providing new opportunities to position Indian companies as significant players in emerging technologies.

Cadila Pharmaceuticals Ltd and Novavax Inc. joined hands with the vision to enable the vital production of key vaccines in India, including the most recently developed H1N1 Pandemic Vaccine, Trivalent Seasonal Influenza Vaccine and targeting other more India specific Virus Like Particles (VLP) vaccines against Dengue, Japanese encephalitis, Chikungunya among other viral diseases.

Aspen Institute India and Aspen Institute USA resolved to work together with the common goal of providing leadership training and to foster a new generation of values-based action-oriented leaders. The two Institutes will offer programs such as the India Leadership Initiative and the Aspen Seminar, which are designed to enable participants to become better leaders. The two Institutes will also conduct Policy and Strategic Dialogues on various issues which will engage government, industry and civil society into a more comprehensive discussion on the issues at hand. Together, they will evolve programs to develop value based leadership in India by conducting seminars, strategic and policy dialogues.

Apollo Hospitals Enterprise Ltd and StemCyte Inc. signed an MOU designed to establish a cord blood bank facility at Apollo Hospitals Ahmedabad. This is envisaged to be the largest for public and private cord blood collection in India. Their collaboration will also provide stem cell therapies to treat patients with certain malignant blood disorders, inherited disorders and immune deficiency diseases. The JV they propose to set up will enable participation in clinical studies to develop cell therapies for indications for which there are unmet clinical needs like Parkinson's, Alzheimer's, Spinal Cord Injuries etc. This collaboration will further be extended to major research efforts extremely valuable to the medical needs of the country in areas relevant to India and developing countries.

Indian investments in the US have been rising consistently and the Indian corporate are keen to collaborate further. The CII MoU Signing Ceremony marked the commitment of the two countries coming together at the corporate level to deeply engage in economic collaboration and strengthen institutional linkages.

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