NASSCOM signs MoU with ACTI | business | Hindustan Times
Today in New Delhi, India
Mar 24, 2017-Friday
New Delhi
  • Humidity
  • Wind

NASSCOM signs MoU with ACTI

business Updated: Mar 20, 2009 15:25 IST

NASSCOM, the premier trade body of Indian IT industry, on Friday signed a MoU with Chile-based Association of Information Technology Companies (ACTI) which would enable growth and development of IT sectors in the two countries.

The MoU was signed by NASSCOM President Som Mittal and ACTI President Miguel Perez in the presence of Chilean President Michelle Bachelet.

As per the MoU, NASSCOM and ACTI would share common goals and act as a channel for mutual collaboration between IT companies in both the countries. It would also help create platforms such as work programmes to facilitate sharing of experiences and complementary abilities.

India and Chile would interchange information, publications and opinions that concern the growth and development of IT industry at least once in a year.

The agreement would also work towards constructing a systematic collaboration of placing in the market innovations that were produced in India, so that Chile shall be the 'First Technology Adopter and Adapter' giving the Chilean business access to latest technologies as well as exporting them to the Latin American and other markets.

Speaking on the occasion, Chilean President Michelle Bachelet said that collaboration has become crucial in today's economic scenario and expressed confidence that the association between India and Chile would play a key role in development of strong relationship between the IT sectors of both countries to achieve many effective goals.

"This agreement will not only strengthen our relationship with India but also India's experience in the IT field will be very useful for us", she said.

The signing of the agreement would leverage the maturity of the Indian IT firms to replicate successful Indian IT mode, coustomise products and services as per the needs of the Chilean market and also invest in local operations.

The advancement of the IT sector would lead to the development of the country, upliftment of middle class and get them in the mainstream, she added.