The Union Cabinet has approved a memorandum of cooperation (MoC) signed on August 18, 2023 between the Ministry of Electronics and Information Technology (MeitY) of India and the Ministry of Communications and Information Technology of the Kingdom of Saudi Arabia on cooperation in the field of digitisation and electronics manufacturing.
The MoC intends to strengthen collaboration in the field of digitisation, electronics manufacturing, e-governance, smart infrastructure, e-health, and e-education, promote partnership in research in digital innovation and the use of emerging technologies such as artificial intelligence (AI), internet of things (IoT), robots, cloud computing and blockchain, etc. This MoC would establish a framework for cooperation in the area of digitisation and electronics manufacturing and establish partnerships between India and Saudi Arabia.
Further, the MoC aims to promote ways of innovative training and development through e-teaching, e-learning and exchange programs in the digitisation and electronics manufacturing and to develop joint training programs for capacity building and access to highly skilled information and communication technologies (ICT) professionals, strengthen small and medium enterprises (SME) and start-up ecosystem by sharing information on business accelerators, venture capital and incubators of technology start-ups which would indirectly generate employment opportunities for both parties.
Furthermore, the collaboration activities under this MoC will promote cooperation in the area of digitisation and electronic manufacturing which are integral to the envisaged objectives of Atmanirbhar Bharat.
