Four more MoUs are in the pipeline to be signed with GIA Karnataka Deputy CM

Bengaluru, Nov 21 (PTI) Karnataka Deputy Chief Minister
C N Ashwath Narayan on Saturday said four more MoUs are in the
pipeline to be signed with global innovation alliance (GIA)
partner countries, including the US, mainly in the aerospace
     The Deputy Chief Minister said this at the
conclusion of the Bengaluru Tech Summit 2020 here which was
inaugurated by Prime Minister Narendra Modi on November 19.
     "This summit has witnessed 8 MoUs with our partner
countries and four more are in the pipeline.Out of which two
MoUs will be signed with the USA in the aerospace sector,"
Narayan was quoted as saying by his office in a release.
     "We are expecting exchange of ideas in this sector
between India and our global innovation alliance partner
countries which may translate into investments in future," he
     The government on Friday had announced 8 MoUs and
intentions for collaboration with partner countries.
     The countries Finland, Netherlands, Sweden, UK and
the USA-- showed their intent in partnering with the
government of Karnataka in the areas of skilling, R&D,
ecosystem connects, life science and biotechnology,
healthcare, aerospace and defense, education, sports economy
and automotive, it had said.
     Narayan said Bengaluru has always taken charge to
lead the transformation of India with innovation, science and
     "The theme of this years summit was 'Next is Now',
building on the success of our event last year.Innovation,
especially in leveraging disruptive technologies, is the need
of the hour.
     Through the sessions, panels, presentations,
knowledge caf, etc., we have created a larger platform for
exchange of knowledge and ideas," he said.
     He added that Covid-19 pandemic has highlighted the
need for rapid innovation, synergies between biotechnology and
information technology and global cooperation.
The DCM said the dates of 'BTS 2021' will be
announced.However it will be held in November.
     "The next BTS will be conducted physically and
virtually for extending its global reach," he said.PTI KSU BN

(This story has not been edited by THE WEEK and is auto-generated from PTI)