- July 31, 2017
- Posted by: Wevio
- Category: Global Business Development, Global News & Events
Wevio signs MOU with RICH, to strengthen the commercialization between India and Korea!!!
MOU has been signed to create strategic partnership between Wevio and Research & Innovation Circle of Hyderabad (RICH) to promote opportunities & business development for Korean companies in Telangana State. Wevio and RICH has embarked on a new journey to explore new business opportunities from South Korea. This MOU helps both Wevio and RICH to define the long-term objectives for Knowledge Transfer, Technology Transfer, Co-R&D, Joint Ventures, Commercialization, Localization for manufacturing with Make-in-India initiative and other key aspects which can enrich the glorious economy of India and Korea.
With collaboration from RICH and Telangana government, Wevio would help establish new business relations between the two regions. The long-term partnership will also explore new joint development projects which will bring in innovative solutions for Indian businesses.
RICH and Wevio would work on wide range of industries including Agricultural, Medical Devices, Pharma, Automobile & Renewable Energy. The main objective would be to establish new businesses in Telangana region which will promote economic growth, employment, technology and Research & Development. The focus would also be upon startups and incubation centers in Telangana region by bringing in resources and investments from South Korea.
With an identical vision of building a better, stronger and robust economy, Wevio and RICH will create a lot of success stories through the expertise in global business development. And with the tremendous encouragement from the Telangana State government, the future is very bright for the state’s business growth.