The delegation headed by IT and Industries Minister KT Rama Rao signed an MoU with the California Governor's Office for joint innovation, exchange and cooperation in alternative energy, environmental technology, health, agriculture and other technology based industry sectors, business innovation, research and development.
'This MoU will open new avenues for exchange of innovative ideas between Startups in Telangana and Silicon Valley. I am confident that Startups in both geographies would benefit immensely from this MoU' KTR who is on USA visit said.
India and California have strong economic ties that make our respective regions natural partners, said Governor's Office of Business & Economic Development (GO-Biz) Director Panorea Avdis. 'The agreement with the Telangana government provides a framework for collaboration that will help innovative Indian companies invest in California and help innovative companies in our state access the Indian market.'