FICCI, Innovation Norway ink agreement on industrial coop
Industry body FICCI entered into an agreement with its Norwegian government-owned Innovation Norway to strengthen and diversify industrial cooperation between firms in the two countries.
By PTI |
NEW DELHI: Industry body FICCI on Friday entered into an agreement with its Norwegian government-owned Innovation Norway to strengthen and diversify industrial cooperation between firms in the two countries.
"The two organisations will ensure the implementation of industrial cooperation agreements, creation of joint ventures, transfer of know-how and technology, licence agreements and investments on Indian and Norwegian territories," FICCI said in a statement.
Under the pact, the two bodies will exchange information on matters of reciprocal interest, including on economic situation and trends, labour market statistics, legislation on investments and incentives.
Innovation Norway promotes industrial development profitable to both the business economy and Norway's national economy. Its core group of clients are Norwegian companies, predominantly SMEs.
"The two organisations will ensure the implementation of industrial cooperation agreements, creation of joint ventures, transfer of know-how and technology, licence agreements and investments on Indian and Norwegian territories," FICCI said in a statement.
Under the pact, the two bodies will exchange information on matters of reciprocal interest, including on economic situation and trends, labour market statistics, legislation on investments and incentives.
Innovation Norway promotes industrial development profitable to both the business economy and Norway's national economy. Its core group of clients are Norwegian companies, predominantly SMEs.
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