India and Israel have signed an MoU on Industrial Research and Development Cooperation.

India and Israel have signed an MoU on Industrial Research and Development Cooperation.

Aim : To collaborate in high technology areas such as Artificial Intelligence, Quantum, and semiconductors, synthetic biology, etc.,

* The MoU was signed between CSIR and the DDR&D, Ministry of Defense of Israel.

* Acknowledging the ongoing cooperation efforts of CSIR, Daniel Gold, Head, DDR&D, said, “DDR&D welcomes collaboration not only with R&D organizations but also with start-ups and companies, venture capitals on both sides.”

* He also apprised that AI and photonics are strengths of Israel and welcomed cooperation with CSIR in High Technology sectors.

* The MoU shall enable cooperation in the industrial R&D programs in mutually agreeable industrial technology fields through implementation of specific projects, Ministry of Science and Technology said in a statement..

Source : Financial Express