GTech signs MoU with NZ Business Council for enhancing trade


Trivandrum: Group of Technology Companies (GTech), the industry body of IT / ITeS companies in Kerala and India – New Zealand Business Council, New Zealand, have signed a high-level agreement to promote enhanced trade and exchange between Kerala and Auckland in the next two years.

The Memorandum of Understanding (MoU) was signed between Sunil Kaushal, Chairman, India-New Zealand Business Council and Anoop P Ambika, Secretary, GTech in the presence of Grahame Morton, New Zealand’s High Commissioner to India in Mumbai, during the visit of a New Zealand trade delegation led by Nathan Guy, Minister for Primary Industries and Stephen Fleming. The MoU aims to identify common goals and strategic objectives through exchanges in business development and creative and technical collaboration in IT and non-IT sectors.

In a statement, Nathan said, “New Zealand sees India as one of the largest trade partners. The 300 million plus Indian middle class is a large market for the products from New Zealand. Ours is one of the most innovative countries in the world and the MoU with GTech in the ICT sector is significant in this context. The mutual visits would strengthen the ties.”

“Both regions are home to innovation and entrepreneurship and there are several areas where we can synergise. New Zealand’s know how in the most modern technologies in agriculture, food processing and healthcare would definitely be of interest to Kerala. Likewise, Kerala has a large pool of qualified human resource, especially in the field of ICT, which can support innovators in New Zealand scale up and excel in the global markets”, said Anoop.

A delegation of CXOs of 13 IT companies from Kerala had visited New Zealand cities of Wellington and Auckland in August this year. The delegation was organized as a part of Global IT Connect, an initiative conceived by GTech for the Government of Kerala aims to connect the IT industry in Kerala with global markets. In reciprocation, a New Zealand delegation had visited Kerala earlier this week.

“This is the second such response to Global IT Connect this year. We would be more than happy to facilitate trade and exchange not only in ICT but also in other sectors”, Anoop added.

Kerala IT News