BWI: India Semiconductor Association (ISA) and East of England International in Partnership: MoU to Foster Business Alliances in the Semicon Sector between the Two Countries

Press release from Business Wire India
Source: India Semiconductor Association (ISA)
Wednesday, March 04, 2009 12:20 PM IST (06:50 AM GMT)
Editors: General: Consumer interest, Economy; Business: Advertising, PR & marketing, Business services, Electronic appliances & components, Information technology; Technology
Release no: 19390
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India Semiconductor Association (ISA) and East of England International in Partnership: MoU to Foster Business Alliances in the Semicon Sector between the Two Countries


Bangalore, Karnataka, India, Wednesday, March 04, 2009 -- (Business Wire India) -- The India Semiconductor Association (ISA), the trade body representing the Indian semiconductor driven industry and the East of England International, today entered into a Memorandum of Understanding (MoU) to identify and foster business alliances in the semiconductor sector two countries.

According to the Mou, in the light of the mutual interest of the two trade bodies to promote and develop the semiconductor industries in their respective countries, ISA and East of England International have agreed to cooperate with each other in select areas which included chip design, embedded software and solar photovoltaics.

The MoU encourages ISA and East of England International to foster business relationships among members companies and to develop a mutually beneficial framework for exchange of industry reports, delegations and business visits.

Speaking at the signing of the MoU, Ms. Poornima Shenoy, President, India Semiconductor Association (ISA) said, "We see a tremendous potential for the growth of semiconductor led businesses in India and the United Kingdom and hope to leverage these prospects in the coming years."

Sir Robin Young, Chairman, East of England International, added, "We already have a strong connection in semiconductors with ARM - an East of England grown company - located in Bangalore. Semiconductor R&D was effectively 'born' at the University of Cambridge with the discovery of the electron in 1897 right through to the development of the world's first single-electron memory device.

"There are immediate opportunities for collaborations and we look forward to supporting partnerships between our two networks."

About East of England International

East of England International (EEI) works with companies seeking to trade internationally and assists foreign-owned businesses looking to invest in the region. EEI is funded by and works in partnership with the UK Government, the East of England Development Agency (EEDA) and a wide range of businesses and partners in the region.

In the East of England, EEI's Trade Team delivers UK Trade & Investment's export services. For further information www.eei-online.com. Support for this event programme would not be possible without the support of our partner, the British Trade Office based in Bangalore and Mr Steven Ireland, Head of Sales & Propositions, East of England International.

About India Semiconductor Association (ISA)

ISA is the premier trade body representing the semiconductor driven industry in India and has around 120 members from India and outside it. ISA aims to establish India as the preferred global destination for semiconductor and solar photovoltaic companies. This includes chip design and embedded software companies, the solar fabs and the related ecosystem. ISA is committed towards building global awareness for the Indian semiconductor driven industry and supporting its growth through focused activities. ISA supports the business interests of its members. ISA is engaged in providing current and credible data on the sector through research publications; working with state and central governments on policy related matters; and having events to create visibility and networking opportunities. ISA has played a prominent role in working with the Government of India in the formation of the Indian Semiconductor Policy 2007.

To view the photograph, please click on the link given below:
Sir Robin Young Chairman East of England International B V Naidu Group CEO Genexx Enpower Corp Pvt Ltd and Vice Chairman of ISA
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CONTACT DETAILS
Gaurav K Punjabi, India Semiconductor Association (ISA), +91 9900919234/ 91 (80) 41473250, gaurav@isaonline.org

KEYWORDS
CONSUMER, ECONOMY, MARKETING, BUSINESS SERVICES, ELECTRONICS, IT, TECHNOLOGY

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