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2011-06-03

Andhra signs pact with Israel

This is in light of the large technical talent pool the state of Andhra Pradesh enjoys

Andhra Pradesh has signed a collaboratory agreement with Israel in the IT sector, in order to  promote innovative business ideas by assisting small and medium scale enterprises (SMEs) with financial grants.

"This is in light of the large technical talent pool the state of Andhra Pradesh enjoys. We are very confident and hopeful that the collaboration will be a significant contributory factor in accelerating already in process promotional activities undertaken by the state government," Andhra Pradesh Minister for Information Technology Ponnala Lakshmaiah was quoted by a news agency report.

"The intended collaboration between our state and Israel is in tune with their agreements with about more than 20 countries for supporting innovative ideas in the sector," Lakshmaih added.

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