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Gujarat delegation discusses collaboration with UK, Israel

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Press Trust of India New Delhi
A delegation comprising corporate leaders and senior government officials from Gujarat discussed collaboration in the fields of solar technology, agriculture defence, R&D, investment synergies in start-ups and crowd funding initiatives on a visit to Israel and the UK.

The Vibrant Gujarat delegation deliberated on "connecting businesses between the UK, Israel and the state of Gujarat with focus on manufacturing, healthcare, life sciences, infrastructure systems, cities and transport systems," a release said.

On Israel visit, the delegates discussed possible investment synergies in startups between the country and Gujarat, emphasizing on implementation of IT in academia, solar technology, agriculture sector and possible collaboration in the area of Defence, Technology and R&D.
 

An academic collaboration with Tel Aviv University was also discussed.

Israel Innovation Authority in Tel Aviv met officials from the Vibrant Gujarat Delegation and extended their services and support in the form of financial assistance, support for entrepreneurs and early stage companies, support from traditional and hi-tech companies, and collaboration in academics with the state of Gujarat.

"Several meetings were held with private, multi-billion dollar companies such as Israel Aerospace Industries, Tahal and Mobileye discussing subjects ranging from collaboration of knowledge, enabling policies in a stable environment in Gujarat, potential partnership opportunities and participation opportunities at the Vibrant Gujarat Summit 2017," the release said.

In the UK, a roadshow was held in London to an audience comprising of members from the business community, academicians, among others. Discussions were held on crowd funding initiatives and institutional structure for incubation and startups connections.

The Vibrant Gujarat delegation also visited Salford University, Department of Climate Change which showcased retrofitting of equipment's that enable energy efficiency and can be replicated by Gujarat.

"The state has immense potential in solar and wind energy, with a potential of 69,000 MW and 10,000 MW respectively, and most of it has been vastly untapped".

"The outcome of our visit to Israel has also been very positive, especially in the startup and innovation sectors. We have received very encouraging response from everyone we met in Israel, and we are really looking forward to a fruitful collaboration, leading to a successful Vibrant Gujarat Global Summit 2017," Mamta Verma, Industries Commissioner, Government of Gujarat, said.

"We have had excellent meetings with companies having interest in financial services, technology, manufacturing and ICT based industries. The scope for collaboration is immense, and the time has never been better for Gujarat to capitalize on business opportunities from the UK," Vikas Nath, CEO - UK and Europe, Adani Global PTE Ltd. Said.

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First Published: Aug 17 2016 | 8:13 PM IST

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