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In the presence of the Deputy Mayor of The Hague, the Netherlands, Saskia Bruines, the Karnataka The Hague Innovation Corridor an MoU was signed with the Department of IT, BT and S&T, Government of Karnataka for collaboration in fields of Health, Cybersecurity, Agri-tech, and Peace & Justice.
The MoU, which is a renewal of an earlier MoU signed in 2016, will focus on identifying partnerships for tech innovation facilitation, startup exchanges and nurturing talent on both sides.
Speaking on the occasion Saskia Bruines, Deputy Mayor of The Hague said, “The Hague believes in close international cooperation between government, science, and industry. In our region, we are fortunate to have such close cooperation: top universities, tech hubs, economic top sectors, including Indian companies like HCL and Tech Mahindra, and a government that promotes regional cooperation. And now we are proud to underpin this by signing the MoU with the State of Karnataka”.
Prashant Kumar Mishra, Director, Department of IT & BT said that “We are indeed delighted to see our relationship with The Hague, which started in IT BIZ during 2016, deepen further at Bengaluru Tech Summit 2019. Parties of today’s cooperation shall further grow our mutually beneficial relationship in the fields of Health, Cybersecurity, Agri-tech, and Peace & Justice we as we move forward.”
Indian companies JK Technosoft and eMuhdra announce opening business in The Netherlands
Also, at the Bengaluru Tech Summit 2019, JK Technosoft formally announced the opening of its European headquarters in The Hague. JK Technosoft (JKT), is part of JK Group, globally recognized for its technology innovation, quality solutions, and services.
eMudhra is a leading digital transformation company headquartered in Bangalore focused on offering identity and trust services to 35mn people and providing solutions for paperless transformation and digital authentication to Fortune 100 customers and a number of top enterprises in e-Governance, Banking, Financial Services, and Insurance.
eMudhra has recently set up a company in The Hague in the Netherlands to offer trust services, cybersecurity and artificial intelligence solutions to customers in the European Union. eMudhra was attracted to The Hague because of its reputation in promoting companies focused on cybersecurity. eMudhra thanks The Hague business agency for the continued support it received in helping set up its first presence in the European Union. Local Dutch government officials welcomed JKT and eMuhdra to The Hague.
Synergy between India and The Hague
One of the key deciding factors for the companies to choose The Hague is its central strategic location, proximity to potential customers, multilingual workforce alongside its knowledge base and ease of doing business. The Netherlands is one of the world’s most technologically progressive countries. In addition, the fact that there are already several leading Indian IT & Technology companies based in The Hague was a strong argument in favor of choosing this city.
Strategic partners in the Netherlands – THBA and NFIA
The Hague Business Agency (THBA), a Foreign Investment Agency of The Municipality of The Hague, is responsible for attracting foreign investments to the city. THBA has assisted JK Technosoft and eMuhdra, by providing an exclusive tailor-made business program, which included a fact-finding trip and meetings with local government officials and stakeholders in the IT & Tech ecosystem.
THBA works in close collaboration with The Netherlands Foreign Investment Agency (NFIA) office in Delhi. As an operational unit of the Ministry of Economic Affairs and Climate Policy, NFIA helps and advises foreign companies in all phases of establishing, rolling out and/or expanding their international activities in the Netherlands.