The Indo-Canada Chamber of Commerce (ICCC) signed a Memorandum of Understanding (MoU) with the Telecom Equipment Manufacturers Association of India (TEMA).
TEMA will come on board as a Partner Organization for CONNEXT 2021 – ICCC’s 10 Days-10 States Virtual Trade Mission to India from June 11 to June 25, 2021.
Welcoming the signing of the MoU, Vijay Thomas, President of ICCC, said, “We are delighted with our association with TEMA. It is India’s first and oldest association in Indian Telecom Sector. TEMA has more than 48,500 members and worldwide agreements with 74 organizations globally through the CMAI association of India. The new collaboration will help our Chamber foray afresh into Telecom and ICT, Education, Cyber Security, Skill development, Innovation and Start-Up ecosystem.”
Prof. N. K. Goyal, Chairman Emeritus, TEMA, responding with alacrity and enthusiasm, said, “TEMA will work closely with ICCC to offer cutting-edge programs in diverse spheres such as cyber security, new technologies, railway telecom VSS technologies, education in new technologies, educational programs, and 6G Cooperation Program.” He added, “Our focus will also be to jointly promote AtmaNibhar Bharat, Make in India, Investment and manufacturing in Telecom, ICT, Railways, Infrastructure, Healthcare, Agriculture, Video Surveillance, Smart Cities.”
Vikas Sharma, Director, SME, ICCC, who was instrumental in connecting the two organizations, added, “The collaboration will have a major impact on bilateral ties and both the organizations will work to facilitate and expedite the Comprehensive Economic Partnership Agreement (CEPA) between Canada and India, which is being negotiated for nearly a decade.”
Ravi Sharma, Chairman TEMA welcoming the MOU, said, “Partnering with Canada is one of the milestone steps for AtmaNirbhar Bharat which will pay way for development of technology, investments, manufacturing and export market to Canada. We look forward for wonderful opportunities for satellite communication, safe cyber technologies, trusted telecom products, next generation telecom and ICT technologies.”
The MoU will pave the way for both the organizations to cooperate on a series of mutually beneficial matters, including:
- Enhancing membership by offering member rates for members of each organization for event participation.
Work cooperatively to identify and explore business opportunities between the two organizations.
- Jointly work to identify and create bilateral economic, technical and business opportunities between Canada and India
- Promote direct company to company linkages and promotions between ICCC and TEMA business members.
- Develop ways that companies can reduce risk of entering bilateral business relationships between India and Canadian markets or any territories like US.
- Be advocates to the Canadian and Indian Governments on policies that will promote the development of business and technology linkages between Indian and Canadian Companies.
- Be an effective forum for networking, exchanging ideas and information and advancing the interests of the ICCC and TEMA.
- Provide a business or career match-making service identifying opportunities to the benefit of ICCC and TEMA and qualify potential collaborators.
- Access and offer market intelligence on business sectors, industries and companies to ICCC and TEMA.
- Provide information on Canadian and Indian trade fairs, missions, seminars and other business-related events to ICCC and TEMA.
- Work collaboratively with Government to address members’ needs and the trade and profession related barriers they encounter.
- Plan joint meetings/seminars that could be of interest to both memberships in order to attract greater attendance and reduce overhead event costs.
- Share any commercial or technical information that could benefit the membership of either organizations
TEMA – Telecom Equipment Manufacturers Association of India is India’s first and oldest association in Indian Telecom Sector. Established in 1990, TEMA has always advocated and stressed the need for strengthening the domestic manufacturing of telecom equipment in India so as not only to become self-reliant but also export. Working closely with the government on growth and indigenization of the Electronics/Telecom Sector, TEMA is the first one in bringing focus on the associated security risks due to continuous dependence on imported network equipment and components for the telecom networks in India. To promote and develop the “Make in India” brand globally, TEMA also announced an international body CMAI for International cooperation and policy dialogue. With 48,500 members and MOUs with 74 International Organizations, CMAI is now the largest ICT association in Asia for global cooperation and policy dialogue not only in the sector of telecom but also in all associated sectors such as ICT, Education, Cyber Security, Skill development, Innovation and Start-Up ecosystem.
Indo-Canada Chamber of Commerce (ICCC) is a 44-year-old (established in 1977) Toronto-based bilateral trade promotion organisation fostering economic and business relations between Canada and India, and creating business opportunities for Canadian small businesses. It is a non-profit, non-partisan organization. Our programs and policies foster individual initiative, and the ability of members to make a significant contribution to the economic, cultural and social fabric of Canada.
The ICCC’s mission is to be the premier, privately funded, Indo-Canadian business organization in Canada by:
- Creating business and professional opportunities for Indo-Canadians.
- Creating awareness of the contribution of the Indo-Canadian business and professional community.
- Facilitating business and trade opportunities between Canada and India.
- Provide members with a forum for networking, sharing ideas, information, and experiences to promote mutual business success.
- Create learning opportunities through seminars, workshops, and conferences.
- Foster trade between Canada and India by creating relationships and links between Canadian and Indian business and government organizations.
- Recognize the achievements of business and community leaders at our Annual Awards and Gala Night