Officials from a company in Hyderabad, India announced they signed an agreement to improve bilateral trade agreement in the United States during County Executive Marc Elrich’s trip to India and Vietnam for an economic development trade mission.
IKP Knowledge Park in Hyderabad noted that “Elrich delivered a special speech” that emphasized mutual benefits.
According to a post on X, IKP said this “will facilitate partnerships with IKP startups fostering the exchange of innovative ideas & technologies. They will also improve bilateral trade relations between India and the US and enable Indian companies to expand their footprint in the US & vice-versa.”
According to its website, IKP Knowledge Park (IKP) is in a 200-acre pollution free zone and has the goal of “nurturing an environment for innovation and the expected growth in life sciences and related fields.”
The company’s mission is “building a world-class ecosystem for fostering leading edge innovation.”
Elrich, along with Council President Evan Glass and other county officials, is touring India and Vietnam during a two-week period to bring jobs, new technologies and new products here.
I am in India this week looking for opportunities to bring jobs, new technologies and new products to the County. I'm happy to be working with some of India's top incubators in healthcare and biotechnology, @AIC_CCMB and IKP, to develop partnerships that can flourish back home. https://t.co/IT6vMtWyFX
— County Exec Marc Elrich (@MontCoExec) October 30, 2023
The MoUs will facilitate partnerships with IKP #startups, fostering the exchange of innovative ideas & technologies.
They will also improve bilateral trade relations between India and the US and enable Indian companies to expand their footprint in the US & vice-versa. pic.twitter.com/SVsoSTVBTY
— IKP Knowledge Park (@IKP_SciencePark) October 30, 2023
