Korean prez for IT ties with India

NEW DELHI: While speaking at a meeting organized by FICCI and CII, the Korean President, Roh Moo-hyun said that the IT sector would determine the future of India and Korea.

"Korea has focused its national energy on the development of information and consequently has built a high speed communication network criss-crossing the country. If Korea's merits in the hardware sector were coupled with India's unrivalled software, it would not only benefit us both but would also open the path for jointly venturing into third nations. The agreement reached on this occasion to establish an Indian IT software human resource training center in Korea will serve as the first meaningful step toward greater cooperation in the IT sector," he said.

The Korean President hoped that bilateral co-operation would become substantial in respect to India's CDMA service, high speed Internet and the work on e-government system. He identified science and technology sector as an exemplary model of bilateral co-operation, especially after the setting up of the government level channel of co-operation in science and technology.

Speaking on the occasion, CII president Sunil Kant Munjal said, "As IT revolution transforms the Indian landscape, there are emerging opportunities for outsourcing and for collaborating in the area of embedded services. Jointly our industry is positioned to leverage on existing connectivities that will help diversify our co-operation in knowledge based industry, which find wide-application in rural ad urban India, and in third courtiers."