The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has given its approval for signing Memorandum of Cooperation (MoC) between India and Japan
The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has given its approval for signing Memorandum of Cooperation (MoC) between India and Japan. This MoC encompasses bilateral cooperation in the field of Information and Communication Technologies (ICTs) between the two countries.
“The MoC will contribute in strengthening bilateral cooperation and mutual understanding in the field of communications and will serve as a strategic initiative for India as Japan is an important partner with “Special Strategic and Global Partnership” status,” read Union Cabinet’s offiial note.
Standard certification of communication equipment and more
The MoC, as per the government of India, will help in cooperation between two countries in various fields like 5G network, telecom security, submarine cable, standard certification of communication equipment, utilization of latest wireless technologies and ICTs. The other areas include ICTs capacity building, public protection and disaster relief, artificial intelligence (AI) / block chain, spectrum chain, spectrum management, cooperation on multilateral platforms etc.
“The MoC will further enhance opportunities for India to get into global standardization process. Cooperation in ICTs technologies will help in strengthening ICTs infrastructure in the country. Cooperation in the development of future submarine cable networks and technologies will help in boosting connectivity of mainland India to remote areas,” read the official note.
It continued, “he MoC aims to promote human capacity building in field of ICTs and further development of startup ecosystem which will contribute in realizing the objectives of Atmanirbhar Bharat.”
The global communication test and measurement market size, as per Markets and Markets, is expected to grow from USD 6.2 billion in 2020 to USD 9.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 9.5 per cent during the forecast period. North America is expected to hold the largest market size in the global communication test and measurement market, while Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period.