Intel India and the Israel Consulate General to South India announced their collaboration to drive innovation and technology development by connecting startups and enterprises of both countries.
The initiative will focus on key technology areas such as artificial intelligence, advanced driver-assistance systems for automotive safety and 5G, the fifth-generation wireless network. Intel said these technologies would have applications in areas such as health, water conservation, agriculture and automotive.
“The natural synergies that exist between the Indian and Israeli ecosystems, will help us drive innovation to deliver solutions for these markets, and for the world,” said Nivruti Rai, country head, Intel India, and vice president, data center group, Intel Corporation, in a statement.
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Startup Accelerator
Intel will extend the capabilities of its startup accelerator ‘Intel India Maker Lab’ in the country to Israeli startups to support the development of products and solutions. It would also provide mentorship, and connect the Israeli startups to India market requirements and opportunities.
In turn, the Israeli technology ecosystem will make its knowledge and technical capabilities available to the Indian startups. This will be accomplished through training and workshops. “We are honoured to be part of this collaboration that so intrinsically combines the values and strengths of India, Israel and Intel to advance innovation through these two vibrant technological ecosystems,” said Dana Kursh, Consulate General of Israel to South India, in a statement.
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