Micro Technologies India Ltd., a Mumbai based IT-solution company has entered into a Memorandum of Understanding (MoU) with global major Sony Ericsson and undertaken to develop new high tech wireless products and solutions for its market worldwide.
In a statement made to the Bombay Stock Exchange, Micro Tech said Sony Ericsson PBU M2M, a part of Sony Ericsson Mobile Communications and a world leader in wireless telemetry product and solutions will jointly work with it in the development and promotion of wireless and related solutions, using available technological resources of both companies.
The Indian company will continue to develop products and solutions based on Sony Ericsson wireless modules for the global market, while endeavouring to generate business volume for both companies. On its part, Sony Ericsson will be responsible for providing inputs for wireless modules taken for development, as well as, releasing technical information about new products.
Both companies will work to integrate Sony Ericsson wireless modules with Micro Tech's specified applications to target the international industrial automation market segment.
Another feather in India's cap, testimony to the faith global majors have in the sub-continent's prowess to deliver the whole gamut of goods from back-office work to research and development. Is it Rah Rah time for India as it takes the trend of off-shoring / outsourcing to another height - knowledge hub of the world? I guess it is, bring on the cheer leaders as they chant:
"The Indians are fired up,
Can you feel the heat?
It's a spirit explosion,
All Competition retreat
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