APPENDIX 15
Memorandum by The Federation of Indian
Chambers of Commerce and Industry (FICCI)
India and the UK should set up a High Technology
Cooperation Group (HTCG) to boost bilateral high technology trade
between the two countries including trade in dual use goods and
technologies. The sectors that should be included are such as:
FICCI will be happy to provide industry inputs
for consideration of the two governments.
1 BIO-TECHNOLOGY
1. India will be the global vaccine hub
of the future. In order to this to happen, there has got to be
legal and Regulatory structure for Biological material transfer
(Bacteria, Viruses etc.) between UK and India.
2. India will be the global hub of Clinical
trials. In order to make this happen, Drug Controller General
of India and UKMCA must work together to formulate the guidelines
for conducting clinical trials such that when DCGI approves, UK
MHRA's approval is automatically granted.
3. In order to deepen Indo-UK relation in
the area of Biotechnology, we must create enabling structure for
collaboration in human capital. Capacity building measures must
be focused upon in the areas of Stem Cell Research, where Indo-UK
interface is of critical importance. Collaboration in this potential
area must be focused upon as well.
4. Out licensing of technologies related
to the development of new diagnostics and new drugs to be able
to fight with the tropical diseases inflicting masses living in
developing countries.
5. Creation of bi-national fund to promote
SMEs working—in Biotechnology at both countries.
2. NANO-TECHNOLOGY
Setting up Joint centers of excellence in the
area of Bio nano-materials.
3. ADVANCED SOFTWARE:
APPLICATION TO
ENTERTAINMENT INDUSTRY
We urge the Co-production Treaty between India
and UK to be signed at FRAMES 2006 scheduled to be held from 22-24
March 2006 at Mumbai, in presence of around 1,500 participants
from all over the world. This would provide an opportunity to
private sector companies to fructify businesses.
4. ADVANCE IT
Co-operation in embedded software, especially
in areas of Oil and Gas—both refineries and exploration
and Defence Industry. We could also cooperate with UK in embedded
software area in advance consumer electronics.
5. DEFENCE CO
-OPERATION
There has been a major move recently paving
the way for private sector engagement in this sector in a big
way.
7 February 2006
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