Published On: Fri, Feb 6th, 2015

Media Tek Shares Big Expansion Plans for India

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img2015020604New Delhi: The global Chairman of Media Tek Shri M. K. Tsai and his team met the Minister for Communications and IT Shri Ravi Shankar Prasad in New Delhi today. Media Tek which is one of the largest chip-design companies in the world, is encouraged by the new investment friendly climate in India and initiatives like Digital India.

The Media Tek chairman shared his commitment to make technology more accessible for people. He was encouraged by the great market potential that India holds in the field of technology and high tech services. He informed the Minister that Media Tek is keen on expanding its presence in India.

The Minister shared with the Chairman the Digital India vision and how it has opened up new avenues and opportunities in the field of technology. Initiatives like Make in India and Smart Cities coupled with liberalization of defence manufacturing has created a great demand for technology solutions and hardware in India. This along with the young population, economical workforce and business friendly government has made India a great investment destination, Shri Ravi Shanker Prasad added.

The Minister also shared the government’s vision to create more IT hubs in small towns. He shared with the Chairman, his vision of opening BPO centers in rural areas. This would propel the growth of India and bring prosperity to the lesser developed parts of India.

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