NAVER and TCS Collaborate on Map Services in India
South Korean Tech Giant NAVER, TCS Ink MoU
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South Korean tech company NAVER Corp and India's Tata Consultancy Services Ltd have signed a Memorandum of Understanding to collaborate on map services. This agreement is part of a broader initiative to enhance bilateral cooperation between India and South Korea, reflecting NAVER's commitment to entering the Indian market.
- 01NAVER Corp and Tata Consultancy Services (TCS) signed a Memorandum of Understanding for collaboration in map services.
- 02The MoU is part of 16 agreements aimed at strengthening India-South Korea bilateral cooperation.
- 03NAVER is known for its leading search portal and various tech sectors including AI and cloud computing.
- 04The collaboration aims to leverage Tata Group's capabilities in the Indian market.
- 05The agreement was signed by NAVER CEO Choi Soo Yeon and TCS President Ujjwal Mathur.
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On Monday, NAVER Corp, a prominent South Korean technology firm, and Tata Consultancy Services Ltd (TCS), India's largest IT company, signed a Memorandum of Understanding (MoU) to enhance cooperation in map services. This agreement is part of a broader initiative that includes 16 agreements aimed at bolstering bilateral ties between India and South Korea. NAVER Corp, recognized for its leading search portal, also has a diverse portfolio that includes commerce, Fintech, content, and advanced technologies. The MoU outlines NAVER's strategic entry into India's mapping services market, combining the strengths of Tata Group and NAVER. The signing took place between NAVER CEO Choi Soo Yeon and TCS President for the India market, Ujjwal Mathur.
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This collaboration could enhance the quality and availability of mapping services in India, benefiting users and businesses.
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