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WTC Noida to Promote MOX Zone

May 26, 2017

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NOIDA, INDIA - World Trade Center, Noida(WTC Noida) is promoting Techzone I as a MOX Hub in Greater Noida and has approached the Government of Uttar Pradesh for support and partnership.-With Vivo Mobile and Viridian E-Spark Accelerator already a part of WTC Noida, one of the world’s largest WTC, WTC Noida has received expressions of interest from many other domestic and International players to invest in the region.

Mobile Open Exchange Cluster (MOX) is a focused mobile ecosystem that builds on 3 pillars, i.e. infrastructure, hardware and software, and addresses the challenges faced by technology companies through access to skilled human resources and enabling synergies.

With WTC Noida at the centre, MOX@Teczone is slated to transform into a focused mobile ecosystem harboring infrastructure service providers, retailers and distributors, handset manufacturers, and mobile content, application and service providers. This will also further indigenous R&D in hardware and help promote start-ups in the app development and other domains related to mobile. The dedicated region, is poised to emerge as a significant MOX hub, taking advantage of its strategic locational advantages and the fact that 15 mobile companies are already operating from Noida/Greater Noida region.   

Ms. Khair Ull Nissa, Executive Director, WTC Noida and VERBIND its trade services arm said: “Looking at the way the Indian telecom market is growing; MOX is an apt solution and will surely prove to be a game changer. MOX will enable reduced operational costs and enhanced profitability for mobile companies due to the efficient supply chain systems that will evolve due to the proximity of the vendors and suppliers in the cluster.

Techzone 1 is ideally located as a MOX hub owing to its strategic location that is adjacent to Gautam Budh University and other educational institutions, DMIC Corridor, the upcoming Jewar Airport and significant affordable residential catchment.” 

Interacting with media persons, Mr. Scott Ferguson, CEO, World Trade Center Association said: “The current government has taken slew of initiatives to propel the economic growth of the country. These initiatives have put India amongst top investment destination across the globe. We are confident that initiatives like MOX will ensure ground level success for programs like Make in India, and Skill India and will take them to next level.” Mr. Ferguson, is currently on visit to India. 

Ms. Khair Ul Nissa, also revealed that WTC Noida is collaborating with its counterparts across the world, especially from World Trade Centres in China, Taiwan, South Korea and Japan to invite investment from the concerned business sectors across geographies.

World Trade Center, Noida is the largest WTC facility in the world. Crafted to international standards combined with the trust of a global power-brand, it has demonstrated its significance as a catalyst to regional business and infrastructure growth. World Trade Center, Noida has emerged from a rich mix of ideas generated from India’s first and largest global architectural design competition in the commercial segment.