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Foreign Collaboration In India

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Foreign Collaboration In India In general, the definition of foreign collaboration can be stated as follows.
  • "Foreign collaboration is an alliance incorporated to carry on the agreed task collectively with the participation (role) of resident and non-resident entities."
  • Alliance is a union or association formed for mutual benefit of parties.
  • Foreign collaboration is such an alliance of domestic (native) and abroad (non-native) entities like individuals, firms, companies, organizations, governments, etc., that come together with an intention to finalize a contract on some tasks or jobs or projects.
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