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Under leadership of Shreekant Patil with Poland-India Chamber, Indian MSMEs explore collaboration & growth opportunities in Poland & Europe with key govt partnerships, academic tie-ups, and investor support.Shreekant Patil, along with Krystyna Wróblewska, Vincent Peter, Amit Thakkar, and Rahhul Pradhan, recently visited DAWG, a government agency in Poland. During their visit, the delegation met with key government officials and explored promising opportunities at the TriQube incubator located in Wrocław, a dynamic space dedicated to fostering innovation and entrepreneurship.olnośląska Agencja Współpracy Gospodarczej (DAWG) serves as a vital support system for SMEs by providing funding, training, and fostering international collaborations. TriQube, one of DAWG’s flagship initiatives, offers Indian MSMEs and startups access to investment, technology transfer, subsidies, and incentives designed to accelerate business growth.The Poland-India Chamber of Cooperation (PICC), in partnership with DAWG and TriQube, is strategically positioned to assist Indian entrepreneurs in investing, collaborating, and expanding their businesses across Poland and the broader European market.oreover, Indian government initiatives including Our Invest India Startup India Directorate of Industries, GoM One District One Product Quality Council of India NSDC National Skill Development Corporation Skill India have the opportunity to formalize Memorandums of Understanding (MoUs) aimed at facilitating Indian MSMEs’ entry into the European market. These MoUs also encompass academic collaborations with Polish universities to promote technology transfer and increase job opportunities in Poland.Polish investors have expressed readiness to invest in Indian MSMEs and startups, offering handholding support in technology, research and development, and market access. This collaborative framework ensures that Indian entrepreneurs are equipped with the necessary guidance and resources to succeed in global markets, particularly in Poland and Europe.During the visit, the delegation held constructive discussions with Magdalena Juzyszyn, Director, Łukasz Kasprzak, Deputy Director from Urząd Marszałkowski Województwa Dolnośląskiego, Grzegorz Małyga, Deputy Head, and Krzysztof Górka, further solidifying the partnership for sustained innovation and economic growth.CEng. Shreekant Patil is a distinguished advocate for scaling up Indian MSMEs, leveraging his extensive international experience to empower exporters and industry associations. As a Chartered Engineer and certified MSME consultant, he plays a pivotal role in fostering global trade ties, particularly between India and Europe, through strategic initiatives such as the Poland-India Chamber of Cooperation. Shreekant actively supports MSMEs by facilitating access to technology transfer, market expansion, and capacity-building programs. His collaborations with government bodies, export councils, and financial institutions aim to strengthen MSME competitiveness, enhance export readiness, and promote sustainable growth across sectors.Startups and MSMEs aspiring to elevate their business to the next level are invited to connect with Shreekant Patil, a seasoned mentor and consultant passionate about enabling growth. With deep expertise in government schemes, export facilitation, business development, and access to both domestic and international markets, Shreekant offers personalized guidance and support. Whether you are seeking to scale your operations, navigate subsidies, or expand globally, this is your opportunity to receive hands-on mentorship tailored for success. Contact Shreekant Patil now to begin your growth journey.

Wrocław, Poland — November 2025: CEng. Shreekant Patil, a global leader representing multiple Indian industry chambers including NIMA, SCGT, MACCIA, BLL, GFID, and others, has assumed a significant operational role as a core team member of the newly inaugurated Poland-India Chamber of Cooperation (PICC). Shreekant Patil will play a key part in managing operations and spearheading initiatives to deepen economic, educational, and cultural collaboration between India and Poland.The official inauguration of the PICC took place on October 29, 2025, at the historic Wrocław Town Hall. The event drew a distinguished gathering of Polish government officials, business leaders, diplomats, academics, and cultural representatives from both countries. Among the notable Polish officials present were Ms. Renata Granowska, Vice-President of Wrocław, Mr. Bartłomiej Kubicz, Director of the Department of Economy and Promotion of the Marshal's Office of the Lower Silesian Province, who highlighted this occasion as the start of a new era of cooperation between Lower Silesia and India. Mr. Marcin Urban, Treasurer of Wrocław, described the inauguration as a valuable opportunity for the city and the region to attract investments, drive innovation, and forge enduring economic partnerships. From Poland, the event welcomed esteemed dignitaries including Ms. Renata Granowska, Deputy Mayor of Wrocław; Mr. Michał Młyńczak, Deputy Mayor of Wrocław; Mr. Marcin Urban, Treasurer of the City of Wrocław; Ms. Andrea Layer, Consul of the Federal Republic of Germany; Ms. Małgorzata Węgrzyn-Wysocka, Honorary Consul of Finland; Mr. Wojciech Kamiński, Honorary Consul of the Republic of Türkiye; Mr. Jędrzej Jachira, Honorary Consul of the Republic of Chile; Ms. Małgorzata Tańska, Representative of the Polish Investment and Trade Agency (PAIH S.A.); and Ms. Magdalena Okulowska, President of the Management Board, Wrocław Agglomeration Development Agency (ARAW S.A.). founders of PICC, President Krystyna Wróblewska and Vice President Mr. Vincent Peter, bring extensive experience to the chamber's leadership. Ms. Krystyna Wróblewska is an accomplished business leader who has significantly contributed to the development of entrepreneurship and human capital in Wrocław over many years. Vincent Peter, an influential representative of the Indian business community in Poland, has vast international experience spanning Europe, Asia, and North America. Together, they guide the chamber’s mission to foster close ties in trade, education, sustainability, smart infrastructure, and cultural exchange.In alignment with the recent Memorandum of Understanding signed between the Government of India and the European Union to advance collaboration in green technologies, digital transformation, and sustainable trade, the Poland-India Chamber of Cooperation’s new partnerships reflect the shared vision of deeper India–Europe engagement. These MoUs further reinforce India’s growing role in building resilient transcontinental supply chains and promoting innovation-driven growth in line with EU-India strategic cooperation goals.ing the inauguration, PICC signed strategic MoUs with several Indian industry associations led by CEng. Shreekant Patil, including NIMA, SCGT, MACCIA (Maharashtra Chamber of Commerce, Industry & Agriculture), GFID – Global Forum for Industrial Development, and other prominent organizations. These agreements establish formal frameworks for cooperation, joint ventures, skill development programs, trade facilitation, and innovation exchange, representing a concrete step forward in the “local to vocal” and global scaling ambitions of Indian businesses. Additionally, the Poland-India Chamber of Cooperation (PICC) has signed strategic Memorandums of Understanding with the Smart Cities Council, HR Rexer Group, and other key organizations, further expanding its collaborative network to promote innovation, sustainable urban development, and human resource excellence.Shreekant Patil is an influential business leader and international trade facilitator who has been instrumental in developing cross-border collaborations between India and Europe. Representing key Indian chambers, Shreekant Patil has been vital in connecting Indian MSMEs with global markets through strategic alliances and operational excellence. His role as a core team member of PICC further empowers him to strengthen bilateral relations, promote knowledge sharing, and unlock new business opportunities for Indian enterprises in Poland and beyond.This new phase of partnership between India and Poland promises to build stronger economic, academic, and cultural bonds, fostering innovation and mutual growth. Under visionary leaders like Krystyna Wróblewska, Vincent Peter, and Shreekant Patil, the Poland-India Chamber of Cooperation stands poised to become a beacon for sustainable and inclusive international collaboration. Poland-India Chamber of Cooperation (PICC) headquartered in Wrocław, PICC organization dedicated to strengthening comprehensive cooperation between India and Poland. The Chamber serves as a multi-sector platform focusing on five strategic areas:Trade and InvestmentEducation and Skills DevelopmentRenewable Energy and Sustainable DevelopmentSmart Cities and InfrastructureCulture and TourismThrough these domains, the Chamber acts as a bridge between governments, academia, industry leaders, and social organizations to create sustainable and innovative partnerships.

Over the past year, millions of Indians have quietly are gaining access to some of the world’s most advanced artificial intelligence tools - ChatGPT, Google’s Gemini and Perplexity AI - all paying less to nothing. In countries like the United States or the United Kingdom, these services charge monthly fees or restrict premium features. But in India, the same technology is available almost entirely for free.It’s a puzzling situation at first glance. These systems cost enormous amounts of money to build and operate. Each query runs on large clusters of high-end computing chips, consuming energy and data centre capacity. So why would global technology companies effectively give away their most valuable products in a market as large as India?The answer lies in business strategy:India today is one of the biggest digital frontiers in the world. More than 750 million people are online, and most of them are under 35. They’re mobile-first, speak multiple languages, and are increasingly using the internet for work, education and entertainment. For global AI companies, this is the next great user base to win over - and winning it early matters more than making money immediately.Offering powerful AI tools for free is a way to get millions of people familiar with the technology before competitors do. Once habits form - using AI for writing, learning, coding, or searching - people are less likely to switch platforms later. That familiarity builds what companies call “stickiness.” The strategy is similar to what Facebook and Google did two decades ago: make it free, get everyone on board, and then build the business model later.What is less obvious but perhaps more critical is data. Unlike previous plaforms such as Facebook, India's data is more critical for the AI companies to train their models. India’s digital population produces a diversity of language, accent, and context that’s unmatched anywhere else. When people across the country use ChatGPT or Gemini in English, Hindi, Tamil or Marathi, it helps the companies behind these systems train their models to understand the world more accurately. India, in effect, becomes both a testing ground and a massive open classroom for AI.The economics of India also play a role. Most people here are not going to pay $20 a month for a chatbot, even one as capable as ChatGPT Plus. Rather than locking out hundreds of millions of potential users, the companies choose to let them in for free — betting that scale will eventually pay off through partnerships, enterprise deals, or cheaper local versions of premium plans.There’s another, subtler reason. Global technology firms are competing for visibility and influence in a country that is fast becoming central to digital regulation and AI governance. By being available, accessible and useful to Indian users, they build goodwill - both with the public and with policymakers. It’s a long-term investment in reputation.The result is that India today enjoys something of an AI dividend. People can access tools that cost money elsewhere, and in the process, the country becomes an important part of the global AI experiment. For users, it may feel like a lucky break. For the companies, it’s a deliberate move - an investment in the world’s fastest-growing digital market.The free phase won’t last forever. At some point, subscriptions, ads, or enterprise models will follow. But for now, the business logic is simple: if artificial intelligence is going to shape the future, the companies building it want India’s billion users to be part of that story - and to start using their platforms before anyone else’s.#chatgpt #geminiai #perplexity #claudeai #India #artificialintelligence

India’s AI ecosystem recorded a notable advance with CoRover’s launch of BharatGPT Mini at VivaTech 2025 in Paris and a swift commercial tie-up with Ecole des Ponts Business School. The agreement marks the first European adoption of the Indian-developed conversational AI, positioning BharatGPT Mini as a practical tool for student services including resume review, program selection, and admissions guidance.Designed for efficiency and privacy, BharatGPT Mini runs on-device and offline, reducing cloud dependency and costs while keeping sensitive data local to users’ devices. The lightweight model processes voice, text, and video inputs and supports 14 Indian languages alongside major global languages—an approach aligned with digital inclusion goals highlighted at the launch.“BharatGPT Mini offers a timely alternative” amid rising cloud costs and data privacy concerns, CoRover said during the announcement. Founder and CEO Ankush Sabharwal framed the partnership within the broader diplomatic and innovation ties between India and France, citing the shared vision of Prime Minister Narendra Modi and President Emmanuel Macron for responsible AI.Unveiled by Union Minister of State Jitin Prasada at VivaTech, the product’s offline capability and multilingual support were emphasized as enablers of access: “Imagine citizens accessing healthcare, banking, or governance services just by speaking in their language-no apps, no typing.” Senior Indian officials, including Abhishek Singh of the Ministry of Electronics and IT and Ambassador Sanjeev Singla, attended the ceremony, underscoring governmental backing for indigenous AI.Early signals suggest market traction. CoRover reports enterprise interest up 60–70% and projects fivefold small-business adoption in FY26. With claims of more than 25,000 clients and over one billion users, the company frames BharatGPT Mini within a strategy of “AI sovereignty,” arguing nations should cultivate domestic AI capabilities rather than rely solely on foreign platforms.Beyond the product launch, CoRover’s participation in the Station F‑HEC International LaunchPad-supported by India’s Ministry of Electronics and Information Technology and facilitated by the Indian Embassy in Paris—illustrates how policy initiatives are helping Indian startups scale internationally. The firm’s no‑code/low‑code platform, CoRoverBuilder, aims to democratize conversational AI creation, lowering technical barriers for enterprises and institutions.As global AI development concentrates within a handful of technology giants, India’s emergence with privacy-focused, edge-first alternatives signals a shift in both geography and architecture-one that could expand access while reshaping cost and compliance dynamics for organizations across sectors.---Startup Europe India Network is the digital bridge connecting the EU, UK, and India - enabling collaboration, partnerships, and innovation between scaleups, corporates and innovators www.startupeuropeindia.net

The European Union (EU) has agreed to adjust the carbon price paid by Indian exporters under the Carbon Border Adjustment Mechanism (CBAM) and simplify carbon tax rules for small businesses, according to the new Strategic EU-India Agenda adopted by the EU's 27-member bloc. The CBAM tax, set to be implemented from January 2026, targets carbon emissions in the production of selected products including iron and steel, aluminium, cement, electricity, hydrogen, and fertilisers, with a threshold set for emissions beyond which the tax applies.Indian exporters will benefit as the carbon price effectively paid in India under its Carbon Credit Trading Scheme will be deducted from the CBAM financial adjustment. This arrangement aims to support Indian exporters who reduce emissions in CBAM-covered goods. Small businesses exporting to the EU will also benefit from simplified rules related to the carbon tax. The EU noted that India's carbon credit scheme is developing quickly, and lessons from the EU's Emissions Trading Scheme on monitoring, reporting, verification, and sector standards can assist India in this area.The EU also communicated the agenda's broader objectives, which include better coordination of bilateral cooperation, tackling global challenges, and supporting the conclusion of the India-EU Free Trade Agreement by the end of 2025. Skills mobility is addressed through a pilot European Legal Gateway Office to facilitate labor mobility, covering study, work, and research frameworks.Further elements of the agenda emphasize reinforcing supply chains, promoting technologies and digital cooperation with a focus on economic security within the Trade and Technology Council, and expanding tech partnerships. This includes proposing an EU-India startup partnership and inviting India to associate with the EU’s Horizon Europe research programme.The agenda outlines initiatives for decarbonisation and a clean energy transition, focusing on renewables, green hydrogen production capabilities, and expanding green finance. Other priorities include strengthening food security, health, climate and disaster resilience, as well as security and defense cooperation. Regional connectivity projects such as the India-Middle East-Europe Economic Corridor and enhanced trilateral cooperation with third countries under the Global Gateway initiative are also included as key agenda items.This joint agenda aims to deepen EU-India cooperation across economic, technological, environmental, and strategic areas. It reflects ongoing efforts to build closer trade relations and address shared global challenges systematically.Read more: https://www.eeas.europa.eu/sites/default/files/2025/documents/JOIN_2025_50_1_EN_ACT_part1_v9.pdf---SignUp to the Europe-India digital bridge for tech business and product leaders scaling between markets www.startupeuropeindia.net

Ola Electric is spearheading India's electric vehicle (EV) revolution with its state-of-the-art Gigafactory located in the Krishnagiri district of Tamil Nadu, on the outskirts of Bangalore. This expansive 115-acre facility is dedicated to the manufacturing of lithium-ion cells and is touted as India's first Gigafactory.India's First Gigafactory: A Hub of Complexity and Cleanliness The Ola Gigafactory is an extremely complex manufacturing facility, requiring exceptionally clean rooms where even moisture, sweat, hair, or dirt cannot enter the atmosphere. This level of precision is comparable to semiconductor manufacturing processes, making it one of the most intricate in the world.The Heart of EVs: The 4680 Lithium-Ion Cell At the core of Ola Electric's ambition is the 4680 lithium-ion cell, described as "the heart of EVs". Beyond electric vehicles, this small cell is envisioned as the "energy platform of the future," capable of powering diverse applications such as drones, humanoids, home energy storage devices (like inverters replacing lead-acid batteries), and even grid storage alongside solar plants.Impact on Ola Electric's Products and Margins The 4680 cells are set to power Ola scooters this quarter (Q2: July-September), with the first products delivered to customers during Navratri. Manufacturing these cells in-house will significantly improve Ola Electric's margins over the next 12 months, as they move away from importing this crucial component. All upcoming Ola products, including Gen 3 scooters, motorbikes, and future offerings, will utilise the 4680 cells. In-house cell production offers several strategic advantages:Technology Control: Ola gains control over the technology, which defines product performance, including charging speeds, range, and thermal performance.Supply Chain Resilience: It reduces dependence on external suppliers or geopolitical factors that might throttle supplies.Faster Development & Customisation: The ability to build the next generation of cell technology faster and customise cells for different products, such as motorcycles or performance bikes, is enhanced.All cells produced are BIS certified.A Glimpse into the Manufacturing Process The Gigafactory process is highly automated and precise:All-Women Workforce: A notable highlight is that the Gigafactory is an all-women facility, currently employing around 500 women and scaling up to 1,000. These women operate complex machines, engaging in high-skill level jobs rather than manual labour. Many are engineering graduates.Cathode Production: The process begins with cathode making, where raw materials are processed and wound into electrode rolls. These raw materials are sourced from multiple countries, including China, Japan, Korea, and Australia (a major producer of lithium and manganese).Slitting: Large electrode rolls are then precisely slit into smaller "daughter rolls" with micron-level accuracy.Assembly and Jelly Roll Creation: In the assembly process, the cathode, anode, and a separator are combined into a "jelly roll".Multi-Stage Production: Making a cell involves almost 20 more processes after the jelly roll stage. This includes flattening sides, intricate welding to attach the lid, and taping sides to ensure vacuum and air-proofing.Electrolyte Filling and Charging: The cells are initially open for electrolyte filling, after which they are sealed with a plug and undergo a 10-day charge/discharge "hibernation" cycle.Quality Assurance with AI: Every single cell undergoes an X-ray inspection, with AI imaging used to detect any deviations in critical parameters like the gap between cathode and anode layers. This ensures micron-level accuracy and is essential for the factory's operation.Production Capacity: The factory boasts a throughput of 1 to 2 lakh cells per day. Approximately 40 of these cells go into one scooter battery pack.Investment: The 5 GWh capacity of the Gigafactory will require an investment of approximately $400 million, much of which has already been invested through equity and pre-IPO debt.Moving Towards Rare Earth-Free Motors Ola Electric is also working on a rare earth-free motor, specifically a ferrite magnet motor. This initiative comes as China holds a near monopoly on rare earths, which are essential for current motor technologies. Ola began this journey two years ago and is ready for production next quarter, aiming to de-risk its supply chain from rare earth dependency. The long-term direction for motor technology is to reduce or eliminate magnets by using copper wire with electricity to create electromagnets. In the short term, Ola has already diversified its magnet sources across multiple countries and produces motors in-house, mitigating immediate production impacts.Market Dynamics and Future Outlook The EV market in India has seen an aggressive ramp-up, with scooter adoption growing from almost zero to about 20% in just four years. While currently in a phase of consolidation, Ola anticipates another steep ramp-up driven by technology progression, cost reduction, and improved range and charging speeds.Ola Electric entered the market later than some rivals but was the first to scale, building significant vertical integration, factory scale, and consumer mind share. Ola has sold 1.2 million two-wheelers to date, significantly outpacing its closest competitor. The company has shifted its strategy towards profitable growth, focusing on deep vertical integration, technology development, and a "DNA of technology" to build good products and ensure profitability. Ola aims to achieve a 25-30% market share in two-wheeler EVs with high margins.Bhavish Aggarwal, founder of Ola Electric, states that their vision for the cell Gigafactory extends beyond their own products; it is intended to be an energy platform for India, with cells potentially supplied to other startups and companies for drones, robotics, energy storage, and other automotive products.Aggarwal draws inspiration from global EV leaders like Tesla and BYD for their vertical integration, high margins, and product differentiation, as well as cell companies like CATL and LG for their world-class processes and innovation. He believes it's "never too late" for India to start and scale up in these frontier technologies, aiming to "leapfrog" existing advancements.----Startup Europe India Network (SEINET) is an exclusive, invite-only platform connecting science and technology scale-ups, industry leaders, and investors from Europe and India to accelerate cross-border growth through sales, partnerships, and M&A. www.startupeuropeindia.net

Apple is expanding its iPhone manufacturing in India, with all four models of the upcoming iPhone 17 series being assembled there ahead of the device’s anticipated September launch. This marks the first time the full lineup, including the Pro models, will be produced in India from day one.The production now spans five factories, including new facilities by Tata Group in Hosur, Tamil Nadu, and Foxconn’s plant near Bengaluru. India currently accounts for about 20 percent of global iPhone production. Tata is expected to handle up to half of India’s iPhone output within the next two years, with the country projected to reach 25 to 30 percent of global iPhone production by year-end.India’s iPhone exports surged 63 percent to $7.5 billion in the April-July 2025 period, compared with $4.6 billion during the same months in 2024. This four-month period accounts for nearly half of India’s total iPhone exports in the previous fiscal year, which were valued at $17 billion.The expansion is a response to trade tensions and tariff threats. While Apple’s iPhones remain exempt from tariffs related to President Trump’s earlier 50 percent duties on Indian imports tied to Russian oil purchases, the exemption is subject to change amid ongoing trade discussions.Apple faces repeated pressure from the U.S. government over overseas manufacturing, including direct calls from Trump urging CEO Tim Cook to halt operations in India and threats of 25 percent tariffs on products manufactured outside the U.S.In August 2025, Apple announced a $100 billion investment plan to boost manufacturing in the United States, bringing its total domestic investment pledge to $600 billion over four years through a newly created American Manufacturing Program. However, analysts note that shifting significant iPhone production to the U.S. would require years, with potential price increases for devices estimated as high as $3,500.The Indian manufacturing expansion strengthens Apple’s supply chain diversification and positions the company to serve its large and growing market locally while mitigating risks from geopolitical and trade uncertainties.These developments mark India as Apple’s second-largest manufacturing hub after China, reflecting the company’s strategic shift in global production priorities.----Startup Europe India Network (SEINET) is an exclusive, invite-only platform connecting science and technology scale-ups, industry leaders, and investors from Europe and India to accelerate cross-border growth through sales, partnerships, and M&A. www.startupeuropeindia.net

Gautam Adani, Chairman of the Adani Group, has issued a powerful call for India to embark on what he calls its “second freedom struggle,” this time focused on achieving technological self-reliance. Speaking at the platinum jubilee of the Indian Institute of Technology (IIT) Kharagpur, Adani framed future global competition as a battle fought not with traditional weapons but through control over algorithms, data, and intellectual property.Adani emphasized that the true power in today's world lies in data centers and intellectual property rather than conventional resources or territories. He warned that nations dominating technology and intellectual property will, in turn, control the future. Highlighting India’s heavy reliance on imports—with 90% of chips and 85% of oil sourced from abroad—he urged urgent action from the government, academia, and industry to build domestic strength in these critical sectors.To guide this transformation, Adani proposed four core principles that could steer India toward technological and economic ascendancy: treating ideas as weapons in competition, prioritizing “India first” in development, fortifying the country's technological and infrastructure base, and fostering closer cooperation between academia, government, and industry.In an era marked by rapid AI innovation, Adani cautioned that today's technological advantages could quickly evaporate, making technological sovereignty synonymous with national sovereignty. He stressed the need for India to prepare aggressively, ensuring engineers and innovators lead this race rather than follow.Backing his vision with tangible projects, Adani announced the construction of the world’s largest renewable energy park in Gujarat’s Khavda region, spanning 500 square kilometers and boasting a massive planned capacity of 30 gigawatts. His ambition is clear: India will lead global renewable energy production within five years and set the pace worldwide by 2030.Further fueling innovation, Adani launched the Adani-IIT Platinum Jubilee Change Makers Fellowship, aiming to back promising projects in renewable energy, logistics, and smart mobility—areas crucial for sustainable growth.Reflecting on his company’s national scale, Adani attributed part of the Adani Group's success to its alignment with government policies, positioning it as India’s largest infrastructure player. He sees the Khavda project and others as integral to building a strong, technologically sovereign India.By positioning technological independence as a vital national mission, Adani is raising the stakes for India’s future. His message underlines the crucial nexus of innovation, infrastructure, and policy, signaling that collaboration across sectors is key for India’s emergence as a global technology leader.--------Startup Europe India Network (SEINET) is an exclusive, invite-only platform connecting science and technology scale-ups, industry leaders, and investors from Europe and India to accelerate cross-border growth through sales, partnerships, and M&A. www.startupeuropeindia.net

On 24 July 2025, India’s Ministry of Commerce and Industry announced the signing of the India–UK Comprehensive Economic and Trade Agreement (CETA), a landmark deal set to deepen bilateral trade and investment relations. This agreement aims to facilitate smoother market access by reducing tariffs on goods, simplifying customs procedures, and enhancing cooperation across various sectors including services, investment, and sustainability.Unlike a traditional Free Trade Agreement (FTA) that often focuses primarily on reducing tariffs on goods, CETA encompasses a broader scope of commitments. It includes detailed provisions on trade in services, investment protections, intellectual property rights, digital trade facilitation, and labor mobility—allowing professionals from both countries easier temporary access to each other’s markets.For example, the India–UK CETA provides near duty-free access on approximately 99% of Indian tariff lines and 90% of UK tariff lines. It also emphasizes regulatory cooperation and trade facilitation measures designed to reduce non-tariff barriers, supporting small and medium enterprises and encouraging sustainable trade practices.Beyond traditional trade concerns, the agreement addresses newer priorities such as state-owned enterprises, environmental standards, and gender equality, reflecting the modern and comprehensive nature of the pact.Both governments view CETA as a strategic step to bolster economic growth, attract foreign direct investment, and foster innovation and technological exchange amidst a shifting global trade environment. India sees the deal as aligning with its export expansion and investment attraction goals, while the UK regards it as a critical part of strengthening post-Brexit trade relations.The agreement will enter into force following completion of parliamentary and regulatory approvals in both countries. Stakeholders anticipate that CETA will open new avenues for businesses and service providers, deepening commercial cooperation and setting a framework for long-term partnership between India and the UK.-------Startup Europe India Network (SEINET) is an exclusive, invite-only platform connecting science and technology scale-ups, industry leaders, and investors from Europe and India to accelerate cross-border growth through sales, partnerships, and M&A. www.startupeuropeindia.net

India is rapidly embracing artificial intelligence (AI), aiming to become a global AI powerhouse by 2030. Despite currently playing catch-up to frontrunners like the US and China in AI investments and compute infrastructure, India is not merely joining the race; it seeks to leverage AI to address its unique national challenges at scale, with a core focus on inclusivity and reducing disparity.CNA Insider's take-on India's AI standing and ambitionIndia is rapidly embracing artificial intelligence (AI), aiming to become a global AI powerhouse by 2030. Despite currently playing catch-up to frontrunners like the US and China in AI investments and compute infrastructure, India is not merely joining the race; it seeks to leverage AI to address its unique national challenges at scale, with a core focus on inclusivity and reducing disparity.Understanding Artificial Intelligence At its heart, AI is designed to mimic human intelligence, learning and performing cognitive tasks. Unlike traditional programming where humans define rules, AI systems learn rules from vast datasets, identifying patterns in images, text, or speech to make predictions or decisions. The promise of AI is its ability to work with humans almost as a peer, transforming societies, revolutionising industries, and reshaping economies.A National Vision: AI for India 2030 India launched the "AI for India 2030" initiative in January 2023, followed by the government's approval of US$1.25 billion in investments for AI projects in March 2024 as part of the "India AI Mission". This mission, spearheaded by veteran civil servant Abishek Singh, aims to drive nationwide development and adoption of AI. A central tenet is to enable AI "for Indians by Indians and of Indians," ensuring it benefits all sectors of society and establishes India as a global AI leader. Estimates suggest AI could add half a trillion dollars to India's economy by 2035.India's Key Advantages in the AI Race India possesses several strengths that position it favourably in the AI landscape:Remarkable Digital Adoption: With a population of 1.4 billion, India has achieved impressive digital penetration. The India Stack, a full-scale public digital infrastructure, provides a suite of open and accessible digital tools. Examples include Aadhaar, a digital identity application with 99% population enrolment, and UPI, a unified instant payment system used by 500 million people. India plans to integrate AI applications into this stack, exemplified by Project Bhashini, which supports over 300 AI models for all 22 Indian languages, enabling voice-enabled services.Vast Talent Pool: India boasts the second-largest number of AI specialists globally, after the US, according to Boston Consulting Group. A significant 20% of AI and machine learning engineers worldwide are from India, showcasing a very large talent pool.Current Standing and Challenges India ranks fourth in Stanford's AI vibrancy index, a measure of a country's AI activity, development, and impact. However, it faces notable challenges:Investment Gap: Private sector investment in AI in India between 2013 and 2024 totalled approximately US$11 billion, significantly less than America's US$471 billion and China's US$119 billion. India's R&D intensity is also low, at just 0.65% of GDP, compared to 3.5% in the US and over 2.6% in China.Lack of Foundational AI Models: India currently relies on foundational models (large general-purpose machine learning models like GPT-4) built by other nations. Developing its own foundational models is crucial for strategic applications, including defence, to ensure data source transparency and avoid geopolitical risks. However, building these models is expensive, with GPT-4 estimated to have cost at least US$100 million.Cost and Scale: While some Indian companies like Strider Robotics are developing cutting-edge techniques for training robots, they acknowledge the need to catch up with global leaders. Agritech firms, despite raising funds, require more capital to expand their technologies nationwide.Linguistic Diversity: India's 22 official languages pose a challenge for training machine learning models at scale.Addressing the Roadblocks: The Path Forward India is actively working to overcome these challenges. The government allocated US$520 million in its recent budget for AI-related projects and has called for proposals to build India's own foundational models, receiving 67 proposals within two weeks with a plan to build six large-scale models by year-end. India draws encouragement from China's DeepSeek, which demonstrated that high-performance large language models can be built with significantly fewer resources, offering a model for India's cost-conscious approach. Experts are confident that India will be among the top-tier in AI technology within two to three years.Transformative Applications of AI Across Sectors AI is already making a tangible impact in India:Agriculture: With half of India's population dependent on agriculture, AI platforms like Fazl help farmers monitor soil, plant, and microclimate conditions, providing predictions and analysis to boost yields by 20-30%. AI agents can provide farmers with information on crop diseases, patterns, prices, and advisories, improving efficiency and income.Public Safety and Governance: AI is used to detect tuberculosis from X-ray images in rural areas lacking radiologists. At mass gatherings like the Mahakumbh Mela, machine learning monitors human traffic to prevent stampedes, and AI-assisted language translation apps help pilgrims find lost loved ones. Drones with AI-enabled autonomous navigation are being developed for emergency response, transporting blood samples or other cargo to remote locations.Industry and Hazardous Work: Robots are being developed for dangerous and difficult tasks in agriculture, mining, and construction, where working conditions are often poor. Vision AI is preferred over laser-based technologies like LiDAR for outdoor environments with dust, snow, or rain, making robots more adaptable.Everyday Life: An AI-powered app allowed Pankuri Gupta to transform into her AI avatar within seconds, showcasing the technology's application in influencer marketing and learning platforms.Concerns and Mitigation: Jobs and Misinformation While the potential of AI is immense, it also raises significant concerns:Job Displacement: Repetitive digital jobs, including routine coding, customer support, retail, and finance, are highly vulnerable to automation. Bangalore, India's Silicon Valley, saw over 50,000 IT job losses in 2024 due to companies shifting to AI operations. A survey indicated that six in ten Indian workers are worried about potential job loss. The World Economic Forum estimates AI could replace 92 million workers globally by 2030.Upskilling and Reskilling: To counter job displacement, there is a strong emphasis on upskilling and reskilling the workforce. AI curriculum has been introduced at school (Class 10th and 12th) and engineering levels. Being "AI native" is increasingly valuable, and India faces a potential shortfall of 1 million AI professionals by 2027.Misinformation and Deepfakes: AI poses a severe risk of misinformation, especially through deepfake videos and audio, which can be used to radicalise people, influence voter behaviour, or commit cybercrimes. The India AI strategy aims to address this through regulation focusing on "user harm" and building guardrails to control the technology.The Road Ahead India envisions AI as a powerful tool, not a threat, capable of doing what humans want to achieve more efficiently. With its strong talent pool, ambitious government initiatives, and a unique approach to inclusive AI development, India is well-poised to take its rightful place among the top AI-developing countries in the coming years. The journey involves overcoming challenges like cost, linguistic diversity, and large-scale skilling, but the long-term outlook remains optimistic.---Startup Europe India Network (SEINET) is an exclusive, invite-only platform connecting science and technology scale-ups, industry leaders, and investors from Europe and India to accelerate cross-border growth through sales, partnerships, and M&A. www.startupeuropeindia.net

A new radar satellite developed by the United States and India is scheduled to launch on Wednesday from India’s southeastern coast. Named NISAR, which stands for NASA-ISRO Synthetic Aperture Radar, the spacecraft aims to monitor subtle changes in Earth’s land and ice surfaces. The mission is designed to help scientists predict natural and human-caused hazards, such as earthquakes, landslides, and infrastructure damage.The pickup truck-sized satellite will lift off at 5:40 p.m. local time from the Satish Dhawan Space Centre, carried by an Indian Space Research Organisation Geosynchronous Satellite Launch Vehicle rocket. Orbiting at an altitude of 464 miles, NISAR will use a 12-meter dish to transmit microwaves and capture their echoes from Earth’s surface. These signals, processed by computers, will create high-resolution images capable of detecting surface movements as small as one centimeter.NISAR operates on two radar frequencies: L-band and S-band. The L-band is suited for monitoring taller vegetation like trees, while the S-band provides precise readings of shorter plants, such as bushes. This dual-frequency system allows the satellite to track changes in forests, glaciers, sea ice, and critical infrastructure, including dams and bridges. It can also identify areas prone to seismic activity, offering insights into fault lines and volcanic regions.The project is a collaboration between NASA’s Jet Propulsion Laboratory and ISRO. Each agency built components independently before integrating and testing the spacecraft in Bengaluru, India. The mission has been described as a significant step in U.S.-India cooperation, with both nations emphasizing its scientific and diplomatic value.Scientists anticipate NISAR’s data will enhance understanding of Earth’s surface dynamics. In regions like the Himalayas, where large earthquakes have occurred, the satellite’s measurements could improve hazard assessments. In well-monitored areas like California, it will allow researchers to focus on specific fault zones. The satellite’s ability to operate day and night and penetrate clouds ensures consistent data collection.NISAR will scan nearly all of Earth’s land and ice surfaces twice every 12 days, providing a steady stream of information. This data is expected to support disaster preparedness and infrastructure monitoring worldwide. The launch marks a milestone in space-based Earth observation and international partnerships.Join Startup Europe India Network - a verified platform connecting Indian and European business and product leaders to accelerate growth. Apply to become a member www.startupeuropeindia.net

Temasek Holdings, Singapore’s state investment company, has sold its 35 percent stake in Schneider Electric India Pvt Ltd (SEIPL), an Indian joint venture with French multinational Schneider Electric, for 5.5 billion euros (S$8.2 billion) in cash, marking a tenfold return on its initial investment. The deal, announced on Wednesday, transfers full ownership of the joint venture to Schneider Electric, strengthening the French company’s strategic focus on India as a key growth market and global hub.Temasek acquired the 35 percent stake in SEIPL for 530 million euros in 2020, when Schneider Electric merged its Indian low-voltage and industrial automation product unit with the electrical and automation operations of Larsen & Toubro Ltd. The joint venture, established in 2018, has since grown into Schneider’s third-largest market by revenue, generating 1.8 billion euros in statutory revenue in 2024, with total India sales, including exports, reaching 2.5 billion euros across Schneider’s subsidiaries.Schneider Electric, a global leader in energy management and automation, emphasized that full ownership of SEIPL will enhance its decision-making speed and agility in India, a critical hub in its multi-hub global strategy. The company operates 31 factories and 31 distribution centers in India, positioning the country as a cornerstone for its research, development, and supply chain operations, particularly for the Asia-Pacific and emerging markets. Schneider projects double-digit compound annual growth in SEIPL’s organic sales in the coming years and plans to scale its Indian operations by 2.5 to 3 times.“This transaction represents the logical next step in Schneider Electric’s strategic investment focus on India as both an attractive domestic growth market and one of the key hubs in its multi-hub strategy,” Schneider Electric stated in a press release. Olivier Blum, the company’s CEO, underscored India’s role, noting, “India is one of the key focus markets of Schneider Electric for the years to come.”The deal, subject to regulatory approval from India’s antitrust regulator, the Competition Commission of India, is expected to close in the coming quarters. It follows earlier reports in July 2025 that Schneider was in talks to acquire Temasek’s stake for approximately US$1 billion, which would have valued the joint venture at US$5 billion, including debt. The final transaction price of 5.5 billion euros reflects a significantly higher valuation, underscoring the venture’s growth and India’s rising importance in global markets.Temasek’s exit aligns with its broader investment strategy in India, where dealmaking activity is surging. Mergers and acquisitions in India reached US$31 billion in 2025, a 16 percent increase from the previous year, according to Bloomberg data. Temasek has been active in the region, recently investing US$1 billion in Indian snacks maker Haldiram and increasing its stake in Italian luxury group Ermenegildo Zegna to 10 percent. Chia Song Hwee, Temasek’s Deputy CEO, highlighted the success of the Schneider partnership, stating, “We have been privileged to journey alongside Schneider Electric India and look forward to seeing them grow as a leading franchise in India.”The sale reflects growing investor confidence in India’s economic potential, driven by its status as the world’s most populous nation and government initiatives promoting domestic manufacturing. Schneider Electric’s deepened commitment to India includes plans to manufacture 90 percent of its products locally and expand its research and development capabilities, further solidifying the country’s role in its global operations.The transaction marks a significant milestone for both companies, with Temasek securing a substantial return and Schneider Electric positioning itself to capitalize on India’s rapid economic growth and industrial transformation.Sources: The Business Times International, The Hindu BusinessLine, Business Standard, News18, NDTV ProfitJoin Startup Europe India Network - a verified platform connecting Indian and European business and product leaders to accelerate growth.

Indian Prime Minister Narendra Modi has signed a free trade deal with Prime Minister Sir Keir Starmer in a multi-billion pound export boost.The UK-India Free Trade Agreement (FTA), signed in mid-2025, is a major trade deal expected to significantly deepen economic ties between the two nations. After over three years of negotiations, the deal aims to boost bilateral trade by around £25.5 billion annually by 2040 and add roughly £4.8 billion each year to the UK’s GDP.Key elements include substantial tariff cuts:For UK exports to India, tariffs on most goods fall from about 15% to just 3%. This benefits sectors like alcoholic beverages (whisky tariffs drop immediately from 150% to 75%, then to 40% over 10 years), automotive (tariffs on cars drop from up to 110% to 10% under quotas starting with internal combustion engine vehicles and transitioning to electric and hybrids), cosmetics, medical devices, and advanced manufacturing.For Indian exports to the UK, 99% of goods will have duty-free access. This opens up markets for textiles, footwear, clothing, seafood, jewelry, electronics, and certain vehicles. The UK is eliminating or reducing tariffs significantly to enhance Indian competitiveness in the British market.Beyond goods, the deal breaks new ground in services and professional mobility:Mutual recognition of professional qualifications in fields like accountancy, law, and architecture makes it easier for individuals from both countries to work cross-border.Indian professionals working temporarily in the UK gain up to a three-year exemption from double National Insurance contributions if covered by India’s social security scheme (and similarly for UK employees temporarily in India), cutting costs for businesses and workers.UK firms get access to bid on Indian federal government contracts worth about £38 billion annually, especially in clean energy and infrastructure.Economically, the deal is predicted to create over 2,000 jobs in the UK and stimulate an additional £6 billion in investment, especially in technology and automotive sectors. It also locks in UK ownership caps for Indian insurance and banking firms up to 74%, ensuring fair treatment for British financial services companies in India.Some criticisms remain. The UK imports a higher share of Indian goods duty-free (99%) compared to UK goods entering India (about The UK-India Free Trade Agreement, signed in 2025, is a landmark deal expected to boost bilateral trade by £25.5 billion annually by 2040 and add about £4.8 billion per year to the UK economy.The agreement slashes tariffs dramatically:UK exports to India will see average tariffs drop from 15% to 3%. Whisky tariffs fall from 150% to 75% immediately, then to 40% over 10 years. Car tariffs reduce from up to 110% to 10% under quotas, covering internal combustion engines and transitioning to electric and hybrid vehicles. Other beneficiaries include cosmetics, medical technology, and advanced manufacturing.Indian exports to the UK enjoy duty-free access on 99% of goods, especially textiles, footwear, jewelry, electronics, clothing, seafood, and certain vehicles.Beyond goods, the deal opens new doors in services and mobility:Professional qualifications in sectors like law, architecture, and accountancy will be mutually recognized, making temporary work across borders easier.Indian workers in the UK get a three-year exemption from double National Insurance payments if covered by India’s social security, with a reciprocal arrangement for UK workers in India.UK firms can bid for Indian government contracts worth around £38 billion annually, notably in clean energy and infrastructure.Economically, the FTA is predicted to create more than 2,000 jobs in the UK and attract £6 billion in investments, especially in technology and automotive. It also locks in UK investments in Indian insurance and banking sectors up to 74%.Critics point out that while 99% of Indian goods enter the UK duty-free, only about 85% of UK goods will gain duty-free access in India. Also, the deal does not alter UK immigration policies, including visa rules beyond professional mobility and social security arrangements.The agreement still needs ratification by both countries and is expected to come fully into effect by 2026, allowing businesses and professionals time to prepare for new opportunities.Read more: https://www.bbc.co.uk/news/articles/c307ggj492voJoin the UK-EU-India Tech and Science Expansion Network www.startupeuropeindia.net

India and Slovenia have reaffirmed their commitment to deepening bilateral ties through the 10th round of Foreign Office Consultations (FOC) held in New Delhi. Co-chaired by Tanmaya Lal, Secretary (West) of India’s Ministry of External Affairs, and Marko Štucin, State Secretary of Slovenia’s Ministry of Foreign and European Affairs, the consultations underscored the robust partnership between the two nations, built on shared democratic values and mutual interests.The discussions covered a wide spectrum of bilateral cooperation, including trade, technology, defense, culture, and people-to-people exchanges. Both sides reviewed progress since the 9th FOC in Ljubljana in 2023, noting significant advancements in economic ties, with bilateral trade reaching €339.6 million in 2020 despite global challenges. Slovenia remains India’s second most important trading partner in Asia, with key imports including pharmaceuticals and chemicals, while Slovenia exports machinery and electrical equipment to India.A key highlight was the emphasis on science and innovation, with ongoing joint projects in health, biomedicine, renewable energy, and artificial intelligence. The consultations also explored new avenues for collaboration in digitalization, green energy, and smart cities, aligning with India’s ‘Viksit Bharat 2047’ vision and Slovenia’s focus on sustainable development.State Secretary Štucin’s meeting with External Affairs Minister Dr. S. Jaishankar further reinforced the strategic importance of India-Slovenia ties. Jaishankar highlighted the potential for enhanced cooperation in multilateral forums, including the United Nations, where Slovenia is a candidate for a non-permanent UN Security Council seat for 2024-2025. Both nations expressed a shared commitment to effective multilateralism and addressing global challenges such as climate change and regional stability.The consultations also touched on regional and global issues, including the Ukraine conflict, India’s G20 legacy, and UN Security Council reforms. The two sides agreed to strengthen coordination in international organizations, leveraging India’s growing global influence and Slovenia’s strategic position within the European Union.Cultural and educational exchanges were another focal point, with Slovenia offering 24 scholarships annually for Indian students pursuing bachelor’s and master’s degrees, and five for doctoral studies. The 2019 signing of multiple Memoranda of Understanding (MoUs), including cooperation in sports, culture, and standardization, continues to foster people-to-people connections.Economically, the Joint Committee on Trade and Economic Cooperation (JCTEC) has been instrumental in driving growth, with its 9th session held virtually in 2021. Both nations expressed optimism about further diversifying trade and investment, particularly in high-tech and green energy sectors.The FOC concluded with an agreement to hold the next round in Ljubljana at a mutually convenient date, signaling a sustained commitment to elevating bilateral ties. As India and Slovenia mark over three decades of diplomatic relations, established in 1992, this milestone consultation paves the way for a stronger, more resilient partnership in a rapidly evolving global landscape.Disclaimer: The views expressed in this article are based on publicly available information and do not constitute investment or policy advice.---Join SEINET – the Europe-India Tech & Science Corridor.Connect seamlessly with industry leaders, startups, and organizations driving innovation across borders. Sales, Partners and M&A on www.startupeuropeindia.net

New Delhi, May 6, 2025In a landmark achievement for India’s energy sector, the Panna-Mukta and Tapti (PMT) joint venture, comprising Shell (through BG Exploration & Production India Ltd, or BGEPIL), Reliance Industries Limited (RIL), and Oil and Natural Gas Corporation Limited (ONGC), has successfully completed the country’s first offshore facilities decommissioning project. The safe removal of mid and south Tapti field facilities in the Arabian Sea marks a pivotal moment in India’s energy transition, setting a global standard for safety, sustainability, and regulatory collaboration.The Tapti gas fields, located 160 km northwest of Mumbai in the offshore Mumbai basin, ceased production in March 2016. The decommissioning project involved the meticulous removal of five wellhead platforms, associated infield pipelines, and the safe plugging and abandonment of 38 wells, all executed in strict compliance with the approved decommissioning plan. The operation also included load-in at an onshore dismantling yard, currently underway at Chowgule Shipyard’s facilities in Ratnagiri, reinforcing India’s domestic capabilities in energy infrastructure.The PMT joint venture, operating under a production-sharing contract with the Government of India, consists of ONGC with a 40% participating interest, and RIL and BGEPIL-Shell each holding 30%. This milestone project, initiated in 2017, underscores the power of multi-stakeholder collaboration, involving key regulatory bodies such as the Union Ministry of Petroleum and Natural Gas (MoPNG), the Directorate General of Hydrocarbons (DGH), and the Oil Industry Safety Directorate (OISD). The initiative has played a pioneering role in shaping India’s regulatory and operational framework for offshore decommissioning, blending global best practices with local conditions.“This project sets a new benchmark for responsible decommissioning,” said Nipun Pradhan, Managing Director of BGEPIL and General Manager of Shell Upstream India. “It reflects global expertise, strong collaboration, and an unwavering commitment to safety and sustainability. Shell is proud to be part of this historic journey alongside our partners Reliance, ONGC, and the Government of India.”Sanjay Barman Roy, President of Exploration & Production at RIL, emphasized the project’s alignment with national priorities. “The safe and responsible decommissioning by the PMT JV marks a significant step forward for India’s energy sector. From the outset, we worked tirelessly to strengthen local supply chains and enhance the technical and safety capabilities of Indian contractors, delivering on the government’s ambition of ‘Make and Break in India’,” he said.Pankaj Kumar, Director (Production) at ONGC, highlighted the project’s complexity, particularly its proximity to ONGC’s live assets. “This first-of-its-kind large-scale offshore decommissioning underscores ONGC’s commitment to responsible energy practices. It demanded strategic planning, precise execution, and an utmost focus on safety, marking a defining moment in India’s energy landscape,” he noted.The project awarded major contracts to Indian firms, with Larsen & Toubro (L&T) handling offshore execution and Chowgule Shipyard managing onshore dismantling. This alignment with the ‘Make in India’ vision has bolstered local technical expertise and supply chains, positioning India as a growing player in the global decommissioning market.Globally, offshore decommissioning is a complex endeavor, navigating evolving regulations, developing contractor ecosystems, and fluctuating market dynamics. The Tapti project’s success demonstrates what can be achieved through coordinated efforts, serving as a model for environmental responsibility and efficiency in India’s energy transition journey. Analysts see this as a catalyst for future decommissioning projects, potentially attracting investment and expertise to India’s offshore energy sector.The completion of the Tapti decommissioning has also drawn attention from market watchers, with shares of RIL and ONGC gaining focus following the announcement. The project’s emphasis on sustainability and regulatory compliance could enhance the companies’ reputations among environmentally conscious investors, potentially impacting their market performance positively.As India continues to balance energy security with environmental stewardship, the Tapti decommissioning project stands as a testament to the country’s ability to innovate and lead in the global energy landscape. With a robust framework now in place, the stage is set for more such initiatives, paving the way for a sustainable and responsible energy future.Disclaimer: The views expressed in this article are based on publicly available information and do not constitute investment advice.---Join SEINET – the Europe-India Tech & Science Corridor.Connect seamlessly with industry leaders, startups, and organizations driving innovation across borders. Sales, Partners and M&A on www.startupeuropeindia.net

After three years of intense negotiations, India and the United Kingdom have signed a landmark free trade agreement (FTA), marking the most significant post-Brexit trade deal for the UK and a pivotal moment in India’s global economic strategy. As the world’s fifth and sixth largest economies, this partnership is poised to reshape bilateral trade, boost economic growth, and deliver tangible benefits for businesses and consumers alike. With global trade tensions rising—exacerbated by recent U.S. tariff hikes—this deal is a timely step toward stability and opportunity.A Deal Packed with PromiseThe India-UK FTA is projected to increase bilateral trade by £25.5 billion ($34 billion) by 2040, building on the £42.6 billion in trade recorded in 2024. The UK government estimates the agreement will add £4.8 billion to its GDP annually and boost wages by £2.2 billion in the long term. For India, the deal opens doors to new markets and supports its ambition to double goods trade with the UK over the next decade.Key Highlights of the AgreementMajor Tariff Reductions: India will slash tariffs on 90% of UK imports, with 85% becoming duty-free within a decade. Notably, tariffs on iconic British exports like whisky and gin will drop from 150% to 75% immediately, then to 40% by year ten, delighting Indian consumers and boosting the Scotch whisky industry.Automotive Market Access: Tariffs on UK cars, previously exceeding 100%, will fall to 10% under a quota system, giving British carmakers a foothold in India’s massive market.Wider Product Coverage: From medical devices and advanced machinery to lamb, salmon, chocolates, and biscuits, UK exports will face lower barriers. Indian goods, including textiles, apparel, and marine products, will enjoy easier access to UK markets.Streamlined Trade: Both nations have agreed to quotas on auto imports and simplified customs procedures, ensuring faster and more predictable trade for businesses.Beyond Goods: Services and MobilityThe FTA goes beyond physical goods, fostering collaboration in services and professional mobility. Both countries will make it easier for IT and healthcare professionals to work across borders, strengthening ties in high-skill sectors. A groundbreaking Double Contribution Convention will exempt Indian professionals temporarily working in the UK from paying into both nations’ social security systems, reducing costs and bureaucratic hurdles.Why This Deal Matters NowThe timing of the FTA is critical. With global trade facing uncertainty due to U.S. tariff hikes, both India and the UK are seizing the opportunity to diversify their economic partnerships. For the UK, this deal underscores the post-Brexit vision of forging bold new trade ties outside the EU. For India, it signals a willingness to liberalize its markets and deepen connections with Western economies, reinforcing its role as a global economic powerhouse.For BusinessesUK Exporters: Sectors like whisky, automotive, and medical devices will find India’s 1.4 billion-strong market more accessible. Small and medium-sized enterprises (SMEs) will benefit from simplified customs and digital trade provisions, leveling the playing field.Indian Exporters: Textiles, footwear, and agricultural products will gain a competitive edge in the UK, driving job creation and economic growth in India.For ConsumersIn India: Expect more affordable Scotch, chocolates, biscuits, and other British goods, alongside greater product variety.In the UK: Indian textiles, apparel, and marine products will become more accessible, offering consumers more choices at competitive prices.Actionable Steps for BusinessesTo capitalize on the FTA, businesses should act swiftly:UK Exporters: Review the new tariff schedules and prioritize marketing campaigns in India, particularly for food, beverages, and automotive products. Explore partnerships with local distributors to navigate India’s complex market.Indian Companies: Identify opportunities in the UK where tariffs are dropping, such as textiles and agriculture. Invest in branding to appeal to UK consumers.Stay Informed: Monitor updates on customs procedures and digital trade rules, as streamlined processes could significantly reduce costs and delivery times.The India-UK FTA is more than a trade agreement—it’s a foundation for deeper economic, strategic, and cultural ties. By aligning two dynamic economies, the deal sets a precedent for future global trade pacts in an era of uncertainty. For businesses, it unlocks new markets and opportunities for growth. For consumers, it promises greater choice and affordability. As India and the UK embark on this transformative partnership, the world will be watching to see how this deal shapes the future of global trade.---Join SEINET – the Europe-India Tech & Science Corridor.Connect seamlessly with industry leaders, startups, and organizations driving innovation across borders. Sales, Partners and M&A on www.startupeuropeindia.net

Tamil Nadu has made a decisive move in India’s race to become a global electronics manufacturing hub, launching a first-of-its-kind Electronics Components Manufacturing Scheme (ECMS) aimed at drawing Rs 30,000 crore ($3.6 billion) in investments and creating 60,000 jobs over the next five years.A Strategic Push for Electronics LeadershipAnnounced by Chief Minister M K Stalin, the scheme positions Tamil Nadu as the first Indian state to introduce a dedicated policy for electronics components manufacturing. The state government is seeking to build on its recent success as India’s top electronics exporter, with shipments reaching $14.65 billion in FY25-accounting for over 41% of the country’s total.The ECMS is designed to complement the central government’s electronics manufacturing initiatives, which have a budget outlay of Rs 22,919 crore ($2.75 billion) over six years. Tamil Nadu’s matching subsidies and incentives are expected to give the state a competitive edge in attracting both domestic and global manufacturers.Incentives and CoverageThe scheme offers three incentive formats: turnover-linked grants, capital expenditure-linked benefits, and a hybrid model. It targets 11 high-growth electronics component categories, including lithium-ion cells, advanced printed circuit boards, camera and display modules, and non-SMD passive components.Investment thresholds start at Rs 50 crore ($6 million) for basic components and go up to Rs 250 crore ($30 million) for complex sub-assemblies. High-end printed circuit boards are eligible for incentives of up to 10% in the first year, with a gradual reduction in subsequent years. For capital goods and their components, a separate 25% incentive is available for investments above Rs 10 crore ($1.2 million).Building an Integrated EcosystemBeyond financial incentives, the state has earmarked land near major industrial hubs to foster a robust supplier ecosystem. Outreach efforts are underway to attract global electronics component manufacturers, signaling Tamil Nadu’s intent to move beyond final assembly and develop a fully integrated manufacturing value chain.Industry Impact and OutlookTamil Nadu’s ambitious scheme is expected to accelerate the state’s electronics exports, with government projections suggesting a rise to $50 billion within the next three to four years. The move also aligns with the Tamil Nadu Semiconductor and Advanced Electronics Policy 2024, reinforcing the state’s commitment to high-value manufacturing and job creation.As the initiative rolls out, industry observers will be watching closely to see how it influences investment patterns, supply chain development, and the broader electronics manufacturing landscape in India. With this bold policy, Tamil Nadu is not only strengthening its position within the country but also aiming to make its mark on the global electronics stage.---Join SEINET – the Europe-India Tech & Science Corridor.Connect seamlessly with industry leaders, startups, and organizations driving innovation across borders. Sales, Partners and M&A on www.startupeuropeindia.net

India’s diamond industry, the world’s largest by volume, is facing one of its toughest challenges yet after the United States imposed new tariffs on polished diamond imports. This move, part of a broader escalation in global trade tensions, is sending shockwaves through the city of Surat, where most of the world’s diamonds are cut and polished.The U.S. is the single largest market for Indian diamonds, accounting for nearly half of all exports. With the new tariffs in place, Indian stones are suddenly more expensive for American buyers, prompting jewelry retailers to reconsider their supply chains and causing anxiety among exporters in India.For workers in Surat, the impact is immediate. Many small workshops, already grappling with thin margins and fluctuating demand, are seeing orders cancelled or postponed. Factory owners are cutting shifts, and thousands of workers face the prospect of layoffs. For families who depend on this industry, the uncertainty is palpable.Industry leaders warn that the ripple effects could extend beyond India. Higher prices for American consumers may dampen demand for diamond jewelry, especially in a market already sensitive to economic headwinds. U.S. retailers, caught between rising costs and cautious shoppers, may look to alternative sources or push for lower prices, squeezing margins throughout the supply chain.The tariffs also threaten to disrupt the delicate balance of global trade. India’s diamond sector is a major employer and a significant source of foreign exchange. Prolonged disruption could prompt Indian exporters to accelerate efforts to diversify away from the U.S. market, seeking new buyers in Europe, the Middle East, and beyond. However, building new relationships and adapting to different consumer preferences will take time.For now, the industry is in wait-and-see mode. Exporters are lobbying for government support and exploring ways to add value, such as offering certified stones or unique cuts, to justify higher prices. Some are investing in technology to improve efficiency and reduce costs, hoping to weather the storm.The broader lesson is clear: in an era of rising protectionism, even industries with deep global roots are vulnerable. The fate of India’s diamond workers is a stark reminder that trade policy decisions made in Washington can have profound consequences in distant corners of the world. As the industry adapts, resilience and innovation will be crucial for survival.---Join SEINET – the Europe-India Tech & Science Corridor.Connect seamlessly with industry leaders, startups, and organizations driving innovation across borders. Sales, Partners and M&A on www.startupeuropeindia.net

A new investment treaty between the United Kingdom and India is set to make headlines with a provision that will allow companies from either country to sue the other’s government if they believe policy changes have unfairly harmed their investments or profits. This move, confirmed by two sources familiar with the negotiations, marks a significant shift in the approach both nations have taken toward investor protections in recent years.Investor-State Dispute Settlement (ISDS) Back in FocusAt the heart of the treaty is the Investor-State Dispute Settlement (ISDS) mechanism. ISDS allows corporations to take legal action against governments if they feel domestic policy changes have negatively impacted their business interests. The mechanism is designed to protect companies from what they see as unfair treatment under local laws. The treaty, expected to be finalized alongside a broader free trade agreement, signals a willingness by both countries to provide greater legal certainty for foreign investors.This is a notable development given that, since leaving the European Union, the UK has avoided including ISDS in any of its bilateral free trade agreements, although it remains a feature of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which the UK has joined. India, for its part, has also moved to restrict the use of ISDS in its treaties, especially after terminating a previous bilateral investment treaty with the UK in 2017. India’s newer model only allows ISDS claims after all domestic legal options have been exhausted.Why Now? Business Confidence and Political ShiftsAccording to one source, the UK pushed for the inclusion of ISDS in the new deal, reflecting British businesses’ desire for stronger assurances that they will be treated fairly under the Indian legal system. The Indian government has not commented publicly on the ongoing talks. A spokesperson for Britain’s trade ministry declined to discuss the specifics but stressed that any agreement must guarantee fair treatment for businesses.The Labour Party, which returned to power in the UK last year, has been eager to present itself as pro-business and to restart trade talks that had stalled under previous administrations. “We are committed to enhancing access for UK businesses, guaranteeing their fair treatment, reducing tariffs, and simplifying trade,” a UK trade ministry spokesperson said.Track Record and ControversyBritain has never lost an ISDS case, but UN data shows that of the 30 ISDS claims brought against India since 2003, eight were initiated by UK-based companies under a previous agreement. The ISDS mechanism has not been without controversy. Critics, including the UK’s former Conservative government, have warned that ISDS can hinder efforts to address climate change, as fossil fuel companies have used it to protect their assets from new environmental policies.What’s Next? Final Talks and Remaining HurdlesNegotiations between the UK and India have been ongoing, on and off, since January 2022. The Indian Commerce Minister Piyush Goyal was in London earlier this week for advanced discussions and returned on Friday for further talks. Key sticking points remain, including tariffs on whisky, automobiles, and agricultural products, as well as regulatory issues in the pharmaceutical sector.India’s previous opposition to ISDS led to the scrapping of the earlier bilateral investment treaty with the UK in 2017. The new agreement appears to be a compromise, balancing investor protections with domestic legal safeguards.For businesses and investors, the inclusion of ISDS is a clear signal that both governments are seeking to create a more predictable and secure environment for cross-border investment. As one UK official put it, the aim is to “improve access for UK businesses, ensure their fair treatment, cut tariffs, and make trade cheaper and easier”.---Join SEINET – the Europe-India Tech & Science Corridor.Connect seamlessly with industry leaders, startups, and organizations driving innovation across borders. Sales, Partners and M&A on www.startupeuropeindia.net

India’s technology sector, long a global powerhouse for IT services and software development, is undergoing a seismic shift as artificial intelligence (AI) reshapes the industry. With a workforce of over 5 million tech professionals and a burgeoning startup ecosystem, the country is rapidly adapting to the AI era, balancing challenges with immense opportunities.A Workforce in TransitionThe rise of AI is transforming job roles across India’s tech landscape. Traditional tasks like coding and data analysis are increasingly augmented by AI tools, pushing professionals to upskill in areas like machine learning, natural language processing, and AI ethics. Companies such as Tata Consultancy Services (TCS) and Infosys are investing heavily in reskilling programs, training thousands of employees to work alongside AI systems. For instance, TCS’s AI-focused training initiatives aim to prepare its workforce for “human-AI collaboration,” ensuring employees remain relevant in an automated world.This shift isn’t limited to large corporations. India’s startup ecosystem, with over 1,200 AI-driven startups, is fostering a culture of innovation. Entrepreneurs and developers are leveraging AI to solve local challenges, from improving agricultural yields to enhancing healthcare diagnostics. This entrepreneurial spirit is supported by government initiatives like the National AI Strategy, which promotes AI adoption and skill development.Education and Skill DevelopmentIndia’s education system is also adapting to meet AI-driven demands. Universities and online platforms are introducing specialized AI and data science courses, with institutions like the Indian Institute of Technology (IIT) and Indian Institute of Science (IISc) leading the charge. Meanwhile, edtech platforms like UpGrad and Coursera report a surge in enrollments for AI-related certifications, reflecting a growing appetite among young professionals to master these skills.However, challenges remain. The pace of AI adoption outstrips the supply of highly skilled talent, creating a gap between industry needs and available expertise. Rural areas, in particular, face barriers to accessing quality education and internet connectivity, limiting participation in the AI economy. Addressing these disparities is critical to ensuring inclusive growth.Economic and Global ImpactIndia’s AI adaptation is poised to bolster its $250 billion IT industry. By integrating AI, companies are improving efficiency, reducing costs, and delivering innovative solutions to global clients. For example, Indian firms are developing AI-powered tools for industries like finance, retail, and manufacturing, positioning the country as a leader in AI outsourcing.Globally, India’s tech talent is gaining recognition for its ability to deliver scalable AI solutions. Multinational corporations, including Google and Microsoft, are expanding their AI research hubs in India, drawn by the country’s vast talent pool and cost advantages. This trend underscores India’s growing influence in shaping the global AI landscape.Despite the optimism, the AI era brings challenges. Job displacement fears loom large, particularly for roles involving repetitive tasks. Industry leaders emphasize the need for proactive reskilling to mitigate these risks. Additionally, ethical concerns around AI, such as data privacy and algorithmic bias, are prompting discussions on responsible AI development. Indian policymakers and companies are beginning to prioritize frameworks for ethical AI, aligning with global standards.India’s tech talent is at a pivotal moment, embracing AI as both a challenge and an opportunity. With robust investments in education, government support, and a dynamic startup ecosystem, the country is well-positioned to thrive in the AI era. As one industry expert noted, “India’s ability to adapt and innovate will determine its place in the global AI race.” By fostering collaboration between industry, academia, and government, India is not just keeping pace with the AI revolution—it’s helping shape its future.---Join the Premier Europe-India Network for Technology and Science Leaders and Organizations Across Europe, the UK, and IndiaRegister free www.startupeuropeindia.net

Google’s artificial intelligence lab, is on a mission to push the boundaries of AI, aiming for systems that rival and even surpass human intelligence. Here’s a straightforward look at the key points from Demis Hassabis and the DeepMind team’s vision for the future, especially in tackling disease and transforming everyday life.AI Progress Is AcceleratingDeepMind’s CEO, Demis Hassabis, describes AI’s progress as “exponential.” With more resources and talent than ever before, breakthroughs are happening rapidly. The lab is moving toward Artificial General Intelligence (AGI)—AI that can learn and reason across any domain, much like a human.AI That Sees, Hears, and UnderstandsDeepMind’s Project Astra is a new kind of AI assistant that doesn’t just process text, but can also see, hear, and interpret the world around it. Imagine a chatbot that can look at a piece of art, sense emotions, or create stories from images. This leap in understanding brings AI closer to real-world usefulness.Transforming Disease Research and HealthcareOne of DeepMind’s boldest goals is to help cure or even eliminate all diseases within the next decade. Here’s how they’re working toward that:AlphaFold, DeepMind’s breakthrough model, has mapped over 200 million protein structures—work that would have taken humans centuries. Knowing how proteins fold is crucial for understanding diseases and designing targeted drugs.The new AlphaFold 3 can predict how drugs interact with proteins, potentially speeding up drug discovery from years to just months or weeks.Tools like AlphaMissense can predict which genetic mutations are likely to cause disease, helping doctors diagnose rare conditions faster.DeepMind’s AI can detect life-threatening illnesses, such as acute kidney injury, up to 48 hours earlier than traditional methods, allowing for quicker intervention and better patient outcomes.The team is also building AI systems that analyze medical scans and personal health data, aiming to make healthcare more personalized and accessible everywhere.Learning, Imagination, and the UnknownDeepMind’s AI systems learn from massive datasets, sometimes developing abilities their creators didn’t expect. While these systems can solve problems and even generate creative solutions, they still lack true curiosity and imagination—the ability to ask new questions or come up with original hypotheses. Hassabis believes that within a decade, AI will be able to propose and solve new scientific problems on its own.Robotics and Everyday ImpactDeepMind is making strides in robotics, teaching machines to reason and follow complex instructions. In the near future, robots could perform genuinely useful tasks in homes and workplaces, driven by the same AI breakthroughs powering their software.Risks, Safety, and EthicsWith great power comes great responsibility. Hassabis is clear-eyed about the risks:AI could be misused by bad actors.As AI systems become more autonomous, controlling them could become harder.DeepMind stresses the need for international cooperation, strong safety measures, and ethical guardrails to ensure AI benefits everyone. They’re also exploring how to teach AI systems values and morality, much like how children learn from adults.A Future of Radical AbundanceLooking ahead, Hassabis envisions a world where AI leads to “radical abundance”—ending scarcity and transforming society. He believes new philosophers will be needed to help humanity navigate these changes, as AI reshapes not just science and health, but the very fabric of daily life.DeepMind is at the forefront of a technological revolution. Their work could dramatically speed up scientific discovery, cure diseases, and change how we live and work. But realizing this potential will require careful oversight, ethical thinking, and a commitment to making sure these advances help everyone.---Join the Premier Europe-India Network for Tech and Science LeadersConnect with industry and product leaders from Europe and India through the Startup Europe India Network (SEINET). This invite-only platform is designed for decision-makers in science, technology, and innovation to drive partnerships, expand markets, and foster mergers and acquisitions.Register now www.startupeuropeindia.net

If you’ve been following tech news, you’ve probably heard that Elon Musk is finally planning a trip to India later this year. After a phone chat with Prime Minister Narendra Modi, Musk confirmed his visit and hinted at some big moves for both Tesla and Starlink in the country. Here’s a look at what’s brewing and why it matters.Tesla’s Next Stop: IndiaTesla has been flirting with the idea of entering India for a while now, and it looks like things are about to get real. The company is gearing up to launch its cars soon, starting with imports and then moving toward local manufacturing. There’s even talk of an all-new budget-friendly Tesla model designed specifically for Indian roads.Why is this a big deal? For starters, India is a huge market with a growing appetite for electric vehicles. Tesla’s entry could shake up the local auto industry, push other carmakers to up their game, and give Indian consumers more choices. Plus, with the government’s focus on clean energy, Tesla’s arrival feels like perfect timing.Starlink: Fast Internet for Everyone?But Musk isn’t stopping at cars. His satellite internet venture, Starlink, is also eyeing India. The company has been in talks with government officials and is working through the final stages of getting the green light to operate. If all goes well, Starlink could soon beam high-speed internet to even the most remote corners of the country.Imagine students in rural areas streaming online classes without buffering, or small businesses in villages getting access to the digital economy. That’s the kind of impact Starlink is promising. The company has already teamed up with big names like Reliance Jio and Airtel to bring its services to India, so things are moving fast.Of course, there are a few hurdles. The Indian government wants Starlink to set up a command center in the country so it can control or suspend services in sensitive areas if needed. There are also security and data rules that Starlink needs to follow. But with high-level meetings happening and both sides eager to make it work, these challenges seem surmountable.If you’re a car enthusiast, keep an eye out for Tesla showrooms popping up in cities like Delhi and Mumbai. If you’re in a remote area struggling with slow internet, Starlink might soon offer you a new option. And if you’re just curious about how global tech giants are shaping India’s future, this is a story worth following.In short, Elon Musk’s visit isn’t just about business deals—it’s about new possibilities for millions of Indians. Whether it’s cleaner cars or better internet, big changes could be just around the corner.---Join the Premier Europe-India Network for Tech and Science LeadersConnect with industry and product leaders from Europe and India through the Startup Europe India Network (SEINET). This invite-only platform is designed for decision-makers in science, technology, and innovation to drive partnerships, expand markets, and foster mergers and acquisitions.Register now www.startupeuropeindia.net

Tamil Nadu has taken a bold leap into the future with the approval of its Space Industrial Policy 2025. The state cabinet, led by Chief Minister MK Stalin, cleared the policy with the vision of transforming Tamil Nadu into a powerhouse for space innovation, advanced manufacturing, and technology-driven employment.The policy is built on three main pillars:Attracting ₹10,000 crore in investments to the state’s burgeoning space sectorCreating at least 10,000 high-value jobs for skilled youthDeveloping a workforce ready for the future of space technologies and servicesThis approach goes beyond just rocket launches and satellite building. The policy is designed to foster a complete space ecosystem within the state, covering everything from payload manufacturing and launchpads to downstream analytics and data services.Opportunities for All: Startups, MSMEs, and Industry GiantsTamil Nadu’s policy is especially friendly to startups and MSMEs, offering them a seat at the table alongside established industry leaders. Even small companies with investments as low as ₹25 crore can participate and thrive. The government is introducing special incentive packages, including:Capital subsidies up to 20% for eligible manufacturing and service companiesA 50% subsidy on expenses for patent registration and intellectual property filingsWage subsidies for firms investing in the state’s new Space Bays (dedicated industrial zones for space businesses)Special packages for projects exceeding ₹300 crore investmentThese Space Bays will be set up across Madurai, Thoothukudi, Tirunelveli, and Virudhunagar, strategically leveraging the upcoming ISRO launchpad at Kulasekarapattinam. This new spaceport is expected to focus on small satellite launches—a rapidly growing market segment worldwide.Building a Talent PipelineRecognizing that technology is only as strong as the people behind it, the policy emphasizes skill development and workforce readiness. The government plans to establish:Facilities for satellite testing and qualification in ChennaiIncubation centers and labs for space-tech startupsA Space Tech Fund with an initial allocation of ₹10 crore to support early-stage venturesThese initiatives are designed to ensure that Tamil Nadu’s youth are equipped with the skills needed for tomorrow’s space economy.Why Now? The Timing and VisionTamil Nadu’s move comes at a time when India is opening up its space sector to private players, following the Indian Space Policy 2023. The state is leveraging its strengths in heavy engineering, precision manufacturing, and electronics, as well as its proximity to ISRO facilities and a growing cluster of space-tech startups.By drawing inspiration from global leaders like Florida’s Space Coast and aligning with national policy, Tamil Nadu aims to become a major destination for space-tech businesses and innovation.Action Steps for Entrepreneurs and InvestorsIf you’re a startup founder, MSME owner, or an investor in the space sector, here’s how you can tap into Tamil Nadu’s new opportunities:Explore eligibility for incentives and subsidies under the policyConsider setting up operations in one of the upcoming Space BaysTake advantage of the Space Tech Fund and incubation facilities in ChennaiCollaborate with local academic and research institutions to access talent and R&D supportA New Era for Tamil NaduWith the Space Industrial Policy 2025, Tamil Nadu is not just reaching for the stars—it’s building the launchpad for a new era of economic growth, innovation, and global leadership in the space sector. For anyone passionate about space technology, now is the time to look south and consider Tamil Nadu as your next big destination.---Join the Premier Europe-India Network for Tech and Science LeadersConnect with industry and product leaders from Europe and India through the Startup Europe India Network (SEINET). This invite-only platform is designed for decision-makers in science, technology, and innovation to drive partnerships, expand markets, and foster mergers and acquisitions.Register now www.startupeuropeindia.net

Tamil Nadu has emerged as India’s fastest-growing state, achieving an impressive real growth rate of 9.69% in 2024-25. With a GDP of ₹17.23 lakh crore, the state has set a benchmark for economic development, driven by its robust manufacturing sector, thriving startup ecosystem, and innovative agricultural practices. This article explores Tamil Nadu’s growth story, compares it with Karnataka and Andhra Pradesh, and highlights the organizations and strategies fueling its success.Tamil Nadu’s Economic PerformanceTamil Nadu’s growth rate of 9.69% in 2024-25 is the highest among Indian states and marks its best performance in a decade. The state’s GDP grew from ₹15.71 lakh crore in the previous fiscal year to ₹17.23 lakh crore, showcasing its economic resilience. Tamil Nadu also boasts a per capita income of ₹2.78 lakh, which is 1.6 times the national average.Manufacturing: The Backbone of Tamil Nadu’s EconomyTamil Nadu has cemented its position as an industrial powerhouse, contributing over 12% to India’s industrial GDP. 1. Automobile Industry: • Known as the “Detroit of India,” Tamil Nadu hosts over 1,500 automobile factories producing vehicles and components for global markets. • Companies like Hyundai, Ford, and TVS Motors have established major production facilities in the state. 2. Textile Industry: • Textile hubs such as Tirupur and Karur are globally recognized for their high-quality exports. • Investments in automation and modern machinery have boosted productivity and reduced costs. 3. Recent Initiatives: • Semiconductor parks in Coimbatore and Palladam aim to position Tamil Nadu as a leader in high-tech manufacturing. • Industrial corridors like the Chennai-Bangalore Industrial Corridor enhance connectivity and trade opportunities.Startups: A Thriving EcosystemTamil Nadu’s startup ecosystem is rapidly growing, supported by progressive policies and infrastructure. 1. Government Support: • The Tamil Nadu Startup and Innovation Policy aims to create 5,000 startups by 2025 through seed funding, incubation centers, and tax incentives. • Initiatives like the Tamil Nadu Startup Seed Fund (₹20 crore) encourage innovation in emerging areas like AI, robotics, agritech, and spacetech. 2. Infrastructure Development: • Tech hubs such as TIDEL Park provide essential resources for entrepreneurs. • Single-window clearances streamline regulatory processes for new ventures. 3. Success Stories: • Agritech startups are leveraging AI-driven tools to modernize farming practices. • Fintech companies are innovating solutions to improve financial inclusion across rural areas.Agriculture: Sustaining Rural EconomiesAgriculture contributes 10% to Tamil Nadu’s economy despite challenges such as groundwater depletion and monsoon dependency. 1. Crop Diversification: • Programs like the Millet Mission promote sustainable alternatives to water-intensive crops. • Oilseed cultivation under the Oil Seed Mission is being expanded with an allocation of ₹108 crore. 2. Technological Modernization: • Precision farming techniques are improving yields while reducing resource usage. • Satellite-based crop monitoring systems help farmers make data-driven decisions. 3. Horticulture Expansion: • Horticultural crops now cover 16.3 lakh hectares, making them a key driver of agricultural growth.Comparison with Karnataka and Andhra PradeshWhile Tamil Nadu leads with a growth rate of 9.69%, Karnataka and Andhra Pradesh have also demonstrated strong economic performance: 1. Karnataka: • With a GDP of ₹16.5 lakh crore and a growth rate of ~8%, Karnataka excels in IT services and startups. • Bengaluru serves as India’s startup capital with over 15,000 startups and 40 unicorns. • The state focuses on high-tech manufacturing sectors like aerospace and semiconductors. 2. Andhra Pradesh: • Andhra Pradesh recorded a growth rate of 8.21% with a GDP of ₹8.65 lakh crore. • Agriculture remains its cornerstone, supported by smart irrigation systems and aquaculture exports. • Coastal cities like Visakhapatnam are emerging as IT hubs under its IT & GCC Policy (4.0).Key Organizations Driving Tamil Nadu’s GrowthSeveral organizations play a pivotal role in fueling Tamil Nadu’s economic success: 1. State Industries Promotion Corporation of Tamil Nadu (SIPCOT): Develops industrial parks across the state. 2. Tamil Nadu Industrial Development Corporation (TIDCO): Focuses on aerospace and defense projects. 3. Tamil Nadu Startup Seed Fund: Provides financial support to early-stage startups. 4. Federation of Indian Chambers of Commerce & Industry (FICCI): Collaborates on policy recommendations to attract investments.Challenges AheadDespite its impressive growth, Tamil Nadu faces challenges that need attention: 1. Climate Resilience: Agriculture must adapt to climate change through innovative solutions like precision farming. 2. Infrastructure Gaps: Expanding rural connectivity remains critical for inclusive development. 3. Workforce Development: Skilling workers for emerging industries such as AI, semiconductors, and renewable energy is essential to sustain growth.Tamil Nadu’s remarkable growth rate of 9.69% reflects its balanced approach across manufacturing, startups, and agriculture. By fostering innovation, modernizing infrastructure, and supporting inclusive policies, the state has set an example for others to follow. With sustained efforts to address challenges and leverage opportunities, Tamil Nadu is well-positioned to achieve its ambitious target of becoming a $1 trillion economy by 2030 while maintaining its leadership across diverse sectors.-----Join the Premier Europe-India Network for Tech and Science LeadersDiscover opportunities to connect with industry and product leaders from Europe and India through the Startup Europe India Network (SEINET). This invite-only platform is designed for decision-makers in science, technology, and innovation to drive partnerships, expand markets, and foster mergers and acquisitions.Register now www.startupeuropeindia.net

Elon Musk's Starlink, the satellite internet service from SpaceX, is making significant strides in India, partnering with telecom giants Reliance Jio and Bharti Airtel. These collaborations aim to bridge the digital divide in a country where over 654 million people still lack internet access. Here's what you need to know about this transformative development.Why Starlink Matters for IndiaIndia is the second-largest internet market globally, yet millions remain unconnected, particularly in rural and underserved areas. Traditional broadband solutions like fiber or DSL often struggle to reach these regions due to infrastructure challenges. Starlink's satellite-based internet can overcome these barriers by delivering high-speed connectivity via its constellation of low-Earth orbit satellites.With speeds ranging from 50 Mbps to 200 Mbps globally, Starlink promises reliable internet access even in the most remote corners of India. This technology could play a pivotal role in narrowing the digital divide while complementing existing fiber and mobile networks.Partnerships with Jio and AirtelReliance Jio and Bharti Airtel have signed agreements with SpaceX to distribute Starlink equipment and services across their vast networks. Both companies plan to sell Starlink solutions through retail outlets and online platforms, providing installation support to customers. These partnerships are expected to integrate satellite internet into their existing broadband ecosystems, enhancing connectivity for businesses, schools, health centers, and rural communities.For Jio, this collaboration aligns with its commitment to ensuring affordable high-speed broadband nationwide. Similarly, Airtel sees Starlink as a way to expand its reach and complement its current offerings like Eutelsat OneWeb.Regulatory Challenges and OpportunitiesWhile the partnerships are promising, they remain subject to regulatory approvals from Indian authorities like the Telecom Regulatory Authority of India (TRAI). Data security concerns and geopolitical issues have been flagged by opposition parties, citing Starlink's controversial actions in Ukraine. However, industry experts anticipate smooth regulatory clearances due to the stature of Jio and Airtel.Once approved, Starlink could quickly scale its operations in India by leveraging the infrastructure and distribution networks of its telecom partners. The company plans to set up gateways in Mumbai, Pune, and Indore to support its services.Pricing and Market ImpactStarlink's pricing will be a critical factor in its success. Globally, its plans range from $10 to $500 per month with hardware costs between $250 and $380. In India’s price-sensitive market, where mobile data costs are among the lowest worldwide, this could pose a challenge. However, partnerships with Jio and Airtel may help reduce costs for consumers.|Despite higher prices compared to traditional broadband options, Starlink is expected to serve niche markets like rural areas where other technologies are unreliable. Analysts believe that rather than competing directly with fiber-based broadband or 5G services, Starlink will complement these networks by filling coverage gaps.Future ProspectsStarlink’s entry into India is not just about connectivity—it’s a strategic move that could reshape the satellite internet sector globally. With plans to expand its satellite fleet from 7,000 to 42,000 by 2030 and introduce third-generation satellites offering up to 1 Tbps capacity per satellite, Starlink is poised for exponential growth.India represents a lucrative market for SpaceX, potentially adding millions of subscribers by 2030. Success here could pave the way for expansion into other emerging economies while boosting global space ambitions.In conclusion, Starlink’s partnerships with Jio and Airtel mark a transformative step toward universal connectivity in India. By leveraging satellite technology alongside traditional broadband solutions, this collaboration has the potential to redefine internet access for millions across the country.-----Join the Premier Europe-India Network for Tech and Science LeadersDiscover opportunities to connect with industry and product leaders from Europe and India through the Startup Europe India Network (SEINET). This invite-only platform is designed for decision-makers in science, technology, and innovation to drive partnerships, expand markets, and foster mergers and acquisitions.Register now www.startupeuropeindia.net

India has taken a significant step forward in its journey to become a global electronics manufacturing hub with the approval of a $2.7 billion Production Linked Incentive (PLI) scheme aimed at bolstering local production of electronic components. This initiative, announced on March 28, 2025, by Information Minister Ashwini Vaishnaw, is expected to attract $7 billion in investments over six years, create nearly 92,000 direct jobs, and strengthen the country's position in global supply chains.A Strategic Shift in ManufacturingThe scheme is designed to reduce India's reliance on imported components while deepening domestic value addition. Historically, India has excelled in assembling electronics like smartphones but has lagged in producing core components locally. The new PLI scheme targets critical sub-assemblies such as display and camera modules, printed circuit boards (PCBs), lithium-ion battery cells, and enclosures for electronics hardware. These components are essential for industries ranging from telecommunications and automotive to consumer electronics and energy.Ashwini Vaishnaw emphasized the importance of this shift, stating that India aims to double its current value addition in electronics manufacturing within the next five years. He noted that active components would be developed under the Indian Semiconductor Mission, while passive components would be addressed through this new scheme.Industry Response and InvestmentsLeading Indian electronics manufacturers like Dixon Technologies, Optiemus Electronics, and Bhagwati Products Limited are gearing up to capitalize on this opportunity. Dixon has already begun work on display module manufacturing in partnership with China’s HKC and is exploring joint ventures for camera modules. Similarly, Bhagwati Products is actively pursuing collaborations with global supply chain players to integrate advanced technologies into India’s ecosystem.Global giants such as Foxconn, TDK Corporation, and Murata Manufacturing Co. are also expected to participate in this initiative. The scheme’s focus on employment-linked incentives has further encouraged companies to invest heavily in expanding local production capabilities.Apple’s Role in India’s Electronics LandscapeApple Inc.’s recent pivot towards India highlights the country’s growing importance in global electronics manufacturing. In FY2025 alone, Apple assembled $22 billion worth of iPhones in India—a 60 percent year-on-year increase—accounting for 20 percent of its global production. This shift is driven by tariff tensions with China and aligns with India’s PLI schemes that incentivize local manufacturing.Apple’s partnership with manufacturers like Foxconn and Tata Electronics underscores the potential of India’s electronics sector. The government’s incentives have enabled Apple to export $17.4 billion worth of iPhones from India this fiscal year, further solidifying the country’s role as a key player in the global supply chain.Challenges and Opportunities AheadWhile the $2.7 billion PLI scheme marks a significant milestone, challenges remain. Developing semiconductor fabs and R&D centers will be crucial for sustaining growth in active component manufacturing. Additionally, ensuring rapid implementation of the scheme and building supporting infrastructure will determine its success.Despite these hurdles, India is clearly on a trajectory toward becoming a self-reliant electronics powerhouse. The government’s focus on creating a robust component ecosystem not only supports domestic industries but also positions India as an attractive destination for global manufacturers.A New Era for “Make in India”This initiative represents more than just financial incentives—it signals a strategic shift toward creating a comprehensive electronics ecosystem within India. By focusing on core components and sub-assemblies, the government is laying the foundation for long-term growth and global competitiveness.As investments pour in and factories begin production under this scheme, India is poised to emerge as a leader in electronics manufacturing. With ambitious goals and strong industry participation, the country is not just assembling products—it’s building the future of technology from the ground up.-----Join the Premier Europe-India Network for Tech and Science LeadersDiscover opportunities to connect with industry and product leaders from Europe and India through the Startup Europe India Network (SEINET). This invite-only platform is designed for decision-makers in science, technology, and innovation to drive partnerships, expand markets, and foster mergers and acquisitions.Register now www.startupeuropeindia.net