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The Hindu reports that Moving Tech Innovations, the Bengaluru-based company behind Namma Yatri, has acquired Netherlands-based Automicle Holding BV in its first international move, marking a direct push into the European urban mobility market.The deal, announced on March 26, gives Moving Tech a foothold on the continent with a platform that already works with European city authorities on digital parking systems and integrated public transport. Financial terms were not disclosed.The strategic rationale is straightforward: European ride-hailing remains dominated by platforms that charge drivers commissions of anywhere between 10 and 50%. Moving Tech's entire model is built around eliminating that layer. Across its Indian platforms, including Namma Yatri, Yatri Sathi, and Bharat Taxi, the company has completed over 150 million trips and channelled more than Rs 2,500 crore in earnings directly to drivers without taking a cut."When we built Namma Yatri, we put cities and their people first," said co-founders Magizhan Selvan and Shan MS. "These are not local solutions; they are universal principles. Cities everywhere are seeking a mobility model that is open and community-led."Automicle's co-founders framed the deal as a two-way exchange, with European expertise in parking and integrated urban transport flowing back to Indian cities alongside Moving Tech's open-network model heading west.The acquisition follows a pre-Series A extension round in which Namma Yatri raised Rs 39.75 crore, roughly $4.4 million, with participation from Juspay founder Vimal Kumar. The company also pointed to renewed momentum in India-EU Free Trade Agreement talks as broader context for the move.

India's Zero-Commission Ride-Hailing Platform Takes Its Model to Europe

After a landmark year of international entries into the Indian market in 2025, a fresh wave of global retail brands is preparing to make its official India debut throughout 2026. Bengaluru-based industry observers say this trend highlights how India’s growing consumer base, rising discretionary incomes, and expanding organised retail ecosystem are making the country an increasingly attractive destination for global lifestyle, fashion, food and experiential brands.In 2025, more than 30 international labels across sectors such as fashion, beauty, athletics, and quick-service dining entered India through a mix of physical stores, franchising partnerships, and online-first retail strategies, signalling strong confidence in India’s retail growth story. Building on that momentum, several high-profile global players have now lined up market entries for 2026.<h3>Brands Poised to Debut</h3>Among the brands preparing to enter India this year:<ul><li>Off-White (Italy) - The luxury streetwear label is expected to open up to six flagship stores across major metros in early 2026 through a distribution partnership with Brand Concepts Ltd, tapping into India’s burgeoning luxury demand.</li><li>Yves Rocher (France) - The French dermo-botanical beauty brand has signed a phased launch in partnership with a leading Indian beauty ecosystem, set to roll out haircare and skincare segments mid-year.</li><li>German Doner Kebab (UK) - The fast-casual dining chain plans its first India location under a master franchise agreement, with a nationwide expansion strategy.</li><li>Lululemon (Canada) -The premium athletic wear brand is entering via a franchise tie-up with Tata CLiQ, blending offline stores with dedicated online experiences.</li><li>Abercrombie &amp; Fitch (USA)- The iconic American lifestyle retailer will combine physical stores with e-commerce launches through strategic partnerships.</li><li>Boo Boo Laand (UAE) - A luxury indoor children’s entertainment concept plans multiple city entries starting with Mumbai, expanding to Delhi, Bengaluru and beyond.</li></ul>This next phase of entries spans fashion, beauty, lifestyle, fitness and entertainment categories, reflecting confidence that India remains one of the world’s most dynamic consumer demand landscapes driven by a young population, digital adoption, and rising urban expenditure. Analysts note that many of these brands are adapting hybrid go-to-market strategies that combine omnichannel retail, franchised operations and bespoke partnerships tailored for Indian consumer preferences.<h3>A Strategic Retail Opportunity</h3>India’s organised retail market - growing at double-digit rates is now a strategic priority for global brands seeking sustained growth beyond mature markets. With rising middle-class incomes and expanding Tier-2 and Tier-3 market penetration, India offers global players a compelling blend of scale, demographic advantage and innovation-led retail expansion. Data shows that retail participation from global players has nearly doubled compared with the pre-pandemic average, indicating robust long-term opportunity.The wave of global brand entries into India in 2026 highlights burgeoning cross-border commercial and innovation opportunities. As European and international retail names test and commit to India’s retail ecosystem, the conditions for joint ventures, tech-driven retail solutions, omnichannel brand experiences and supply chain collaborations become stronger.European lifestyle and consumer brands, Indian retail technology startups, logistics innovators and digital commerce players can jointly capture new growth pathways strengthening Europe-India retail innovation linkages and reinforcing mission to bridge entrepreneurial and market access ecosystems across regions.--Join SEINET — the digital partnership infrastructure for tech businesses and leaders in EU-UK and India.Start with a verified community, and unlock access to the exclusive Leaders Network for qualified founders and decision-makers. Build trusted partnerships and collaborate efficiently across markets <a href="https://www.startupeuropeindia.net/" rel="noopener noreferrer" target="_blank" style="color: rgb(37, 99, 235);">www.startupeuropeindia.net</a>

Global Retail Brands Gear Up for India Debut in 2026 as Market Opportunity Expands

India is on a certain path to becoming the third-largest economy in the world within the next few years, with current projections suggesting this milestone could be reached by 2028 or even sooner. This transformation is fueled by a decade of "well-thought-through" execution and a massive build-out of both physical and digital infrastructure. <iframe class="ql-video" frameborder="0" allowfullscreen="true" src="https://www.youtube.com/embed/cXaiJVFcnt0?showinfo=0"></iframe> The Four Pillars of India's Growth StrategyThe Indian government’s economic model is built upon four foundational pillars:• Public Investment: Massive spending on physical, digital, and social infrastructure.• Inclusive Growth: Initiatives such as opening 540 million new bank accounts and building 130 million toilets to ensure the poorest citizens benefit from national progress.• Manufacturing and Innovation: Shifting India toward becoming a global manufacturing hub, supported by schemes like the PLI (Production Linked Incentive).• Simplification: A major drive toward deregulation, which has seen the removal of 1,600 antiquated laws and 35,000 compliances. Key Challenges to Economic TransformationWhile India’s rise to the top three economies is viewed as a mathematical certainty, experts highlight several bottlenecks that must be addressed to raise per capita income and achieve the "Viksit Bharat" (Developed India) goal by 2047.1. Land and Labor Reforms: Acquiring land and managing clean land titles remains a "tremendous challenge". Furthermore, while new labor laws have been passed, increasing labor market flexibility and skilling the workforce are critical for India to join global supply chains.2. Judicial and Procedural Delays: Judicial reforms are seen as a long-standing bottleneck. However, procedural simplifications are making an impact; for example, telecom tower permits that once took 270 days now take only seven.3. Environmental Concerns: High levels of pollution are estimated to cost India roughly 1.7 million lives annually (18% of all deaths), presenting a significant impact on GDP and human capital that needs to be addressed on a "war footing".4. Global Economic Risks: The "mountains of debt" in the rich world and potential global bond market volatility represent external risks to India’s stability. The Digital and AI RevolutionIndia is positioning itself as a "trusted value chain partner" rather than just a source of cheap labor. The country is making significant progress across five layers of the AI stack:• Services: Pivoting from traditional software services to AI-based solutions.• Models: Developing sovereign AI models tailored to enterprise needs.• Semiconductors: Investing heavily to build a domestic manufacturing base.• Infrastructure and Energy: Opening the nuclear energy sector to private investment to provide sustainable, clean power for data centers.Insights for Global InvestorsFor those looking to engage with the Indian market, experts suggest a long-term approach:• Avoid short-termism: India is a market that requires a long-term commitment rather than a "short-term payback" mindset.• Understand from within: Success in India requires engaging with local stakeholders and understanding the culture from the inside rather than through external biases.• Sustainability as Advantage: There is a unique opportunity in India to marry sustainability with affordability, leapfrogging older industrial models.---SEINET is an online go-to-market and strategic partnership ecosystem that connects corporate and startup leaders, enabling cross-border collaboration, market expansion, and long-term growth between Europe and India. Request to Join for Free <a href="http://www.startupeuropeindia.net" rel="noopener noreferrer" target="_blank">www.startupeuropeindia.net</a>

India can become the 3rd largest economy by 2028 - World Economic Forum

CEng. Shreekant Patil has been awarded the prestigious Bronze Medal in 2025 by the Sustainability and Productivity Standards Council (SPSC), UK. This accolade recognizes his passionate dedication, tireless efforts, enthusiasm, and empathy toward promoting sustainability and advancing the United Nations Sustainable Development Goals (SDGs). Since 2024,&nbsp;<a href="https://shreekantpatilmentor.wordpress.com/" rel="noopener noreferrer" target="_blank" style="color: inherit;">CEng. Shreekant Patil</a>&nbsp;has served as the Sustainability Ambassador for SPSC in India, working closely with the United Nations to promote sustainability in Indian education and industry. His impactful work aligns primarily with SDG 4 (Quality Education) and SDG 9 (Industry, Innovation, and Infrastructure), where he mentors, builds capacity, and fosters sustainable development practices. <a href="https://medium.com/@shreekant-patil-mentor" rel="noopener noreferrer" target="_blank" style="color: inherit;"><img src="https://indiats-prod.fra1.digitaloceanspaces.com/190/thumbnail/news/148/editor/thumbnail_Shreekant Patil India RABRO028842 spsc ambassador United Nations SDG AWARD_&lt;-&gt;1763045368937_aFV3yaaMxZMdYjV1.jpeg"></a> <a href="https://medium.com/@shreekant-patil-mentor" rel="noopener noreferrer" target="_blank" style="color: inherit;">CEng. Shreekant Patil</a>&nbsp;plays a significant role in supporting students, colleges, universities, industries, MSMEs, SMEs, exporters, industry associations, startups, and government schemes aimed at fostering industrial growth in India. As a trusted mentor and consultant, he collaborates extensively with the Ministry of Education and various government initiatives to enhance education-industry linkages, skill development, and entrepreneurship ecosystems. SPSC deeply admires and aligns its purposeful actions with globally respected organizations including the United Nations Sustainable Development Goals (UN SDGs), UN Environment Programme, United Nations Human Rights Council, International Labour Organisation (ILO), International Standards Organisation (ISO), United Nations University, World Intellectual Property Organisation (WIPO), Inclusive Capitalism, SME Climate Hub, and Learning for Sustainability Scotland. CEng. Shreekant Patil has been recognized with the distinguished&nbsp;<a href="https://1spsc.org.verify/" rel="noopener noreferrer" target="_blank" style="color: inherit;">Annual Appreciation Bronze Medal (No. RABRO028842)</a>&nbsp;awarded by the United Nations Sustainable Development Goals through the Sustainability and Productivity Standards Council (SPSC), UK, in recognition of his outstanding contributions to sustainability initiatives.This award further validates Shreekant Patil’s role as a leading influencer committed to mobilizing industry and educational stakeholders toward an inclusive, innovative, and sustainable future for India and the world.

SPSC UK Awards Shreekant Patil Bronze Medal for Driving SDG Impact in India

Under leadership of Shreekant Patil with Poland-India Chamber, Indian MSMEs explore collaboration &amp; growth opportunities in Poland &amp; Europe with key govt partnerships, academic tie-ups, and investor support. Shreekant Patil, along with&nbsp;<a href="https://www.facebook.com/krystynawroblewska/" rel="noopener noreferrer" target="_blank" style="color: inherit;">Krystyna Wróblewska</a>,&nbsp;<a href="https://readyforfuture.com/about-us" rel="noopener noreferrer" target="_blank" style="color: inherit;">Vincent Peter</a>, 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&nbsp;TriQube incubator&nbsp;located in Wrocław, a dynamic space dedicated to fostering innovation and entrepreneurship.<a href="https://pl.linkedin.com/company/dawg" rel="noopener noreferrer" target="_blank" style="color: inherit;"><img src="https://indiats-prod.fra1.digitaloceanspaces.com/190/thumbnail/news/146/editor/thumbnail_Shreekant Patil at TRiQube Incubation Centre, Wroclaw, Poland_&lt;-&gt;1762862402219_Mqlqm1lkMlzfJpQQ.jpeg">olnośląska Agencja Współpracy Gospodarczej (DAWG)</a>&nbsp;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&nbsp;<a href="https://polandindiachamber.com/" rel="noopener noreferrer" target="_blank" style="color: inherit;">Poland-India Chamber of Cooperation (PICC)</a>, 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.<img src="https://indiats-prod.fra1.digitaloceanspaces.com/190/thumbnail/news/146/editor/thumbnail_Shreekant Patil India at DAWG Wroclaw, Poland - Triqube Incubation Centre_&lt;-&gt;1762862436194_jqnY8YTPIgqLMFow.jpeg">oreover, Indian government initiatives including Our&nbsp;<a href="https://www.facebook.com/InvestIndiaIPA?__cft__%5B0%5D=AZWQFRh_a9mvgCCWf1gOnXn-78zn_Y1BmiKr5DbMWpkhcKqVcvoRf3mBFdpi4LfxFUpdXyddvkmgIlxpECfy9IE-dtKsDNNDJBE2L5WRgbllx4zPDgnXPJpJLphn4uSLEgoQjG2ZTkp_M0siFlS9iMBA1TeFCYp2Y4jYP9eS9JlbJQ&amp;__tn__=-%5DK-R" rel="noopener noreferrer" target="_blank" style="color: inherit;">Invest India</a>&nbsp;<a href="https://www.facebook.com/StartupIndia?__cft__%5B0%5D=AZWQFRh_a9mvgCCWf1gOnXn-78zn_Y1BmiKr5DbMWpkhcKqVcvoRf3mBFdpi4LfxFUpdXyddvkmgIlxpECfy9IE-dtKsDNNDJBE2L5WRgbllx4zPDgnXPJpJLphn4uSLEgoQjG2ZTkp_M0siFlS9iMBA1TeFCYp2Y4jYP9eS9JlbJQ&amp;__tn__=-%5DK-R" rel="noopener noreferrer" target="_blank" style="color: inherit;">Startup India</a>&nbsp;<a href="https://www.facebook.com/DoIMahaGov?__cft__%5B0%5D=AZWQFRh_a9mvgCCWf1gOnXn-78zn_Y1BmiKr5DbMWpkhcKqVcvoRf3mBFdpi4LfxFUpdXyddvkmgIlxpECfy9IE-dtKsDNNDJBE2L5WRgbllx4zPDgnXPJpJLphn4uSLEgoQjG2ZTkp_M0siFlS9iMBA1TeFCYp2Y4jYP9eS9JlbJQ&amp;__tn__=-%5DK-R" rel="noopener noreferrer" target="_blank" style="color: inherit;">Directorate of Industries, GoM</a>&nbsp;<a href="https://www.facebook.com/ODOPUP?__cft__%5B0%5D=AZWQFRh_a9mvgCCWf1gOnXn-78zn_Y1BmiKr5DbMWpkhcKqVcvoRf3mBFdpi4LfxFUpdXyddvkmgIlxpECfy9IE-dtKsDNNDJBE2L5WRgbllx4zPDgnXPJpJLphn4uSLEgoQjG2ZTkp_M0siFlS9iMBA1TeFCYp2Y4jYP9eS9JlbJQ&amp;__tn__=-%5DK-R" rel="noopener noreferrer" target="_blank" style="color: inherit;">One District One Product</a>&nbsp;<a href="https://www.facebook.com/QualityCouncilofIndia?__cft__%5B0%5D=AZWQFRh_a9mvgCCWf1gOnXn-78zn_Y1BmiKr5DbMWpkhcKqVcvoRf3mBFdpi4LfxFUpdXyddvkmgIlxpECfy9IE-dtKsDNNDJBE2L5WRgbllx4zPDgnXPJpJLphn4uSLEgoQjG2ZTkp_M0siFlS9iMBA1TeFCYp2Y4jYP9eS9JlbJQ&amp;__tn__=-%5DK-R" rel="noopener noreferrer" target="_blank" style="color: inherit;">Quality Council of India</a>&nbsp;<a href="https://www.facebook.com/NSDCIndiaOfficial?__cft__%5B0%5D=AZWQFRh_a9mvgCCWf1gOnXn-78zn_Y1BmiKr5DbMWpkhcKqVcvoRf3mBFdpi4LfxFUpdXyddvkmgIlxpECfy9IE-dtKsDNNDJBE2L5WRgbllx4zPDgnXPJpJLphn4uSLEgoQjG2ZTkp_M0siFlS9iMBA1TeFCYp2Y4jYP9eS9JlbJQ&amp;__tn__=-%5DK-R" rel="noopener noreferrer" target="_blank" style="color: inherit;">NSDC National Skill Development Corporation</a>&nbsp;<a href="https://www.facebook.com/SkillIndiaOfficial?__cft__%5B0%5D=AZWQFRh_a9mvgCCWf1gOnXn-78zn_Y1BmiKr5DbMWpkhcKqVcvoRf3mBFdpi4LfxFUpdXyddvkmgIlxpECfy9IE-dtKsDNNDJBE2L5WRgbllx4zPDgnXPJpJLphn4uSLEgoQjG2ZTkp_M0siFlS9iMBA1TeFCYp2Y4jYP9eS9JlbJQ&amp;__tn__=-%5DK-R" rel="noopener noreferrer" target="_blank" style="color: inherit;">Skill India</a>&nbsp;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. <img src="https://indiats-prod.fra1.digitaloceanspaces.com/190/thumbnail/news/146/editor/thumbnail_Shreekant Patil with PICC and delegates at Triqube Incubation, Wroclaw, Poland_&lt;-&gt;1762862491834_hcLpwZlEQLEZmSe0.jpeg">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. <a href="https://shreekantpatilmentor.wordpress.com/" rel="noopener noreferrer" target="_blank" style="color: inherit;">CEng. Shreekant Patil</a>&nbsp;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.

Unlocking European Markets for Indian MSMEs Startups Collaboration and Growth in Poland Europe

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.<img src="https://indiats-prod.fra1.digitaloceanspaces.com/190/thumbnail/news/145/editor/thumbnail_Shreekant Patil India signs MoU with Poland India Chamber at Poland_&lt;-&gt;1762862632735_sPu0Km9mfJnIvH46.jpeg">The official inauguration of the PICC took place on October 29, 2025, at the historic <a href="https://en.wikipedia.org/wiki/Wroc%C5%82aw_Town_Hall" rel="noopener noreferrer" target="_blank">Wrocław Town Hall</a>. 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,&nbsp;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. &nbsp;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,&nbsp;<a href="https://invest-in-wroclaw.pl/wroclaw-polish-indian-chamber-of-cooperation-has-been-established" rel="noopener noreferrer" target="_blank">Wrocław Agglomeration Development Agency</a>&nbsp;(ARAW S.A.). <img src="https://indiats-prod.fra1.digitaloceanspaces.com/190/thumbnail/news/145/editor/thumbnail_Shreekant Patil India at Poland_&lt;-&gt;1762862660808_0UKJJQwhZta1fEXZ.jpeg"><img src="https://indiats-prod.fra1.digitaloceanspaces.com/190/thumbnail/news/145/editor/thumbnail_Shreekant Patil MoU with Poland India Chamber_&lt;-&gt;1762862673576_tKN9qqE2m31zx2Nc.jpeg"> 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. <img src="https://indiats-prod.fra1.digitaloceanspaces.com/190/thumbnail/news/145/editor/thumbnail_Shreekant Patil at Poland India Chamber - Poland_&lt;-&gt;1762862727974_ZcuJg4Wf57Odyi94.jpeg">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. <img src="https://indiats-prod.fra1.digitaloceanspaces.com/190/thumbnail/news/145/editor/thumbnail_Shreekant Patil India at Poland India Chamber Inauguration Event, Poland_&lt;-&gt;1762862762302_uCiFLZiDcwjFF56K.jpeg"><img src="https://indiats-prod.fra1.digitaloceanspaces.com/190/thumbnail/news/145/editor/thumbnail_Shreekant Patil India at Poland India Chamber of Cooperation, Poland_&lt;-&gt;1762862804262_NmWQQytHNGo4iK5y.jpeg">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 &amp; 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 <a href="https://polandindiachamber.com/" rel="noopener noreferrer" target="_blank">Poland-India Chamber of Cooperation (PICC)</a> 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. <a href="https://shreekantpatilmentor.wordpress.com/" rel="noopener noreferrer" target="_blank"><img src="https://indiats-prod.fra1.digitaloceanspaces.com/190/thumbnail/news/145/editor/thumbnail_Shreekant Patil India at Poland India Chamber, Poland_&lt;-&gt;1762862838876_d3EUjnhjyDJirPd3.jpeg">Shreekant Patil</a> 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. <img src="https://indiats-prod.fra1.digitaloceanspaces.com/190/thumbnail/news/145/editor/thumbnail_251029_151910_artnuve_&lt;-&gt;1762862892103_pCgH6YNJeTwrUZ43.jpeg">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.&nbsp;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:<ul><li>Trade and Investment</li><li>Education and Skills Development</li><li>Renewable Energy and Sustainable Development</li><li>Smart Cities and Infrastructure</li><li>Culture and Tourism</li></ul>Through these domains, the Chamber acts as a bridge between governments, academia, industry leaders, and social organizations to create sustainable and innovative partnerships.

Shreekant Patil Strengthens India Europe Trade Ties via Poland-India Chamber MoUs

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:<ul><li>Attracting ₹10,000 crore in investments to the state’s burgeoning space sector</li><li>Creating at least 10,000 high-value jobs for skilled youth</li><li>Developing a workforce ready for the future of space technologies and services</li></ul>This 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:<ul><li>Capital subsidies up to 20% for eligible manufacturing and service companies</li><li>A 50% subsidy on expenses for patent registration and intellectual property filings</li><li>Wage subsidies for firms investing in the state’s new Space Bays (dedicated industrial zones for space businesses)</li><li>Special packages for projects exceeding ₹300 crore investment</li></ul> These 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:<ul><li>Facilities for satellite testing and qualification in Chennai</li><li>Incubation centers and labs for space-tech startups</li><li>A Space Tech Fund with an initial allocation of ₹10 crore to support early-stage ventures</li></ul> These 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:<ul><li>Explore eligibility for incentives and subsidies under the policy</li><li>Consider setting up operations in one of the upcoming Space Bays</li><li>Take advantage of the Space Tech Fund and incubation facilities in Chennai</li><li>Collaborate with local academic and research institutions to access talent and R&amp;D support</li></ul> A 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 Leaders 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&nbsp;<a href="http://www.startupeuropeindia.net/" rel="noopener noreferrer" target="_blank">www.startupeuropeindia.net</a>

Tamil Nadu Approves Ambitious Space Industrial Policy 2025: Aiming for Investment, Innovation, and Jobs

In a groundbreaking move to address India's growing traffic congestion and improve emergency medical services, Chennai-based electric aircraft startup ePlane Company has secured a monumental deal worth over $1 billion to supply 788 air ambulances across the country. This initiative promises to transform the landscape of critical care delivery in India, offering a innovative solution to the challenges posed by urban gridlock. The eVTOL (electric vertical takeoff and landing) manufacturer has partnered with ICATT, the International Critical-Care Air Transfer Team, to establish India's largest air ambulance network. This collaboration aims to significantly enhance access to timely critical care, potentially saving countless lives in the process. Addressing a Critical Need India's rapid urbanization has led to severe traffic congestion in major cities, with Kolkata, Bengaluru, and Pune ranking among the world's top five for slowest traffic speeds according to the TomTom Traffic Index 2024. This congestion has had dire consequences for emergency medical services, often resulting in critical patients being stuck in traffic or reaching medical facilities too late. Dr. Shalini Nalwad, Founder of ICATT, highlighted the potential impact of this initiative, particularly in organ transplant scenarios. "This is going to be a very good solution in terms of organ air-lifts. 95% of the registered patient recipients die before they get an organ. This is purely because of the lack of logistics, not due to lack of donors," she explained. The ePlane Solution At the heart of this revolutionary project is ePlane's flagship aircraft, the e200x. With a wingspan of eight meters, this compact yet powerful vehicle is designed to operate in tight urban spaces, capable of taking off and landing on rooftops or roadside fields. The e200x boasts impressive capabilities, reportedly able to transport patients seven times faster than ground vehicles. Each air ambulance unit will be equipped to carry a pilot, a paramedic, and a patient on a stretcher. Initially, the aircraft will have a range of 110 kilometers (68 miles), with plans to extend this to over 200 kilometers in future iterations. Prof Satya Chakravarthy, Founder of the ePlane Company, emphasized the broader implications of this initiative: "By deploying air ambulances at scale, we aim to enhance emergency response capabilities, ensure faster critical care access, and bridge the gap between accident sites and advanced medical facilities, ultimately reducing fatalities and improving healthcare accessibility." Looking Ahead ePlane plans to commence commercial operations in the latter half of 2026, with an initial production rate of 100 units per year. However, to achieve full-scale production and meet the demands of this ambitious project, the company will need to secure an additional $100 million in funding. This capital will be crucial for developing more prototypes, completing type certification, and establishing commercial manufacturing facilities. The partnership between ePlane and ICATT represents a significant step forward in addressing India's healthcare challenges. By leveraging cutting-edge eVTOL technology, this initiative has the potential to overcome the limitations imposed by traditional ground transportation, offering hope for faster, more efficient emergency medical services across the country. As India continues to grapple with the consequences of rapid urbanization, innovative solutions like ePlane's air ambulances may prove instrumental in ensuring that critical care reaches those in need, regardless of traffic conditions. This $1 billion deal not only marks a major milestone for ePlane Company but also signals a new era in emergency healthcare delivery for India.---Join the exclusive network&nbsp;for leaders driving growth and partnerships in tech and science&nbsp;-&nbsp;<a href="http://www.startupeuropeindia.net/" rel="noopener noreferrer" target="_blank" style="color: inherit;">www.startupeuropeindia.net</a>

ePlane Secured $1 Billion Order For 788 Air Ambulances For Emergency Healthcare in India

<blockquote>In a bold move to address growing air pollution concerns, the Indian state of Maharashtra is exploring the possibility of banning petrol and diesel vehicles in Mumbai, the country's financial capital. This potential policy shift reflects the increasing urgency to tackle environmental issues in one of the world's most populous and polluted urban centers.</blockquote> Key Points of the Proposal 1. Scope of the Ban&nbsp;&nbsp;- The ban would apply to new petrol and diesel vehicles in Mumbai.&nbsp;&nbsp;- It's part of a broader initiative to control pollution in the city. 2. Timeline and Implementation&nbsp;&nbsp;- The state government is currently studying the feasibility of this plan.&nbsp;&nbsp;- No specific timeline for implementation has been announced yet. 3. Motivation Behind the Move&nbsp;&nbsp;- Mumbai faces severe air quality issues, particularly during winter months.&nbsp;&nbsp;- The city's air pollution levels often exceed national safety standards. 4. Alternative Transportation Focus&nbsp;&nbsp;- The proposal aims to promote electric vehicles and public transportation.&nbsp;&nbsp;- It aligns with India's broader goals to reduce carbon emissions. Challenges: 1. Infrastructure Development&nbsp;&nbsp;- Significant investment in electric vehicle charging infrastructure would be necessary.&nbsp;&nbsp;- Public transportation systems may need expansion to accommodate increased demand. 2. Economic Impact&nbsp;&nbsp;- The auto industry, a major contributor to India's economy, could face disruptions.&nbsp;&nbsp;- Job markets related to traditional vehicle manufacturing and maintenance might be affected. 3. Public Reception&nbsp;&nbsp;- The proposal is likely to face mixed reactions from Mumbai's residents and businesses.&nbsp;&nbsp;- Concerns about the affordability and practicality of electric vehicles may arise. 4. Policy Implementation&nbsp;&nbsp;- Effective enforcement mechanisms would need to be developed.&nbsp;&nbsp;- Gradual phase-out strategies might be considered to ease the transition. This proposal is part of a global trend where cities are taking aggressive steps to combat air pollution and reduce carbon emissions. Similar initiatives have been seen in other major cities worldwide, reflecting a growing recognition of the need for urgent action on climate change and urban air quality. The move also aligns with India's national goals to reduce carbon emissions and promote sustainable transportation. The country has set ambitious targets for electric vehicle adoption and renewable energy use in the coming decades. While still in the study phase, Maharashtra's consideration of banning petrol and diesel vehicles in Mumbai represents a significant step towards addressing urban pollution. If implemented, it could serve as a model for other Indian cities grappling with similar environmental challenges. However, the success of such a policy would depend on careful planning, substantial infrastructure investment, and public support. As the proposal develops, it will be crucial to balance environmental goals with economic and social considerations to ensure a smooth and effective transition towards cleaner urban transportation. Read more: <a href="https://www.reuters.com/world/india/indian-state-studies-plan-ban-petrol-diesel-vehicles-mumbai-control-pollution-2025-01-28" rel="noopener noreferrer" target="_blank">https://www.reuters.com/world/india/indian-state-studies-plan-ban-petrol-diesel-vehicles-mumbai-control-pollution-2025-01-28/</a>---Join the exclusive network for growth companies and corporates driving growth and partnerships in tech and science&nbsp;-&nbsp;<a href="http://www.startupeuropeindia.net" rel="noopener noreferrer" target="_blank" style="color: var(--tw-prose-links);">www.startupeuropeindia.net</a>

Indian State Considers Banning Petrol and Diesel Vehicles in Mumbai to Combat Pollution

In a bold move to revolutionize urban transportation in India, Hyundai has introduced two innovative electric vehicle concepts designed to replace traditional rickshaws. The unveiling took place at the prestigious Bharat Mobility Global Expo 2025 in New Delhi, showcasing the car manufacturer's commitment to sustainable and culturally tailored mobility solutions. The Concept Vehicles The showcase featured two distinct models: a three-wheeler and a four-wheeler, both electric-powered. These futuristic vehicles are Hyundai's response to India's unique urban environment, combining modern technology with practical design elements suited for the country's diverse climate and infrastructure challenges. Design and Functionality SangYup Lee, Hyundai's design head, emphasized the vehicles' adaptability to India's specific needs. The concepts boast several innovative features: - An angled windshield for enhanced visibility- Improved collision protection measures- A flat floor and extended wheelbase for passenger comfort- Compact dimensions to navigate narrow city streets- Foldable seats to accommodate wheelchairs- Height-adjustable chassis to cope with monsoon flooding- Water-resistant finishes and heat-reducing paint (currently in testing) The exterior is finished in "Aakaashi Blue," a color inspired by the Indian Ocean and sky, reflecting the country's vibrant culture. Practical Urban Solutions These electric rickshaws are not just about aesthetics; they're designed with practicality in mind. The vehicles are versatile enough for commuting, goods transport, and even emergency response scenarios. They feature adaptable storage solutions and an intuitive information display system. Additional conveniences include a phone holder and reconfigurable pegboard-style panels for customization. Collaboration and Future Prospects Hyundai has partnered with TVS Motor Company, a prominent Indian motorcycle manufacturer, for this project. While production and rollout plans are still under discussion, the collaboration signals a serious intent to enter the Indian market with these tailored solutions. The four-wheeler concept is also being considered for potential global applications. Hyundai's Track Record of Innovation As the world's third-largest carmaker, Hyundai has a history of pushing boundaries in automotive design. Previous concepts have included foldable scooters and walking cars, demonstrating the company's forward-thinking approach. This latest venture into electric rickshaws aligns with Hyundai's broader vision of autonomous driving and reimagining cars as living spaces. The unveiling of these electric rickshaw concepts marks a significant step in Hyundai's efforts to address the specific transportation needs of India's urban centers. By combining cutting-edge technology with culturally sensitive design, Hyundai aims to offer a sustainable and efficient alternative to traditional rickshaws, potentially transforming the landscape of urban mobility in India. ---Join the exclusive network for growth companies and corporates driving growth and partnerships in tech and science&nbsp;-&nbsp;<a href="http://www.startupeuropeindia.net" rel="noopener noreferrer" target="_blank" style="color: var(--tw-prose-links);">www.startupeuropeindia.net</a>

Hyundai Unveils Futuristic Electric Rickshaws for India’s Urban Landscape

Nvidia's Project Digits, unveiled at CES 2025, is set to transform the landscape of AI development by bringing supercomputing power to individual desktops. This compact yet powerful device, priced at $3,000 and scheduled for release in May, promises to democratize access to high-performance AI computing. Use Cases Project Digits opens up a world of possibilities across various industries. In autonomous driving, it enables local model training and fine-tuning, accelerating the development and testing of self-driving algorithms. Healthcare professionals can leverage its power for faster medical image analysis and AI-assisted surgery training. Creative industries benefit from AI-accelerated image and video generation, while financial institutions can use it for fraud detection and high-speed algorithmic trading simulations. The device's ability to run models with up to 200 billion parameters (or 405 billion when two units are linked) makes it suitable for natural language processing tasks, complex simulations, and advanced machine learning projects that were previously confined to data centers or cloud environments. Target Users Project Digits is designed for a diverse range of users. AI researchers and data scientists will find it invaluable for prototyping and fine-tuning large models without relying on cloud resources. Students and educators in AI-related fields can now access professional-grade tools, potentially accelerating learning and research. Small to medium-sized enterprises looking to incorporate AI into their products or services will appreciate the balance of power and affordability. Independent developers and startups working on cutting-edge AI applications can use Project Digits to iterate quickly on their ideas without incurring hefty cloud computing costs. Additionally, creative professionals in fields like digital art, animation, and game development can harness its capabilities for AI-assisted content creation. Monetization and ROI The potential for generating return on investment with Project Digits is significant. Freelance AI developers can offer more competitive services by reducing their reliance on expensive cloud resources. Startups can accelerate their product development cycles, potentially reaching the market faster and with more sophisticated AI features. For enterprises, the ROI can be calculated by comparing the cost of the device against potential savings in cloud computing expenses and increased productivity. For instance, a marketing agency using Project Digits for AI-driven content creation and analytics might see a 60% ROI on a website redesign project, factoring in both revenue and reduced costs. Educational institutions can offer advanced AI courses and workshops, potentially creating new revenue streams. Researchers can use the device to prototype ideas quickly, potentially leading to more grant funding or commercial partnerships. Future Vision Project Digits represents more than just a powerful piece of hardware; it's a glimpse into a future where AI development is more accessible and decentralized. As AI continues to permeate various aspects of our lives, having powerful AI computing capabilities in the hands of diverse creators and innovators could lead to breakthroughs we haven't yet imagined. Nvidia's vision extends beyond Project Digits. The company is building an ecosystem of AI tools and platforms that cater to different needs and skill levels. This democratization of AI technology could lead to more diverse and innovative applications, potentially addressing a wider range of societal challenges and opportunities. As AI models continue to grow in complexity and size, future iterations of Project Digits may offer even more power and efficiency. We might see closer integration with cloud services for seamless scaling, or specialized versions tailored for specific industries or applications. The introduction of Project Digits marks a significant step towards a future where AI development is not limited by access to computing resources. It empowers a new generation of AI innovators, potentially accelerating the pace of AI advancements and their positive impact on society. As this technology evolves, we can expect to see AI becoming an increasingly integral part of problem-solving and innovation across all sectors. NVIDIA's Project DIGITS: A Desktop AI Supercomputer for Developers <a href="https://www.elektormagazine.com/news/nvidia-project-digits" rel="noopener noreferrer" target="_blank">https://www.elektormagazine.com/news/nvidia-project-digits</a> ---Join the exclusive network for growth companies and corporates driving growth and partnerships in tech and science - <a href="http://www.startupeuropeindia.net/" rel="noopener noreferrer" target="_blank">www.startupeuropeindia.net</a>

Project Digits: Nvidia's Personal AI Supercomputer Revolutionizes AI Development

The accumulation of space debris in Earth's orbit has reached critical levels, raising concerns about the potential onset of Kessler Syndrome. This phenomenon, theorized by NASA scientist Donald Kessler in 1978, describes a scenario where the density of objects in low Earth orbit becomes so high that collisions between objects could cause a cascade, rendering space activities and satellite services impossible for generations. Currently, there are over 100 million pieces of space junk orbiting Earth, ranging from defunct satellites to tiny paint flecks. The increasing number of satellite launches, particularly mega-constellations for global internet coverage, is exacerbating the problem. Recent incidents, such as a Chinese rocket stage exploding and creating a debris cloud, highlight the growing risks. Efforts to mitigate space debris include improved tracking systems, satellite design modifications for easier deorbiting, and experimental cleanup technologies. However, experts warn that without significant international cooperation and stricter regulations, the space junk problem could soon reach a tipping point, potentially disrupting crucial satellite services and future space exploration. The article emphasizes the urgent need for global action to address this issue, as the consequences of inaction could be severe for both space-based technologies and Earth-bound societies that rely on them. ---Join SEINET&nbsp;- the exclusive network for tech and science product and industry leaders. SignUp Free&nbsp;<a href="http://www.startupeuropeindia.net/" rel="noopener noreferrer" target="_blank" style="color: var(--tw-prose-links);">www.startupeuropeindia.net</a>

Space Junk Crisis: Earth's Orbit Faces Kessler Syndrome Threat

In a bold move that could reshape the landscape of space exploration and community development, SpaceX has formally requested to incorporate its Starbase facility as an official city in Texas. Located at the southern tip of the state near Boca Chica Beach, Starbase has been the epicenter of SpaceX's ambitious Starship program, serving as a crucial hub for rocket development and testing. On December 12, 2024, SpaceX submitted a letter to Cameron County Judge Eddie Treviño Jr., petitioning for an election to enable the incorporation of Starbase as the newest city in the Rio Grande Valley. This request comes as part of SpaceX's broader strategy to expand its operations and create a self-sustaining community around its space exploration endeavors. The vision for Starbase extends far beyond its current role as a launch facility. SpaceX envisions transforming the area into a thriving city that can support its growing workforce and ambitious space exploration goals. The company has already invested billions in infrastructure and generated significant economic impact for the region, with over 3,400 full-time employees and contractors working at the site. Kathryn Lueders, the general manager of Starbase, emphasized the need for community growth to support the rapid development and manufacturing of Starship. The incorporation would streamline processes for building necessary amenities, potentially making Starbase a world-class place to live and work. This move aligns with Elon Musk's recent decision to relocate SpaceX's headquarters from California to Texas, further solidifying the state's position as a key player in the commercial space industry. The proposed city of Starbase could become a unique blend of aerospace innovation and community living, potentially serving as a model for future space-focused settlements. The incorporation of Starbase as a city could offer SpaceX greater autonomy over operations, zoning, utilities, and public services. This increased control could accelerate the company's ambitious plans, including its goal of conducting up to 25 Starship launches from the site in 2025. However, the path to cityhood is not without challenges. The proposal must undergo review by county officials to ensure compliance with statutory requirements before proceeding to an election. Additionally, SpaceX's rapid expansion in the region has faced some opposition from local environmental groups concerned about the impact on the area's ecosystem. Despite these hurdles, the potential incorporation of Starbase represents a significant step in SpaceX's long-term vision. It symbolizes the company's commitment to not only advancing space technology but also to creating sustainable communities that can support the future of space exploration. As Starbase evolves from a launch facility to a potential city, it embodies the intersection of innovation, community development, and the ambitious goal of making humanity a multi-planetary species. The coming months will be crucial as local authorities review the petition and the possibility of a new space-focused city in Texas becomes clearer. The story of Starbase's potential incorporation is more than just a tale of urban development; it's a glimpse into a future where the boundaries between Earth-based communities and launchpads to the stars begin to blur. As SpaceX continues to push the envelope of what's possible in space exploration, the transformation of Starbase could mark the beginning of a new era in how we think about the relationship between our terrestrial homes and our cosmic aspirations.

SpaceX Aims to Transform Starbase into a Texas City

The recent collapse of Michel Barnier's government has sent shockwaves through France's technology and innovation sector, threatening years of progress and stability. The resignation of Prime Minister Barnier following a vote of no confidence has left the country without a government and facing a tight deadline to pass next year's budget. Impact on the Tech IndustryThe political instability has severely undermined confidence in the French tech sector, which had been carefully cultivated over years. Start-ups and companies now find themselves in a state of limbo, unable to plan financially or make strategic decisions. Maya Noël, director of European start-up lobby France Digitale, expressed grave concerns about the sudden change in rules and its destructive effect on stability. She emphasized the need for visibility and tax stability to ensure a stable mid-term outlook for the industry. Economic ConsequencesThe uncertainty has led to a significant decrease in venture capital investments, with companies hesitating to hire new employees. This situation has created a vicious cycle of waiting and losing confidence, further exacerbating the sector's challenges. Innovation at RiskFrance, currently ranked second in Europe among the world's most innovative countries, now faces the risk of falling behind in the global technology race. Véronique Torner, president of Numeum, a union representing French tech companies, warned that missing the current momentum of acceleration could be extremely worrying, potentially causing France to miss the technology train altogether. Government Initiatives in JeopardyThe political turmoil has put critical initiatives like 'France 2030' at risk. This €54 billion plan, aimed at boosting industrial competitiveness and technology over five years, is now in limbo. Many start-ups, especially in the deep tech sector, depend on this fund for their survival and growth. Political LandscapePresident Emmanuel Macron has announced his intention to appoint a new prime minister in the coming days. However, the incoming leader will face the daunting task of uniting a deeply divided parliament, with the far-right National Rally party holding the largest number of seats in the lower house. Industry leaders are urging swift action to restore stability and confidence in the tech sector. They emphasize that the health of the tech industry is crucial for the overall economy and the well-being of French citizens. As France navigates this political crisis, the future of its thriving tech sector hangs in the balance. The coming weeks will be critical in determining whether the country can maintain its position as a European leader in innovation or risk falling behind in the global tech race. #France #FranceDigitale

France's Tech Sector in Turmoil: Government Collapse Threatens Innovation

Startup Europe India Network (SEINET) platform is the growth-facilitator for Indian startups to go global and global startups to go local in India. <a href="https://www.bain.com/insights/india-venture-capital-report-2024/" rel="noopener noreferrer" target="_blank">India's VC landscape matured in 2023 and remains the second largest destination for VC in Asia-Pacific</a>Bain &amp; Company India’s venture capital landscape matured in 2023, as resilience accompanied challenges to shape the investment narrative. The moderation of venture capital (VC) funding in India (from $25.7 billion to $9.6 billion over 2022–23) mirrored global caution on risk capital. But despite the decline in deal flow, India maintained its status as the second-largest destination for VC and growth funding in Asia-Pacific. <a href="https://www.nortonrosefulbright.com/en/knowledge/publications/ada6d415/when-it-comes-to-infrastructure-building-is-india-the-next-land-of-opportunity" rel="noopener noreferrer" target="_blank">When it comes to infrastructure building, is India the next land of opportunity?</a>Norton Rose Fulbright It is no doubt that infrastructure growth is critical for a country’s development. To promote such growth, India is leading efforts to dedicate attention and funds to developing infrastructure, which is evident by the efforts at the central and state levels. The pandemic and the subsequent challenges to the supply chain led to India’s focus on “Make in India” and self-reliance. In light of the disruptions within the logistics sector, India resolved to expand and modernize its manufacturing capabilities. This shift in focus fueled the country’s goal to focus on infrastructure development. The governments on central and state levels are bringing in policies to facilitate the planning and execution of projects relating to power, roads and infrastructure needed for urban development, such as public transport and e-vehicles. In this article, we attempt to chart India’s path for building infrastructure. <blockquote>SEINET is a high-quality network for high-value partnership driven business growth in high-tech innovation.</blockquote> <a href="https://www.bbc.co.uk/news/world-asia-68531241" rel="noopener noreferrer" target="_blank">India signs $100bn free trade deal with four European nations</a>BBC News The deal with the European Free Trade Association (EFTA) will see investments in India of $100bn (£77.8bn), the country's trade minister says. <a href="https://www.bbc.co.uk/news/world-asia-india-68399872" rel="noopener noreferrer" target="_blank">Byju's - once India's most valued-startup is now fighting for survival</a>BBC News Once India's leading privately-held company valued at $22bn (£17.38bn), it is now regarded by some as a cautionary tale for domestic start-ups, as investment company BlackRock recently slashed its valuation to $1bn. <a href="https://www.visualcapitalist.com/the-worlds-biggest-stock-markets-by-country/" rel="noopener noreferrer" target="_blank">Indian stock market is now the world's largest stock market</a> <img src="https://www.visualcapitalist.com/wp-content/uploads/2024/03/Market-cap-by-country_Main.jpg"> Startup Europe India Network platform is the growth-facilitator for Indian startups to go global and global startups to go local in India. <a href="www.startupeuropeindia.net" rel="noopener noreferrer" target="_blank">Join Startup Europe India Network Community</a>

India's economic stories - what does the world recently talk about!

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