India and Luxembourg are building bridges in Europe
The two countries held their first official meeting in two decades as India ups the ante on enhanced ties with Europe. Greater proximity with Europe’s richest country can yield big dividends.
India and Central Europe could be poised to rediscover their old business partnership
The 21st century has opened a new chapter of intensive political and business interaction between India and Central Europe, but the level of commerce and investment is still at a slow path. The need of the hour is a new formula of cooperation with involvement of Prime Ministers accompanied with well-structured and market-tailored support of small and medium companies at the national and local level.
Automation can amplify human potential
In this exclusive and in-depth interview, Hardeep Singh Garewal, CEO, ITC Infotech Limited, UK and President Europe at ITC Infotech Limited discusses the various tech initiatives undertaken by the company, the potential for human capital to leverage the power of AI and the company's key philosophies for the UK and European market.
Hitachi ABB Power Grids wins $16mn order from Indian Railways
Under the order, the Japanese-European entity will deliver its transformers to Chittaranjan Locomotive Works, for the production of 400 passenger and freight locomotive engines.
Rotterdam, a port of call for Indian companies into Europe
An investment expert at Rotterdam Partners lays down the many opportunities for investment and trade that the port city offers Indian businesses looking to expand into Europe.
Where is the gunpowder? VC funds launched in 2020
Many venture capitalists around the world have announced fresh funding or have expanded their footprint into international markets, our VC expert does a quick round up of the latest deals. The inspiration behind this article was simple. To compile a list of VCs and other investors who have recently raised fresh funds. Over the last few months, I have been keeping a record of new fund announcements that I have come across in the VC world. I figured it might [...]
It is time for Indian firms to realign their strategy with an eye on the EU customer base
An industry expert shares his thoughts on the changing India-EU dynamic in a post-Brexit scenario and the role of EICBI in strengthening these relations. The statistical work of Angus Maddison (6 December 1926 – 24 April 2010), a world-leading economist, showed that India's share of world income during the 1700s was around 22.6 per cent, which was almost equal to Europe's share of 23.3 per cent at that time. Today, India's share of the global GDP is around 3 per [...]
Romania, your next business destination
Romania is undeniable a reliable partner for profit-oriented worldwide entrepreneurs, says the head of Invest Romania. In the highly dynamic and interconnected world of global business having paradigms of economic power being drawn and redrawn relentlessly, with reduced appetence for risk exposure and propensity to invest, Romania has succeeded in maintaining its position as one of the leading foreign direct investment recipients in Europe, ranking 10th with $5.8 billion foreign investment attracted in 2017, as 3 per cent of the [...]
Tata Steel strikes European deal to secure jobs
The joint venture with Thyssenkrupp will help address Indian market needs, according to the Indian steel giant. The chairman of Tata Steel welcomed the definitive agreement with German steel major Thyssenkrupp to create a new joint venture company as a “historic” development that would strengthen the steel industry across Europe and India. N. Chandrasekaran was addressing a joint press conference with Thyssenkrupp CEO Heinrich Hiesinger in Brussels at the end of June to mark the creation of Europe’s second-largest steel giant in the form [...]
India to retain second spot among world’s smartphone users
The country will hit 530 million smartphone users by 2018, behind China’s 1.3 billion but ahead of the US figure of 229 million, a latest analysis finds. In 2018, 66 per cent of people across 52 countries will own a smartphone, up from 63 per cent in 2017 and 58 per cent in 2016, according to Zenith’s ‘Mobile Advertising Forecasts 2017’ report, published recently. The US-based analysis firm found that the top three countries in terms of smartphone usage will remain [...]