This week has been filled with exciting developments and opportunities to enhance business ties between Europe and India. Here are the key takeaways:

1️⃣ EU-India Strengthen Cooperation on CBAM:

DG TAXUD officials visited New Delhi to advance cooperation on the EU's Carbon Border Adjustment Mechanism (CBAM). Key discussions focused on carbon trading, energy efficiency, and supporting Indian businesses, particularly MSMEs, in adapting to CBAM.

2️⃣ Indian Tech Giants Shine Globally:

TCS, Infosys, and Airtel have been ranked among the world's 100 most valuable brands, showcasing the innovation and global competitiveness of India's tech sector. This strengthens the potential for cross-border tech collaborations and investments.

3️⃣ India-Italy Joint Call for Proposals 2024:

A collaborative initiative between India and Italy to foster research projects, offering funding for the exchange of researchers and joint research projects. This presents an excellent opportunity for cross-border collaboration and knowledge exchange.

4️⃣ India's Fintech Boom:

India ranks 3rd globally in fintech deals, with 78 deals. The rapid growth and innovation in the Indian fintech sector highlight opportunities for European investors and fintech companies to engage in this dynamic market.

5️⃣ Expanding Business in India: Insights and Case Study:

Adriano Ceci Neva from RAW Advisory shared strategic insights on expanding business in India. Key takeaways include the growth of the hydraulic components market, the importance of local production, and the need for strong alignment with Indian partners.

6️⃣ Upcoming Webinar on Union Budget 2024-25:

The Indo-French Chamber of Commerce & Industry (IFCCI) is organizing a webinar to decode the Union Budget 2024-25. Key topics include investment in manufacturing, infrastructure development, job creation, and fostering innovation. This webinar is a must-attend for businesses looking to understand strategic opportunities in India.

7️⃣ Inspirational Journey of Odoo:

From Belgium to Gandhinagar, Odoo’s journey is a testament to resilience and innovation. Fabien Pinckaers' mantra to "Simplify" has driven Odoo to win over 7 million users worldwide, presenting a model for European companies looking to enter the Indian market. These highlights underscore the immense potential for European and Indian businesses to collaborate across various sectors, driving innovation, investment, and mutual growth. Let’s seize these opportunities and build strong, strategic partnerships!

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