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We conduct events which take our vision of the EU-India partnership to academic and industrial circles, mediated by the Indian diaspora of the IIT Alumni in Europe. The IIT-EU vision is to:
- Network all IITians who are living and working in Europe
- Facilitate collaboration between industries, universities and institutions of scientific research in Continental Europe and India
- Function as intermediaries between governmental agencies in the EU and India on technology matters
EU-India trade has grown impressively over the years, from €4.4 billion in 1980 to over €46 billion in 2006. Trade with the EU represents almost 20% of India's exports and imports and the EU thus as a bloc is India's largest trading partner. The EU is also India's largest source of foreign direct investment. However, India accounts for just 1.8% of total EU trade. India attracts only 1.3% of the EU's world-wide investments. (Source: European Commission website)
Hence there is a big scope for improvement. IIT EU Alumni association feels that the best way to inform European industry of the reservoir of talent and the opportunities in India is to bring them to witness the technical exchange between IIT's and European academic institutions around themes of current industrial interest in India. |
