India’s economy keeps shining and European deeptech startups bring their innovation to the country supported by the EU-India Innocenter.
Leveraging what innovative solutions bring to boost growth in some specific sectors is no longer an option but an undeniable need. And the beauty of this is that, when it comes to Deep Tech, India has as many needs as opportunities and benefits to offer.
If we had to choose a place in the world where all that light could be converted after the pandemic, where would it be? In fact, at this moment, one country, in particular, stands out with a brighter glow than the others.
E-commerce, government reforms and changes in service outsourcing strategies are expected to lead the transformation of the Indian logistics landscape.
In India, demand for mobility is likely to grow at a faster pace than ever in the next decade, driven by urbanisation, growing workforce, rising income levels and investments to improve infrastructure.
Agritech’s Indian market is expected to reach US$ 24.1 billion in 2025. Agritech startups in India registered only US$ 204 million in 2020, which shows that this segment has not yet been explored.
The country’s energy demand is expected to double by 2040 and the government has taken several measures to induce foreign investment in this sector, opening doors for startups with relevant products and services.
With a huge population continuously growing and an accelerated urbanization process, waste management in India has become a major challenge.
India faces a drastic scarcity of resources, but undoubtedly the most alarming is water, with many polluted and even toxic rivers. More than 600 million Indians face acute water shortages.
Think of a bubbling economy, low costs, stable government, a huge, young and growing population with high-level education, speaking English, open to innovation and easy to relate to.
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