cover image: Cluster policy landscapes and collaboration opportunities in the European Union and India - Dr. Jan-Philipp Kramer

Cluster policy landscapes and collaboration opportunities in the European Union and India - Dr. Jan-Philipp Kramer

6 Nov 2024

Jan-Philipp Kramer Team Leader ‘Data & Policy’, Prognos/ECCP Economic profile of India GVA shares by sector, in 2023 General characteristics of the economy: • Over the last 30 years, the GDP grew from EUR 537 Financial, Real Estate & Professional Services 22,7% billion to EUR 2883 billion (constant 2015 EUR) – an average growth rate of 6% Agriculture, Livestock, Forestry & Fishing 17,7% • One of t. [...] Data exported on 13.09.2024 EU-Indian trade: Most relevant EU trading partners for India Top 10 most important EU27 trading partners for India, by imports to the EU27 and exports to India • EU is the most important trading Imports from India to EU27, in bn EUR Exports from EU27 to India, in bn EUR partner for India Germany Germany • Trade volume of around EUR 115 1.2 € 1.0 € 4.2 €9.0 € Italy Belgi. [...] Data exported on 19.07.2024 Value chain analysis: 7 industrial ecosystems with most promising potential for further cooperation Aerospace & Defence Digital Aeroplanes & other aircraft (EUR 4.1 bn) as well as • Strong Indian IT sector reaction engines (EUR 0.46 bn) key commodities • Telecommunications, computer, & information exported to India services account for 25% of all traded services between. [...] Key traded goods & commodities between India & the EU can be linked to several EU industrial ecosystems. [...] The currently negotiated Free Trade Agreement between the EU and India can be expected to further enhance trade relations.

Authors

Trigo Moran, Miguel

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9
Published in
Belgium

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