[{"bbox": [82, 154, 1151, 267], "category": "Text", "text": "Preparatory Action, was not able to meet the envisaged objectives of strengthening EU level policy advocacy in India. It was learnt that an EU-level Chamber should be industry driven and steered by EU businesses rather than the EU itself. Building on the lessons learnt from this action, it is now proposed to push for an industry driven Chambers, which will support EU priorities in India, notably to enhance EU-India trade relations."}, {"bbox": [82, 284, 1151, 683], "category": "Text", "text": "With regard to **Innovation and Digitalisation**, in preparation of an EU-India High level Digital Invest Forum, a Roundtable was organised on 23 July 2021, bringing policymakers, incubators, start-ups, investors, corporates, SMEs, and organisations together aiming at building bridges between India and the EU for digital investment. The main objective of this event was to stimulate a dialogue among key stakeholders on investment climate, challenges, and opportunities to collect analytical elements and suggestions helpful to boost business and investment growth driven by digital transformation. The scope of discussion encompassed elements of market access and investment (tools and resources, market and opportunities knowledge, investigation and prospective, support, facilitation schemes, collaboration, partnership and co-creation, regulatory framework, infrastructure, skills, access to finance, upscaling possibilities, transparency, predictability, security, privacy, human and financial mobility, etc.) specific to the digital universe. Some of the key recommendations were: (i) Support connecting the European and Indian innovation ecosystem, by targeting SMEs and start-ups, to co-create and co-develop in view of finding innovative and technology-driven solutions to connectivity challenges. (ii) Encourage private sector cooperation between both sides through EU and Indian business networks for enabling private investment and developing global and regional value chains; (iii) Connect the Unconnected; EU-India should collaborate to scale digital literacy."}, {"bbox": [82, 701, 1151, 1015], "category": "Text", "text": "From April 2018 to end 2020, a successful pilot initiative called ‘Europe-India Innovation Partnership (EIIP’) was conducted with budget support from DG RTD, aiming at fostering the innovation dimension of the EU-India partnership on research and innovation. The Platform allowed for a much better understanding of each other’s innovation ecosystems through matchmaking between key incubators from Europe and India. The Platform also allowed for connecting directly start-ups to corporates and investors and offering a platform to share opportunities and difficulties in penetrating new international markets. At the end of the 30 months pilot project, several corporates welcomed possibility to find partners through the Platform (taking advantage of some pre-selection done through prior matchmaking) but the time was too short to make it happen or at least support that connection. All stakeholders also underlined importance to get support in navigating through the Indian market (notably on IPR) and find partners. This new action could take his up by connection European and Indian innovators to other existing EU support actions (IPR Helpdesk for India; EEN; Horizon Europe programme)."}, {"bbox": [1028, 1682, 1143, 1706], "category": "Page-footer", "text": "Page 15 of 24"}]