: EUIndia Strategic Partnership to focus on AI & Robotics, Circular Economy, Electric Mobility & Agrifood processing #FinanceIndia #StockMarketNEWS EU-India Strategic Partnership to focus on AI & Robotics,

@StockMarketNEWS Mon 22 Feb, 2021

Posted in: #FinanceIndia #StockMarketNEWS

EUIndia Strategic Partnership to focus on AI & Robotics, Circular Economy, Electric Mobility & Agrifood processing #FinanceIndia #StockMarketNEWS
EU-India Strategic Partnership to focus on AI & Robotics, Circular Economy, Electric Mobility & Agri-food processing New Delhi, Feb 22 (KNN) The European Commission has hosted the 13th Joint Steering Committee on Science and Technology Cooperation meeting to develop and adopt a long-term strategic perspective for India-EU collaboration in research and innovation.

The two sides appreciated the achievements under India –EU science, technology Innovation cooperation and decided to create an action-oriented agenda that can be implemented within the agreed timeline at the meeting co-chaired by Director-General for Research and Innovation of the European Commission (EC), Jean-Eric Paquet, on the EU side and secretary of the Department of Science and Technology (DST), Government of India, Professor Ashutosh Sharma.

Taking into account the Joint Statement and the ‘EU-India Strategic Partnership: A Roadmap to 2025’, adopted at the EU-India July Summit, both sides have shown keen interest for possible cooperation on information communication technology (ICT), in particular, cyber-physical-systems (ICPS), including artificial intelligence and robotics, circular economy and resource efficiency (waste-to-energy; plastics; etc. ), electric mobility and sustainable agri-food processing and so on.

The important role of Mission Innovation to concentrate efforts on research and innovation to accelerate the clean energy transition, necessary for a carbon-neutral planet was underlined, cooperation on health beyond Covid-19 pandemic areas through global fora was also reinforced. Both sides also underlined the cooperation on polar sciences and discussed future cooperation under Horizon Europe at the virtual meeting.

The two sides reiterated their commitment to human capital development, including researchers’ training and mobility, based on mutual interests and reciprocal promotion of each other’s equivalent programs, aiming at a more balanced flow of researchers between Europe and India.

Indian side presented the key elements of new Science, Technology and Innovation Policy (STIP 2020), which aim to create a fit for purpose, accountable research ecosystem promoting translational as well as foundational research; indigenous development of technology, technology indigenization; facilitating open Science; equity and inclusion.

The Indian side proposed Implementation Arrangement (IA) for co-funding future joint projects under India-EU Science, Technology, and Innovation Cooperation to streamline the process of collaboration and to address certain issues on project evaluation, selection, funding, monitoring, and also IPR sharing/data sharing/materials/equipment transfer mechanism and so on.

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