India and EU Strengthen Technology and Trade Partnership

India and the European Union are taking major steps to strengthen their technology and industrial partnership. Union Commerce and Industry Minister Piyush Goyal held a series of high-level meetings with European business leaders in Brussels on July 14 and 15, 2026, to expand trade, investment, and innovation.

During his visit, Piyush Goyal met Alain Queverin, CEO of Thales Belgium, to discuss cooperation in defense, aerospace, and advanced technologies. Both sides explored new opportunities to build stronger industrial partnerships and encourage technology sharing between India and Europe.

The minister also met Jean Christophe Bogaert, Managing Director of the Silox Group. Their discussions focused on expanding cooperation in the chemical sector, increasing industrial production, and boosting trade in high-performance manufacturing. The talks highlighted the growing importance of collaboration in advanced industries.

On July 15, External Affairs Minister S. Jaishankar joined Piyush Goyal for meetings with leading European business executives. Together, they discussed ways to strengthen supply chains, promote investment, and encourage technology transfer between India and the EU. The leaders also explored joint research in emerging sectors, including artificial intelligence, green energy, semiconductors, and advanced manufacturing.

These meetings reflect India’s strategy to become a global manufacturing and technology hub while reducing dependence on single-source supply chains. European companies are also looking to expand their presence in India as businesses seek more reliable and diversified production networks.

Experts believe stronger India-EU cooperation could increase trade, create new jobs, attract foreign investment, and accelerate innovation. The partnership is expected to support clean energy projects, digital transformation, and sustainable industrial growth.

The Brussels meetings mark another important step in strengthening India-EU economic relations. As both sides continue working together, the partnership is expected to boost technological development, improve global supply chain resilience, and create new business opportunities for the future.