Thursday, 01 Oct 2026 Breaking: INS Trishul joins French Navy in Toulon for 24th edition of Exercise Varuna
BREAKING: Apple launches AI platform | Tesla earnings beat estimates | Nvidia stock surges | Bitcoin crosses major resistance
Business

India, Denmark discuss deeper cooperation in MSME innovation, technology and startups

India, Denmark discuss deeper cooperation in MSME innovation, technology and startups

Copenhagen [Denmark], August 28 (ANI): India and Denmark discussed strengthening cooperation in the MSME sector, innovation and technology during the fourth Joint Working Group (JWG) meeting between the two countries in Copenhagen, according to updates shared by the Ministry of Micro, Small and Medium Enterprises.
The discussions involved the Ministry of MSME and the Danish Patent and Trademark Office (DKPTO), with the Indian delegation also engaging with Danish institutions and the Nordic startup ecosystem over the course of the visit.
"The meeting reaffirmed the shared commitment to advancing innovation, technology and IP-led growth for MSMEs and deepening bilateral cooperation," the Ministry said in a post on X.
On the third day, the delegation interacted with Denmark's Ministry of Business and Competitive Affairs to exchange views on business development, innovation and the SME ecosystem. It also participated in the closing panel session of TechBBQ, a Nordic startup event.
Dr Rajneesh, Additional Secretary and Development Commissioner, Ministry of MSME, and Maria Skou, Deputy Director General and COO of DKPTO, participated in the panel discussion.
"The engagements provided the Indian delegation with practical insights into Denmark's approach to SME development, innovation and startup support," the Ministry said, adding that interactions with Danish institutions and the Nordic startup community offered opportunities to identify areas for future cooperation and knowledge exchange.
Earlier, the delegation visited Aarhus University Innovation "Kitchen" and Agro Food Park to understand Denmark's ecosystem for startup mentoring, fundraising, industry-academia linkages and business clusters. India also shared its experience with cluster-based MSME development.
India and Denmark have taken to deepen their economic ties. The two countries established a Green Strategic Partnership in 2020, covering areas including trade, investment, innovation and cooperation involving small and medium enterprises.
The bilateral trade in goods between India and Denmark stood at USD 2.05 billion in 2025, while bilateral trade in services was USD 4.25 billion. Around 200 Danish companies have invested in India, while about 40 Indian companies have a presence in Denmark.
MSMEs account for around 31.1 per cent of India's GDP, 35.4 per cent of manufacturing output and 48.58 per cent of exports, according to the Economic Survey 2025-26. (ANI)

Tags

Related News

ICEYE, Nokia join hands to launch secure, sovereign satellite communications for governments and defense customers
Business
ICEYE, Nokia join hands to launch secure, sovereign satellite communications for governments and defense customers

<p>Helsinki [Finland], October 1 (ANI): ICEYE and Nokia have partnered to develop secure and sovereign broadband low Ear...

Ralith Realty Launches Its First Built-Up Villa at Ralith Retreat, Panipat
Business
Ralith Realty Launches Its First Built-Up Villa at Ralith Retreat, Panipat

<p>NewsVoir<br/>Panipat (Haryana) [India], October 1: Ralith Realty has announced the launch of its first built-up villa...

InSolare Energy Unveils New Brand Identity, Marking Its Evolution into an Integrated Net Zero Solutions Provider
Business
InSolare Energy Unveils New Brand Identity, Marking Its Evolution into an Integrated Net Zero Solutions Provider

<p>PRNewswire<br/>Ahmedabad (Gujarat) [India], October 1: <a href="https://www.insolare.com/" rel="noopener" target="_bl...

Market slide continues as bond yields at multi-year highs, Sensex falls 571 points, Nifty ends 0.88% lower
Business
Market slide continues as bond yields at multi-year highs, Sensex falls 571 points, Nifty ends 0.88% lower

<p>Mumbai (Maharashtra) [India], October 1 (ANI): The benchmark indices closed lower on Wednesday, with the Sensex decli...

Beyond Veneers: How USD by Advance Dental Export Is Redefining the Way India Looks at Smile Design
Business
Beyond Veneers: How USD by Advance Dental Export Is Redefining the Way India Looks at Smile Design

<p>VMPL<br/>New Delhi [India], October 1: For years, conversations around cosmetic dentistry have often started with a t...

Durga Puja 2026: Kolkata's Ultimate Pandal-Hopping, Food and Shopping Guide with inDrive
Business
Durga Puja 2026: Kolkata's Ultimate Pandal-Hopping, Food and Shopping Guide with inDrive

<p>VMPL<br/>Kolkata (West Bengal) [India], October 1: Durga Puja turns Kolkata into a city that never quite stops moving...