EU and India Launch Rs 39.4 Bn Joint Green Tech Projects

21 May 2025 CW Team

In a move to tackle pressing environmental issues, the European Union and India have jointly launched two major research and innovation initiatives under the EU-India Trade and Technology Council (TTC), with a combined investment of EUR 41 million (Rs 3.94 billion).

According to a statement by the EU Delegation to India, these projects focus on combatting marine pollution and developing waste-to-renewable hydrogen technologies, aligning with global sustainability goals and national policies such as India's National Marine Litter Policy and the EU’s Zero Pollution Action Plan.

The first initiative will address marine plastic litter and pollutants such as microplastics and heavy metals. It is backed by EUR 12 million from the EU and Rs 900 million (EUR 9.3 million) from India’s Ministry of Earth Sciences (MoES).

The second initiative focuses on renewable hydrogen production, with EUR 10 million from the EU and Rs 900 million (EUR 9.3 million) from the Ministry of New and Renewable Energy (MNRE). This call aims to create efficient, cost-effective hydrogen solutions that support energy security and climate goals.

Both funding calls are open to Indian and European start-ups, SMEs, universities, research institutes, and NGOs, with submission deadlines in September 2025.

Additional collaborative calls are planned for 2026, including on EV battery recycling and wastewater treatment. Together, these initiatives signal a robust commitment to joint innovation and sustainable development, further strengthening EU-India strategic ties.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..