India and Belgium Deepen Economic and Strategic Cooperation

07 May 2025 CW Team

Union Minister of Commerce and Industry Piyush Goyal met with Belgian Minister of Defence and Foreign Trade Theo Francken and Minister-President of Flanders Matthias Diependaele in Brussels to advance India–Belgium economic cooperation. The meeting aimed to strengthen collaboration in trade, investment, technology, and innovation.

This engagement follows the March visit of Princess Astrid of Belgium to India, which renewed momentum in bilateral ties. Both sides discussed growing synergies in semiconductors, clean energy, defence production and pharmaceuticals, identifying the Flanders region as a key strategic partner due to its robust industrial and research ecosystem.

The meeting reviewed progress in the European Union–India Free Trade Agreement negotiations, with emphasis on removing tariff and non-tariff barriers. Goyal reaffirmed India’s status as a reliable and long-term economic partner, noting its transformative growth story and reform-driven environment.

Bilateral trade between India and Belgium reached USD 15.07 Bn in two thousand twenty-three to twenty-four. Belgian foreign direct investment into India stood at USD 3.94 Bn since April two thousand, with a thirty-nine per cent increase in the last year alone.

Both sides agreed to expand high-level dialogues and boost business exchanges to fast-track mutual growth.

Source:Press Information Bureau, Government of India

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..