India and Estonia are set to deepen their economic and technology partnership, with Commerce and Industry Minister Piyush Goyal highlighting opportunities to combine Estonia’s digital expertise with India’s scale, talent and manufacturing capabilities to develop globally competitive solutions and strengthen the broader India-Europe partnership.
Addressing the India-Estonia Business Forum, Goyal on Friday said the recently concluded India-EU Free Trade Agreement would open new avenues for trade, investment and technology partnerships, while cooperation between the two countries could expand across digital public infrastructure, cybersecurity, artificial intelligence, quantum computing, manufacturing and defence technologies.
“I think together, we can combine Estonia’s agility and technical depth with India’s scale and talent and possibly also our design capabilities, which will help make your technologies scalable, more affordable, more cost competitive, and help you take your trusted digital solutions to Africa, to other parts of Asia,” Goyal said. He said Estonia could serve as a key gateway for Indian businesses seeking greater access to the Nordic-Baltic region and the European market, while Indian manufacturing capabilities could provide Estonian companies with competitive access to sectors such as electronics, machinery, chemicals, pharmaceuticals and processed food.
