Europe

In a strategic move that underscores the growing significance of biosimilars in global healthcare, Indian pharmaceutical giant Lupin has entered into an exclusive partnership with Zentiva, a prominent European generics player, to market and distribute its proposed biosimilar version of certolizumab pegol. This collaboration positions both companies to tap into the lucrative European market for biologic therapies targeting autoimmune conditions.

In a significant boost to India’s defence manufacturing sector, Bengaluru-headquartered Axiscades announced a strategic agreement with European missile systems giant MBDA to set up a cutting-edge defence facility in Karnataka. The collaboration, formalized through Axiscades’ wholly owned subsidiary, Axiscades Aerospace and Technologies, will see the creation of a specialized unit at the Aerospace Park near Kempegowda International Airport, Bengaluru. The facility is set to house test laboratories, infrastructure for missile launchers, and sophisticated systems engineering capabilities.

Tata Consultancy Services (TCS) has joined forces with the Council of Europe Development Bank (CEB) to revamp and automate the bank’s reconciliation operations using its proprietary TCS BaNCS platform. By leveraging artificial intelligence and automation, the collaboration aims to increase operational transparency, reduce manual workloads, and accelerate transaction processing. The initiative represents a significant leap toward operational modernization within multilateral financial institutions, equipping CEB with a scalable and efficient digital backbone.

Bengaluru-based electric motorcycle innovator Ultraviolette has announced its entry into the European market with the launch of its flagship F77 MACH 2 and F77 SuperStreet models. This strategic move marks the company’s first major push into international territories as it targets generating up to 35% of its revenue from exports by 2028. With Europe chosen for its mature motorcycling culture and stringent regulatory standards, Ultraviolette plans to export fully built units from India and expand through regional distributors.

Air India has expanded its integrated self check-in and baggage drop service to passengers travelling from India to all destinations in Europe, the United Kingdom, and Canada. Initially launched for flights to the US, Australia, and domestic routes, the service aims to offer passengers a smooth, digital process for check-in and baggage handling. This new expansion covers 19 international airports, reducing wait times and improving convenience for travellers.

India is signaling a robust shift in its international trade and investment diplomacy by proposing dedicated industrial enclaves for Italian businesses. Commerce and Industry Minister Piyush Goyal, during a high-level business forum in Italy, extended a strategic invitation to Italian firms to establish manufacturing hubs within India’s expanding industrial corridors. This initiative, backed by a Rs.

In a landmark move, Gujarat Co-operative Milk Marketing Federation Ltd (Amul) has partnered with Spain's renowned dairy cooperative, COVAP, to introduce Amul Milk in Spain and across the European Union. The partnership will initially launch in major Spanish cities such as Madrid and Barcelona, with plans for further expansion across Europe. This collaboration not only marks Amul’s first entry into the European market but also underscores the global reach of Indian cooperatives.

In a strategic move to solidify its position in international aviation, IndiGo has appointed Ton Dortmans—former KLM executive—to lead the technical induction of Airbus A350 aircraft and bolster the airline’s Maintenance, Repair, and Overhaul (MRO) operations. As the airline prepares for the delivery of its first wide-body A350s in 2027, powered by Rolls-Royce engines, Dortmans’ expertise will be pivotal in navigating uncharted operational and technical territory.

Aurobindo Pharma reported a slight decline in consolidated net profit for the quarter ended March 2025, registering Rs 903 crore compared to Rs 907 crore in the same period the previous year. Despite the minor quarterly dip, the Hyderabad-based pharmaceutical major closed the financial year on a strong note, with annual profit rising 10% to Rs 3,484 crore and revenue reaching an all-time high of Rs 31,724 crore. The company credits its strong performance to robust European operations, volume-led growth, and a diverse product portfolio.

In a significant move to enhance bilateral trade and sustainable logistics, India's Commerce Secretary, Sunil Barthwal, has initiated discussions with the Port of Rotterdam to establish a green and digital corridor for the export of green hydrogen to Europe. This collaboration is seen as a major step in advancing port modernisation, green shipping, and digitalisation of logistics. The move is aligned with India's Maritime Vision 2030, which seeks to modernise ports and improve logistics efficiency.