Denmark is setting up an innovation centre in Bangalore, extending the co-operation between the two countries to address the talent shortage and innovate frugally. This is expected to be operational by September. “India, with its ability to develop low-cost applications and technologies, can be the gateway to Africa. This is a just small step, but we hope for an extended collaboration with Indian corporates and institutions…,” said Danish Ambassador to India, Freddy Svane. It would recruit about eight people — six from India and two from Denmark — for the innovation centre. Denmark is also inviting Indian firms to set up operations in the country. At present, the Nordic country’s trade with India is just one per cent of its total trade and largely comprises pharmaceutical products.
At present, there are about 25 Indian companies in Denmark that has a population of just 5 million. Of the total 25 companies, 20 are IT companies, including Tata Consultancy Services (TCS), Cognizant Technologies, L&T Infotech and Mahindra Satyam among others.
TCS, with its Co-Innovation Network or COIN, has been present in the Danish market for more than 19 years, and the Nordic region for the past 22 years.
“All Nordiac countries have strong and stable economy, and are also wealthy and politically stable nations,” said Helge Pedersen, Global Chief Economist at the Scandinavian bank Nordea.
Keywords: innovation centre in Bangalore, Denmark, talent shortage
Comments:
India should all Scandinavian countries to have JV partnership for production and
industries in In dia -mass produce high quality products for international markets
with Economic scale in production- reverse engineering - frugal engineering and
innovation.
be a factory to the world concept.
To educate 500 million young indians with high quality and high standard
education system with skills., we need to have right partners who have evolved
and arrived at the international scene with high quality products like the
scandinavians-Japanese -Germans- Europeans.
India should invite them all one by one to set up R&D centres- Labs-Business
partnerships- student exchange programmes.
Lab to land -lab to industries philosophy -work ethics - work standards-
International standards are to be strictly implemented in india.
Let ISO kind of certification be obligatory- Leed - environmental prerogatives
should be imposed and duly supported by central and state govts.
.Introduce technical institutions with these nations in every state.
Knowledge industry is a big business.
Tap the right skills -so humanity can benefit and improve life standards.
work in synergy for the benefit of all nations.
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