India, Greece to deepen engagement, promote cross-border innovation partnerships

India's Commerce and Industry Minister Piyush Goyal is leading a high-level business delegation to Athens in Greece to participate in presentations and startup pitches at The Athens Startup Business Incubator (THEA) to showcase next-generation enterprises and promote cross-border innovation partnerships.

India's exports to Greece were valued at $.19 billion in 2024, while imports from Greece were valued at $170 million, with both sides looking to double bilateral trade by 2030. Trade is also expected to increase from the free trade pact between India and the European Union (EU).

The delegation will hold focused roundtable discussions with Indian and Greek industry leaders at the Athens Chamber of Commerce and Industry (ACCI), which are expected to cover sectors like infrastructure, digitalisation and defence, and food and agriculture, with an aim to identify new avenues for collaboration and strengthening private-sector partnerships.

The delegation will also visit several Greek enterprises to explore collaboration in advanced manufacturing and technology-driven sectors and to strengthen industrial synergies between the two countries.

A statement by India's Commerce Ministry said that the "programme (in Greece) will include a high-level business interaction bringing together leading stakeholders from both countries to explore opportunities for enhanced investment and commercial partnerships across priority sectors, interactions involving key business and institutional stakeholders aimed at deepening industry partnerships and expanding bilateral trade linkages."