Latest News

Luxembourg headquartered B Medical Systems signs a MoU with the Government of Gujarat Statement 09/12/21 06:15:00

The Luxembourg headquartered global leader in vaccine cold chain, B Medical Systems , has recently signed a MoU with the Government of Gujarat as part of the Investment Promotion Activity for the Vibrant Gujarat Summit 2022 . According to the signed agreement, an amount of INR 100 Crore will be invested for the manufacturing of medical and cold chain equipment aimed at supporting the Indian healthcare system. The MoU was signed in the presence of the Chief Minister of Gujarat, Mr. Bhupendra Patel and by the Deputy CEO of B Medical Systems, Mr. Jesal Doshi. Read more..

The first call of ESRIC Startup Support Programme opens today Statement 24/11/21

The first call for the newly launched Startup Support Programme by the European Space Resources Innovation Centre (ESRIC) opens today during the NewSpaceEurope2021 Conference held in Luxembourg. The Start-up Support Programme (SSP), the first incubation programme worldwide entirely dedicated to space resources utilisation, aims at supporting early-stage ventures and start-ups designing novel technologies for space resources applications in refining their business plan, attracting customers and securing their first investments. For further details of the programme and other queries, please register below to join the online information session to be held today at 12:00 pm (CET) or 04:30 pm (IST)
https://inevent.uk/en/LuxembourgSpaceAgency-1623094518/NewSpaceEurope/purchase.php
Luxembourg moves up in the Green Global Financial Index (GGFI 8) Statement 17/11/21

With its financial centre being placed 2nd highest in the EU and 5th globally in the latest Global Green Financial Index (GGFI 8), Luxembourg’s green financial credentials have been reconfirmed. Read more..
Visit of the Indian Delegation to the Luxembourg Stock Exchange and ArcelorMittal HQ Statement 15/11/21

During the 1st Foreign Office Consultations between Luxembourg and India held last week, the visiting Indian delegation led by Mrs. Reenat Sandhu, Secretary (West) of the Ministry of External Affairs of Government of India, was welcomed by the CEO of the Luxembourg Stock Exchange , Mrs. Julie Becker to have an exchange on the Luxembourg-India cooperation in the area of sustainable finance. In addition, Mrs. Sandhu was welcomed at ArcelorMittal Headquarters by Mr. Michel Wurth a Member of the Board of ArcelorMittal to discuss the expanding presence of ArcelorMittal Nippon Steel (AM NS) in India.
1st India – Luxembourg Foreign Office Consultations Statement 12/11/21

The first ever Foreign Office Consultations between India and Luxembourg were held on 12 November 2021 in Luxembourg. They were co-chaired by Ms. Reenat Sandhu, Secretary (West), Ministry of External Affairs, Government of India and Ms. Sylvie Lucas, Secretary General, Ministry of Foreign and European Affairs of Luxembourg. The Consultations were institutionalized as an outcome of the bilateral Summit between H.E. Mr. Narendra Modi, Prime Minister of India and H.E. Mr. Xavier Bettel, Prime Minister of Luxembourg in November 2020. Both sides reviewed the recent developments in India-Luxembourg relations in light of the positive impetus given to the bilateral ties by the Virtual Summit. The Co-Chairs held wide ranging discussions on all aspects of bilateral relations and on ways to further expand economic links and deepen cooperation in areas of finance, steel, space, ICT, innovation, start-ups, manufacturing, automotive, sustainable development, renewable energy, and the fight against climate change. Read more..
ESRIC launches world’s first startup support programme dedicated to space resources Statement 12/11/21

The Luxembourg headquartered European Space Resources Innovation Centre (ESRIC) has recently launched Startup Support Programme (SSP), the first programme worldwide dedicated to commercial initiatives in the field of space resources and utilisation. The ESRIC SSP was launched by Mr. Mathias Link, the ESRIC Director, in presence of the Luxembourg’s Minister of the Economy, Mr. Franz Fayot and the representatives of the European Space Agency (ESA) , the Luxembourg Space Agency (LSA) and the Luxembourg Institute of Science and Technology (LIST) . The SSP will support the specific needs of early stage ventures/start-ups to prove their technological value proposals and enable the development of near-term sustainable business models targeting terrestrial/space applications and Space Resources utilization. The programme will be run jointly with ESA and Technoport , the leading technology incubator in Luxembourg. Two application calls, open to all start-ups worldwide, will be implemented on a yearly basis. The first call is expected in November 2021. Read more..
Luxembourgish movie ''Hytte'' showcased at the EU Film Festival India 2021 Statement 11/11/21

The Luxembourgish movie "Hytte" is being showcased at the 26th edition of the EU Film Festival India which is available in a virtual avatar allowing free streaming from 1-30 November. For registration, please visit the link: https://bit.ly/3F4KbjE
Rotarex featured in the latest EU - India report on Economic and Trade Partnership Statement 11/11/21

The Luxembourg headquartered global leader in valves and equipments for pressurised gas applications, Rotarex , has been featured in the report “EU-India: A broad economic and trade relationship” published by the EU Delegation in New Delhi highlighting the investments from EU companies in India. Read more..