28: Kula Connect Digest October | Milestones, Events, and Changes Ahead
Amul is gearing up for its entry into Europe, while Danone intensifies its focus on India. Sarla Aviation is making headlines, and we’re excited about our upcoming event in Paris!
Hello Kula Community! 👋
Welcome to the Kula Connect Digest, a monthly recap to help you navigate the Indo-European landscape and make you actively involved in Kula’s future.
Today you are reading Kula Connect October digest!
You’re new to Kula? Learn more about us here
What can you expect from Kula Digest?
🚀 Kula Connect Progresses & What’s next: We'll make you part of our journey building Kula
🚨 This week top Headlines 🚨 Selection of news regarding Europe and India
📊 The Big Read Articles and reports worth to read not strictly related to the newsletter
📈 Figure/graph of the month
📅 Upcoming Events
👩💻 Kula’s Jobs Recommend: Open positions at Companies we interact with!
🚀 Kula Connect Progresses & What’s next
As mentioned in our recent newsletters, we have transitioned to a bi-monthly cadence and have been experimenting with this approach over the past month. We now feature one newsletter dedicated to interviews and another Digest highlighting key news and events.
This decision was made after recognizing how time-consuming the newsletter was, allowing us to refocus our efforts on activities such as events, partnerships, and community building.
What are your thoughts on this change?
Kula Connect was founded with the mission of bridging Europe and India to foster a thriving ecosystem. To achieve this, our recent strategy has focused on collaborating with organizations in the Indo-European space.
On the same page, we are excited to announce our upcoming event in partnership with Dimensions France: Career Compass Summit
🗓 Date: October 26th
🕘 Time: 9 AM to 12 PM
📍 Location: Paris (soon to be announced)
This free event will provide a valuable networking opportunity for newcomers to France, connecting them with professionals, entrepreneurs, and fellow students. Attendees will gain insights into navigating the French job market and exploring business opportunities between India and France. It’s an ideal platform for newcomers to build connections, acquire knowledge, and discover cross-border opportunities.
Moreover, we are also planning to organize additional events in Milan and Paris to further strengthen collaboration between India and Europe, so stay tuned for more updates!
Top Headlines 🚨
Amul, India’s largest dairy cooperative, is preparing to enter the European market following a successful launch in the US. Known for its wide range of dairy products, Amul plays a key role in India’s position as the world’s largest milk producer. 🌍🥛 [The Economic Times]
Danone, the French consumer goods giant, is expanding in India to strengthen its presence in the fast-growing market. It plans a €20 million investment and strategic partnerships to boost its small market share. [Financial Times]
On October 3, 2024, the “Defence Industry Forum” between Italy and India took place aboard the Italian Navy aircraft carrier Cavour in Goa. The event, focused on boosting military and industrial cooperation, explored opportunities for joint projects in naval systems, electronic warfare, and cyber defense. 🇮🇹🇮🇳 [Italian Ministry of Defence]
Interesting Reads 📊
In our 5th newsletter, we featured an exclusive interview with Adrian Schmidt, founder and CEO of Sarla Aviation, where he shared exciting insights about their journey building the first eVTOL startup in India.
This past week, Sarla Aviation made headlines again, marking a major milestone in the aviation industry. They’ve officially partnered with Bangalore Airport to launch their new fleet of electric vehicle taxis—bringing a sustainable and efficient transportation option to one of India’s busiest airports.
They also announced a strategic partnership with BLADE India, aimed at jointly developing eVTOL infrastructure, identifying key routes, and conducting market analysis. This collaboration lays the groundwork for a future where flying taxis become a seamless part of urban mobility and public transportation systems.
We can’t wait to take a ride in one of these groundbreaking electric taxis!
📈 Figure/graph of the month
B2B marketplaces in India are poised for significant growth, fueled by the country's largely unorganized B2B economy and fragmented supply chain. While B2B e-commerce represented only 1% of the market in 2022, it's projected to grow to nearly 5% by 2030. By then, online-first, tech-enabled B2B marketplaces are expected to become a $200 billion market opportunity. However, despite this expansion, online B2B GMV will still make up only 5% of the total B2B business in India, much lower than in other countries. (Bessemer Venture Partners)
Is it time to build in the b2b e-commerce space in India?
📅 Upcoming Events
🇮🇹 India & Italy Business Meet | Fidenza | October 29
🇮🇳 17th Urban Mobility India Conference cum Exhibition 2024 | Gandhinagar | October 25 -27
🇮🇳 India International Silk Fair | New Delhi | November 7 - 9
🇮🇳 IFCCI CSR Conclave and Awards – Sixth Edition | New Delhi | November 14
👩💻 Kula’s Jobs Recommend:
Finance Manager - Sarla Aviation (Bangalore)
Senior Operations Manager - South India - Flix (Bangalore)
Product Owner - BNP Paribas (Chennai)
Thank you for having read the Kula Connect monthly digest newsletter.
This type of newsletter allows us to keep you, our community informed and engaged and to create value by sharing with you all the events and news in this space.
If you have any suggestions on things to improve or add to the Digest, please feel free to contact us and we will be happy to receive your feedback!!