1. We have a large homgoneous market where you can build a product and it’s expected it can succeed for hundreds of millions of Americans
2. EU is the easiest second market, and another step change of hundreds of millions of customers in a somewhat unified market
3. there’s not an easy 3rd economy that replaces EUs wealth, population, and comfort with English + technology
When we piss everyone off in the EU tech company growth gets kneecapped and limited to US / Canada. Theres not an easy market to expand to without much deeper focus on that specific market and its needs, for much fewer returns.
Today India invited President of EU commission on its republic day & I feel like there are discussions on signing free trade agreement.
I was in my car watching it live when I recognized the President of EU commissioner and I was like hey!!
I feel like friendly relations of EU and India are definitely on the rise & I have said this previously as well and talked to my other cousins/family who works in Coding and most agree that a deeper India-EU ties are possible.
One thing we were discussing is if EU could directly invest funds in Indian companies instead of going through 10 layers of councils/commissioning companies but to people who want to either build private solutions (Preferably open source?)
I do feel like that's inevitable too. EU's financing is something which I have heard is tricky within EU itself but there are some recent initiatives to stream line it and perhaps India can even integrate into it if its actually net positive for India.
Overall I feel like I am pretty optimistic about India EU relations (though I feel like I have bias but what do people from EU think respectfully?,I'd be more than happy to answer as I talked to my developer cousin about it for almost 2 days on how EU India integration especially in tech feels so good and inevitable haha :>)
Yes, India does seek russian oil but that's because I feel like India and russian trade deals have been from the start of cold war where America supported pakistan.
If you actually observe our history, we were hesitant about joining any block but it was the fact that America started investing in Pakistan which made us closer to russia.
I feel like the average person is either Ukraine supporting/Neutral for what its worth.
That being said, I feel like India's just looking out for its own interests. (Ahem America's attacking venezuela for oil)
I feel like if this is such an non-starter, then India has made its stance clear that its always willing to co-operate to grow its country and if EU gives a more lucrative deal to India. I feel like India can slowly decrease its dependence on Russian oil as well.
The thing is, EU right now is in this position because it got so reliant on America. We had seen this during cold war and we have always kept our cards open while still maintaining peace. I feel like India should look after its own interests first and foremost and see when objectives align (something canadian's PM said recently too and Trump got so angry on him that he's again talking about raising 100% tariffs)
Honestly full support to Ukraine. I hope a peace deal can be arranged in Ukraine-russia.
That being said, if you feel like EU's gotten a better partner (Americas invading Greenland, China's authoritarian, which other country has the tech innovation close to India?) then sure, I hope EU does whats in best of its incentives as well.
But my honest bet is that India is EU's best bet to move from American techno-dependence given recent Greenland crisis.