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Estonia invites Indian students for post-graduate studies

IANS  |  Chennai 

is inviting Indian students and start-ups to study and incubate their there, said Palo, the European nation;s for and

She also said the sectors important for were information and (ICT), timber and

"can offer its expertise in the fields of ICT, cyber security, and smart cities. But first we have to introduce our country to We don't play cricket," Palo told IANS here late Saturday.

Estonia, a country with a population of 1.3 million, is the first country in the world to have and digital signatures.

"Currently there are around 250 Indian students pursuing their post-graduation in Estonia. There is no tution fee for students there. Till under graduation, the language of instruction is in Estonian. So only post graduate courses are there for Indian students," Viljar Lubi, Vice Minister, told IANS.

Palo said over 1,000 Indians have taken up in Estonia with which they can set up companies, transact and pay taxes but cannot settle down as a citizen.

She said around 30,000 have been issued since 2014 when the scheme was launched.

"Now we are focusing on those who are really interested in setting up businesses online in Estonia for issuing e-residency," Palo said.

According to Palo, Estonia is interested in expanding bilateral trade with which currently stands at around $200 million.

India and equipment, garments, knitwear, iron and steel, leather products, coffee, tea, spices, to Estonia and imports electrical machinery, paper, paperboard and paper pulp.

Part of Palo's delegation includes some Estonian involved in for vehicles, building automation (residential, commercial) and others.

"We are interested in offering our IOT (Internet of Things) solutions to vehicle makers, fleet operators. With our solution a person can get varied data about his vehicle/fleet," Teet Praks, Sales and Development, of told IANS.

Praks said his company is offering the solutions to an Indian and is talks with a major two

He said the solution can also be fitted by bicycle manufacturers in their products.

"Our solution aims at reducing the in a building-residential, hospitality and commercial," Ravio Raestik, Director, said.

He said the Estonian company would like to participate in the smart city project in India.

During her visit here, Palo met Tamil Nadu Chief K.Palaniswami, for Industries M.C. Sampath and Minister for M. Manikandan and also inaugurated the on Friday.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, March 11 2018. 10:22 IST