An important Memorandum of Understanding was signed between JOIST Innovation Park and Adani University of India, in the presence of the Deputy Foreign Minister for Economic Diplomacy, Konstantinos Fragkogiannis, during the business mission of the Greek Government to India accompanying the Prime Minister, Kyriakos Mitsotakis.
The business mission includes three stops with several scheduled business-to-business meetings in the Asian country, New Delhi, Mumbai and Bangalore, aiming to develop business channels for the two countries and establish partnerships between Greek and Indian businesses.
JOIST participates in the business mission of the Greek Government with its Founder and CEO, Tasos Vassiliadis.
The Memorandum of Understanding
The Memorandum of Understanding is a new landmark in the cooperation between industry and academia in Greece and India, aiming to exchange knowledge, promote innovation, entrepreneurship and the leadership skills necessary for the 21st century. The collaboration between JOIST and Adani University helps create an ecosystem that embraces multicultural perspectives and prepares the young generation to seize opportunities and shape a better future.
More specifically, in collaboration with Variman Global Enterprise Ltd., JOIST Innovation Park established VJOIST, a joint innovation initiative. Variman is a leading BSE-listed company operating in the IT Hardware market, focusing on providing value-added services to students and budding entrepreneurs.
VJOIST has signed a Memorandum of Understanding with Adani University, one of India’s most prestigious academic institutions. Adani offers comprehensive education programs with a vision to educate and empower young people, encourage transformative research focused on real-world problems, and contribute to global sustainability through excellence at all levels.
Adani University was established by the Adani Group which is considered one of India’s largest conglomerates in the transport and utilities infrastructure sector. The Group is owned by businessman Gautam Adani, one of the world’s richest people.
JOIST Innovation Park
JOIST is the only Innovation Park in Greece and the largest in Southeastern Europe. From 2022, it is developing a phygital ecosystem that promotes innovation and enhances knowledge transfer through a solid European network. It is located in the centre of Greece, in Larissa. Within its more than 1,800 sqm premises, it offers a wide range of services and spaces for education, networking, working and collaborating, creating, events and development based on new technologies. It enhances the distribution and management of knowledge, stimulates entrepreneurship, multiplies the results and impact of businesses and creates cooperation networks.
This is one of the most critical projects for the local community, Greece and the wider European reality as it responds to the urgent call for the adoption of innovation and accelerated growth, helping to enhance competitiveness and facilitating entrepreneurship and job creation.
As early as spring 2023, JOIST executives had visited India and developed strategic partnerships to promote the organization’s services and growth beyond its borders, remaining true to their commitment to fostering international relationships that promote innovation and growth. In November of the same year, the Innovation Park signed a memorandum of understanding with the Indian company K&R Rail Engineering Limited. Subsequently, JOIST participated in designing and implementing the first internship programme for professional farmers from India in Greece, together with the University of Thessaly and the international group SALAS International Group s.a., in the framework of strategic cooperation between the two countries.
The value of JOIST Innovation Park goes beyond the borders of our country and is an example of how investing in innovation can lead to social well-being and prosperity.
The Next Steps
The collaboration between JOIST Innovation Park and Adani University is expected to flourish in 2024, systematically investing in extroversion, innovation generation and exchange, laying the foundation for the development of innovation spaces across India and contributing to the strategic cooperation between the two countries.
The Greek Government’s business mission to India is expected to conclude on Friday, 23 February, achieving its multi-level objectives.
