Hyderabad, 11 September 2025: Kellton (NSE: “KELLTONTEC”) (BSE: “519602”), a global leader in AI and digital transformation, today announced the signing of a Memorandum of Understanding (MoU) with Hungary-based E-Group ICT Software Zrt to collaborate on an AI Project under the EU– India Framework Agreement. As part of this MoU, Kellton will create capacity for AI services with the creation of a “AI Gigafactory” where the organization will lend expertise in software development and technology support.
Karanjit Singh, CEO (APAC), Kellton said, “We see this collaboration with E-Group as a pivotal step in shaping a sovereign, human-centric AI future. By bringing together Europe’s vision for AI sovereignty and India’s deep technology capabilities, we aim to contribute to the AI Roadmap initiative with expertise in AI, Generative AI, Cloud, and Cybersecurity. This partnership reflects our commitment to building secure, ethical, and globally scalable AI ecosystems.”
The collaboration will focus on building a sovereign, human-centric AI ecosystem that combines Europe’s emphasis on sovereignty and trusted innovation with India’s technology expertise and delivery capacity. Anchored in E-Group’s Budapest Initiative, the AI collaboration aims to deliver an integrated framework for AI, data processing, and cloud infrastructure that prioritizes transparency, security, and long-term resilience.
Antal Kuthy, Founder & CEO, E-Group ICT Software Zrt. said, “E-Group is dedicated to building sovereign, human-centric AI ecosystems in line with Europe’s strategic priorities. Partnering with Kellton under the EU–India Framework Agreement allows us to align Europe’s sovereignty objectives with India’s technology expertise. Together, through the AI Roadmap initiative, E-Group and Kellton can advance innovation that is secure, transparent, and globally relevant.”
The MoU between Kellton and E-Group ICT Software Zrt underscores the alignment between Europe’s vision for sovereign AI and India’s strength in innovation and technology delivery, setting a benchmark for cross-regional cooperation in building the next generation of AI ecosystems.
