Archive · 8 Jun 2025
German Companies Eye India for Future Tech Manufacturing
German companies are looking to partner with Indian businesses.
They want to help India make things using new technology, such as in green energy and medicine.
India's growing economy, skilled workforce, and research and development hub status make it attractive.
These companies are experts in production, helping with everything from the first idea to manufacturing.
They are also waiting for the India-EU Free Trade Agreement to be finalized.
German companies seek Indian partners for technology collaborations.
Focus areas include green energy, semiconductors, and pharmaceuticals.
India's economic growth and talent pool are key attractions.
Indo-German Chamber of Commerce facilitates partnerships.
German companies await the India-EU Free Trade Agreement conclusion.
- Who
- German companies and Indian businesses
- What
- German companies seeking partnerships for technology collaborations in manufacturing, focusing on green energy, semiconductors, and pharmaceuticals.
- When
- Ongoing, with increased activity in the current fiscal year.
- Where
- India
- Why
- To explore business partnerships and invest in India's growing economy, specifically in manufacturing sectors.
India-EU Trade Agreement
N/A
FTA Importance
India-EU Trade Agreement
A concluded FTA is crucial for German companies to avoid falling behind competitors.
N/A
N/A
- Trade between Germany and India (2023-24)
- USD 26.10 billion
- Indian exports to Germany (FY24)
- USD 9.83 billion
- Indian imports from Germany (FY24)
- USD 16.27 billion
- Germany's ranking as a trading partner for India (April-October 2024)
- 10th largest