India and Germany enjoy a strong partnership based on shared economic, strategic interests, and historical relationships.

India has always seen Germany as the most attractive technology partner.

Germany is India’s largest trading partner in the European Union and the seventh-largest foreign direct investor in India.

74 Indian companies have generated 11 billion euros annual revenues and employed nearly 23,300 people in Germany.

According to the ministry of external affairs, Germany’s total FDI in India from April 2000 until September 2017 amounted to US$ 10.63 billion.

Major German companies have already established manufacturing plants in India.

Currently, more than 1,600 German companies are operating in India through Indian partners or subsidiaries.

 Mittelstand ( small and mid-size companies in German-speaking countries) predominantly operate through JVs in india, there are over 500 such ventures at present.

German companies such as Adidas, Allianz, BASF, Bayer, Bosch, Carl Zeiss, DHL, Deutsche Bank, DMG Mori Seiki AG, Henkel, Abicor Binzel, Lufthansa, SAP, Puma, Siemens, T-Mobile, BMW, Mercedes, or Volkswagen employ over 300,000 workers in India.

More German businesses are looking forward to setting up their base in India as part of their global expansion strategy.

Share This