September 3, 2025
2 mins read

India, Germany Deepen Trade Ties

Bilateral trade has grown significantly over the past decade between the two nations, reaching a record high of around $33.4 billion…reports Asian Lite News

Amid significant and far-reaching changes on the global strategic landscape, India and Germany will work towards doubling the bilateral trade, External Affairs Minister (EAM) S. Jaishankar said on Wednesday, adding that together, they would like India-EU free trade agreement (FTA) negotiations to move to a decisive conclusion soon.

Bilateral trade has grown significantly over the past decade between the two nations, reaching a record high of around $33.4 billion (28 billion euros) in 2024.

In a press briefing with visiting German Foreign Minister Johann Wadephul, EAM Jaishankar said that in one of his earlier interviews, his German counterpart had said he was very confident that “we would be doubling our trade” with India.

“Let me assure him that India fully reciprocates that sentiment. We look forward to working with the German government towards this. I want to reiterate that we remain fully committed to continuously improving the ease of doing business in this country. I assured the minister today that any concerns that German companies may have in India — coming to India, establishing themselves, working here — we would be prepared to give it special attention,” the EAM stressed.

He also said that the “changes we see in the world today do influence our policies and do influence the manner in which we approach other countries”.

“We’re also seeing a lot of volatility on the global economic landscape, and I think together, they make a very powerful case for India and the European Union (EU) and India and Germany to work much more closely with each other. This is a relationship where there are considerable possibilities for fairly rapid growth,” EAM Jaishankar highlighted, adding that there are big changes underway in the world which “make a very compelling case for a deeper, stronger, wider India-Germany relationship”.

Wadephul said that India is Germany’s key economic trading partner, and more than 200 German companies are active in the country.

He called India a “rising economic powerhouse” with a “special importance” on the global stage, reaffirming Berlin’s full support for finalising the FTA between India and the European Union.

Germany was the 8th largest trading partner for India in 2024-25. It was India’s 12th largest trading partner in 2023-24 and 11th largest trading partner in 2022-23. Germany is the 9th largest foreign direct investor in India with a cumulative FDI of $15.11 billion from April 2000 to March 2025.

Previous Story

India to Build Oz Homes?

Next Story

Air Pollution Fuels Infections

Latest from -Top News

US Urges India to Rethink Russian Oil Imports

Wright emphasised the priority of ending the conflict while strengthening US-India ties…reports Asian Lite News United States Energy Secretary Chris Wright urged India to reassess its oil imports from Russia, stressing that

Trump, Shehbaz Set for Oval Office Talks

Sharif will arrive in Washington after attending the 80th United Nations General Assembly in New York….reports Asian Lite News US President Donald Trump will hold high-stakes bilateral meetings on Thursday, including a

Farooq Abdullah Urges Dialogue After Ladakh Unrest

Dr Farooq Abdullah warned the Central government that neglecting their long-standing demands could deepen unrest in the sensitive Himalayan region….reports Asian Lite News Former Jammu and Kashmir Chief Minister and National Conference

Nepal lets Gen-Z in on the vote

Nepal clears way for Gen-Z voters with urgent ordinance, as interim PM Sushila Karki expands cabinet, prepares for March 2026 polls, and secures strong support from India….reports Asian Lite News Nepal has

Jaishankar pushes for UNSC reforms 

India hosts joint ministerial with L69 and C10 blocs as External Affairs Minister deepens diplomatic outreach on UNGA sidelines…reports Asian Lite News External Affairs Minister, S Jaishankar, on Wednesday placed the spotlight
Go toTop

Don't Miss

India-China Hold Border Talks, Commit to Peace, Tranquillity

The two sides also shared their perspectives on this in

We have done a good job in Kashmir, says Jaishankar 

Speaking at Chatham House, Jaishankar says the government wants the