Partners in Progress
29 Jan 2025 CW Team
With $ 33 billion in bilateral trade in 2023, the partnership between India and Germany spans diverse sectors, including green hydrogen and Industry 4.0. SMEs, skill development and sustainability initiatives are key focus areas, driving economic progress. The alliance exemplifies strategic global cooperation and offers a blueprint for success, as discussed at a webinar hosted by FIRST Construction Council, in association with “Construction World”, “Smart Manufacturing & Enterprises” and “Equipment India” on 17 January 2025.
From trade to technology
The Indo-German relationship has evolved from basic trade to multifaceted collaboration, with over 1,800 German companies operating in India. Machinery forms nearly a third of the $ 33 billion bilateral trade, with key growth sectors like renewable energy, digitalisation, and green hydrogen...