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German Machinery Exports to India
VDMA India conducted the VDMA Business Climate Survey to analyse the impact of COVID-19 on the German Mechanical Engineering industry in India.
Indo-German Engineering Trade in 2019
India is the second-largest sales market in Asia for the German engineering industry.
Greater Potential
Indian industry has great potential for Germany especially in the areas of manufacturing, infrastructure and energy which are major growth sectors in India.
Indo-German Trade in Engineering Sector in 2018
In 2018, the total import of machinery from Germany reached a value of ?3.40 billion. Germany is known globally for its engineering technology.
Indo-German trade volume grew 13.5 per cent during first half of 2015
German companies in India are looking forward to the implementation of GST in 2016 which would help in the ease of doing business here, says Rajesh Nath, Managing Director, VDMA India.
Many German companies plan to invest more in India
An overwhelming majority of bC India exhibitors (79 per cent) expect the economy in the region to improve and to continue growing, says Rajesh Nath, Managing Director, VDMA India Services.