India and Germany have agreed to work towards doubling their trade, which reached $33.4 billion in 2024. Both nations support a speedy conclusion of the India-EU FTA. Germany remains a key investor and trading partner for India
India is actively negotiating Free Trade Agreements (FTAs) with multiple countries including the US, EU, Oman, Chile, Peru, and New Zealand, Commerce Minister Piyush Goyal said during the BT India @100 event. With India now the world’s fourth-largest economy, Goyal affirmed that the nation is on track to become the third-largest.
