Piyush Goyal Holds Talks with German Industry Leaders to Boost India-Germany Economic Ties
Union Minister of Commerce and Industry Piyush Goyal has concluded his two-day official visit to Germany, with a series of engagements in Berlin focused on strengthening bilateral trade, investment,...
Union Minister of Commerce and Industry Piyush Goyal has concluded his two-day official visit to Germany, with a series of engagements in Berlin focused on strengthening bilateral trade, investment, advanced manufacturing and research cooperation.
During his visit on October 23, the Minister held discussions with senior German government officials, business leaders, research institutions and members of the Indian diaspora to explore opportunities for expanding economic and industrial collaboration between the two countries.
Goyal held a bilateral meeting with Levin Holle, Economic and Financial Policy Advisor and G7/G20 Sherpa at the German Federal Chancellery. The discussions focused on bilateral economic cooperation and ways to further strengthen trade and investment ties between India and Germany.
Engagements with German Industry Leaders
The Minister also held separate meetings with Bernd Montag, CEO of Siemens Healthineers AG; Carsten Coesfeld, Member of the Executive Board of Bertelsmann and CEO of Bertelsmann Investments; and Holger Peters, CFO of Volkswagen AG and CEO of Škoda Auto.
The meetings explored opportunities to expand business partnerships, investment and industrial cooperation between the two countries.
Goyal also participated in a roundtable with representatives of leading German industrial research institutions to discuss collaboration in advanced industrial technologies and innovation. Members of the accompanying Indian business delegation held sector-specific discussions with German industry representatives and associations to identify opportunities for bilateral business partnerships.
Focus on Research and Emerging Technologies
As part of his engagements with Germany’s research and innovation ecosystem, the Minister interacted with Indian science and technology researchers and students based in the country.
He also held a roundtable with heads of selected Fraunhofer Institutes, focusing on areas including microelectronics, power electronics, logistics, smart manufacturing, industrial innovation and battery technologies.
The discussions explored avenues for strengthening research collaboration and industry-academia partnerships between India and Germany, with an emphasis on advanced technologies and industrial innovation.
During the visit, Goyal also interacted with members of the Indian diaspora in Berlin and addressed the media.
-PIB
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