Indo-German Economic Relationship

By: KeithTimimi   Date: 8 April 2010

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KeithTimimi

The free-spirited family-man internet entrepreneur who fell in love with the study of economics. And

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    • >India's trade with Germany in 2004-05 stood at US $ 6.5 billion, indicating a robust growth of nearly 20%.>India's exports to Germany were US $ 2.64 billion while India's imports from Germany were US $ 3.86 billion.>Bilateral trade has been growing at a record 20% for the past 3 years.>The inflow of total German FDI into India (1991-December 2005) at US $ 1.34 billion has been less than one and a half billion dollars.>There are more than 600 German companies operating in India and an increasing number of Indian companies investing in Germany.>The actual figures of FDI inflows, therefore, do not reflect the synergies and complementarities of the two economies.>India has emerged as one of the largest consumer markets in the world, making it one of the most attractive investment destinations.

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