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News1806-02-2026, 15:45

German Machinery Exports to India to Soar 10-15% by 2026: VDMA

  • German machinery exports to India are projected to grow by 10-15% in 2026, especially after the India-EU free trade agreement.
  • Shipments of German machinery to India were approximately 4 billion euros in 2025.
  • German technology imports are crucial for India's manufacturing transformation, aiming for 25% GDP contribution by 2047.
  • The EU-India FTA will enable European manufacturers to establish production bases in India, leveraging it as an export hub.
  • Germany is India’s largest trading partner in the EU, with bilateral trade reaching nearly USD 30 billion in FY 2024-25.

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