India-Germany Forge Historic Defense, Semiconductor Deals; PM Modi Meets German Chancellor

India
M
Moneycontrol•12-01-2026, 17:20
India-Germany Forge Historic Defense, Semiconductor Deals; PM Modi Meets German Chancellor
- •Prime Minister Modi and German Chancellor Friedrich Merz discussed bilateral, regional, and global issues during Merz's first India visit.
- •Key agreements signed include 'Critical Minerals and Semiconductors', enhancing security, education, and technological development.
- •Chancellor Merz accepted PM Modi's invitation to visit Gujarat, highlighting strong ties and Gujarat's economic growth.
- •The visit marks 25 years of strategic partnership, with MoUs signed across defense, economic, and tech sectors.
- •Agreements cover defense industry, CEO Forum for economic cooperation, semiconductor ecosystem, critical minerals, telecom, IT, Ayurveda, oil & gas, green ammonia, bioeconomy, and science & technology.
Why It Matters: India and Germany strengthen strategic partnership with landmark agreements in defense, semiconductors, and critical minerals.
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