Germany's Merz Eyes India Business, Defence Deals on First Asia Trip

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Moneycontrol•12-01-2026, 12:01
Germany's Merz Eyes India Business, Defence Deals on First Asia Trip
- •German Chancellor Friedrich Merz visits India to expand business and defense ties, aiming to bolster Europe’s biggest economy.
- •Merz met PM Narendra Modi in Ahmedabad, visiting Sabarmati Ashram and attending a kite festival.
- •Agreements on business cooperation, semiconductor development, defense projects, and critical minerals access are expected.
- •Germany seeks to ease hurdles for Indian healthcare workers and deepen cooperation in pharmaceuticals and defense.
- •Merz is accompanied by top German business leaders, including CEOs from Siemens, DHL Group, and Airbus Defence and Space.
Why It Matters: Germany's Merz aims to strengthen economic and defense partnerships with India amidst global tensions.
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