India-Germany Mega Deal: Submarine Pact & Green Ammonia on Modi-Merz Agenda

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News18•09-01-2026, 18:02
India-Germany Mega Deal: Submarine Pact & Green Ammonia on Modi-Merz Agenda
- •German Chancellor Friedrich Merz to visit India, meeting PM Modi in Ahmedabad on January 12.
- •A major $8 billion (₹65,000 crore) submarine deal is expected, boosting the Indian Navy's strength.
- •German company TKMS and India's Mazagon Dock will jointly build 6 modern submarines, with an option for 3 more.
- •Germany seeks to buy 'green ammonia' from India for green hydrogen production, with Uniper and Greenko Group in talks.
- •Merz will also visit Bengaluru to explore technological cooperation, aiming to strengthen defense, security, and investment ties.
Why It Matters: India and Germany are set for a landmark partnership in defense, energy, and technology during Merz's visit.
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