Trade b/w India and Germany may go beyond Euro 20 billion
- Bilateral trade between India and Germany is projected to touch Euro 20 billion during year 2012, posing a growth of 11 % over the the year 2011.
- Amongst the EU, Germany is India’s leading trade partner .
- Around 150 German companies are active in Bangalore.
- India is eager to have a prompt conclusion of a Free Trade Agreement (FTA) b/w the EU and India.