Appreciation, Promotion and Opportunities
GIBS connects Germany and India.
India has emerged as the fastest growing major economy of the world and is on the path of becoming one of the top three economies over the next decade. Germany is India’s most significant and reliable partner internationally and also India’s largest trade partner in the Europe with turnover of about Euro 22 billion. There is a vast scope for investment by the German companies in India and vice-versa.
Prime Minister Shri Narendra Modi has also emphasized the priority of attracting foreign direct investment and continued efforts of the Government of India to liberalize the regulatory environment, as well as, further to improve the ease of doing business. In all of the Indo-German summits the most important outcomes was the setting up of a high-level dialogue on trade and investment relations, which will discuss all trade and market issues, as well as supply chain linkages.