Piyush Leads 100 Member Delegation to Germany, Berlin and India Chapters
of Think Tank DGAP Announced
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Piyush
Goyal Holds High-Level Economic Engagements in Berlin to Strengthen
India–Germany Trade and Investment Ties
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Piyush
Goyal and German Federal Minister Katherina Reiche Discuss Industrial
Cooperation and India–EU FTA
1.
High-Level Bilateral Engagements
·
Union Commerce and Industry Minister Piyush
Goyal held high-level meetings in Berlin on 22 October 2026 to
strengthen India–Germany trade, investment and industrial cooperation.
·
Key engagements included:
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Bilateral meeting with German Federal Minister for
Economic Affairs and Energy Katherina Reiche.
o
Inauguration of the India Centre at the German
Council on Foreign Relations (DGAP).
o
India–Germany Business Roundtable.
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Participation in the Berlin Global Dialogue.
2.
India–EU FTA and Industrial Cooperation
·
Piyush Goyal and Katherina Reiche discussed
opportunities for closer industrial collaboration.
·
They highlighted the potential of the proposed India–EU
Free Trade Agreement (FTA) to expand bilateral trade and investment.
·
Discussions focused on translating the prospective
FTA into concrete business and industrial opportunities.
3.
Inauguration of DGAP's India Centre
·
The two Ministers jointly inaugurated the India
Centre at the German Council on Foreign Relations (DGAP) in Berlin.
·
The centre aims to promote policy research and
dialogue on India–Germany relations.
4.
India–Germany Business Roundtable
·
Co-chaired by Piyush Goyal and Katherina Reiche,
the roundtable was organised in collaboration with DGAP and the Asia-Pacific
Committee of German Business (APA).
·
German CEOs and business leaders participated.
·
Key themes included:
o
Accelerating economic growth.
o
Creating a new era of trade.
o
Translating the India–EU FTA into practical
industrial and investment opportunities.
5.
Participation in Berlin Global Dialogue
·
Piyush Goyal participated in the panel discussion
titled “New Era, New Alliances: The Third Path?”
·
The discussion brought together representatives
from Germany, Singapore and the international steel industry.
·
Goyal emphasised the importance of:
o
Trust in international partnerships.
o
Complementary economic strengths.
o
Resilient supply chains.
6.
Meetings with German Business Leaders
Piyush Goyal held individual meetings with senior executives to explore
business and investment cooperation:
·
Bayer AG: Stefan Oelrich, Member of the
Board of Management and President of its Pharmaceuticals Division.
·
Knauf Group: Murat Akyildiz, Managing
Partner.
·
Fresenius SE & Co. KGaA: Michael
Sen, Chief Executive Officer.
7.
Business Delegation
·
Goyal's visit to Germany and the Netherlands
includes a delegation of approximately 100 Indian businesses and start-ups.
·
The delegation aims to strengthen commercial
partnerships and explore new investment opportunities.
Effect on
India–Germany Economic Relations
·
Trade: Greater opportunities to expand
bilateral trade through the prospective India–EU FTA.
·
Investment: Increased engagement between
Indian businesses and German industrial and pharmaceutical companies.
·
Industrial cooperation:
Potential for deeper collaboration in technology, manufacturing and other
industrial sectors.
·
Supply chains: Emphasis on resilient supply
chains and complementary economic capabilities.
·
Strategic partnership:
Reinforcement of India–Germany cooperation in trade, investment, technology and
industry.
Key Takeaway: The
Berlin engagements seek to convert the momentum surrounding the India–EU FTA
into tangible trade, investment and industrial partnerships, strengthening the
broader India–Germany Strategic Partnership.
Union
Minister of Commerce and Industry Piyush Goyal held a series of high-level
engagements in Berlin on October 22nd to strengthen India–Germany trade,
investment and industrial cooperation. The engagements included a bilateral
meeting with German Federal Minister for Economic Affairs and Energy Ms.
Katherina Reiche, the inauguration of the India Centre at the German Council on
Foreign Relations (DGAP), an India–Germany Business Roundtable and
participation in the Berlin Global Dialogue.
During
the bilateral meeting, Piyush Goyal and Ms. Reiche discussed opportunities for
closer industrial collaboration and the potential of the India–EU Free Trade
Agreement (FTA) to expand bilateral trade and investment. The two Ministers
jointly inaugurated DGAP’s India Centre in Berlin, which is intended to promote
policy research and dialogue on India–Germany relations.
The
Union Ministers also co-chaired an India–Germany Business Roundtable organised
with DGAP and the Asia-Pacific Committee of German Business (APA), with
participation from German CEOs and business leaders. In their keynote
addresses, Mr. Goyal addressed accelerating growth and forging a new trade era,
while Ms. Reiche spoke on transforming the FTA into industrial reality. The
subsequent interaction focused on translating the prospective India–EU FTA into
concrete trade and investment opportunities.
At
the Berlin Global Dialogue, Piyush Goyal participated in the panel discussion
titled “New Era, New Alliances: The Third Path?” alongside Personal
Representative of the German Chancellor for Investment, Mr. Martin Blessing;
Singapore’s Minister for Manpower and Minister-in-charge of Energy and Science
& Technology, Dr. Tan See Leng; and Chairwoman and CEO of Marcegaglia Steel, Ms. Emma Marcegaglia and the session was
moderated by Prof. Dr. Lars-Hendrik Röller. Mr. Goyal highlighted the
importance of trust, complementary economic strengths and resilient supply
chains in international partnerships.
Mr.
Goyal also held individual meetings with Member of the Board of Management of
Bayer AG, Mr. Stefan Oelrich, and President of its Pharmaceuticals Division;
Mr. Murat Akyildiz, Managing Partner of Knauf Group; and CEO of Fresenius SE
& Co. KGaA, Mr. Michael Sen, to explore opportunities for business and
investment cooperation.
Mr.
Goyal is accompanied on his visit to Germany and the Netherlands by a
delegation of around 100 Indian businesses and startups. The Berlin engagements
form part of ongoing efforts to deepen the India–Germany Strategic Partnership,
particularly in trade, investment, technology and industrial cooperation.