Indo-German Economic Cooperation

Tangible economic reforms and strong resolutions taking place under the present government would certainly place India on a major growth trajectory, said Dr Martin Ney, German Ambassador to India, while discussing Germany's contribution to "Make in India" and Indo-German economic relations at a Press Conference, reports S.K.Khanna.

Germany is India's second-largest bilateral partner with a record commitment of Rs.11,000 crore in the country said Dr Ney, adding that Indian PM's meeting with German Chancellor, Angela Markel, last year, it has opened up a new strategic economic phase with Germany committing upto Rs.12,600 crore towards sustainable urban development for improving living conditions in urban India. Germany- based companies have developed technologies that make cities more liveable and are committed to help India to make a success of its Smart Cities mission by providing cutting–edge technologies.

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