NewsGram Staff Writer
Bengaluru: German Chancellor Angela Merkel’s visit to India is expected to boost the strategic partnership that has its root in strong business and economic links. With both leaders expected to discuss initiatives related to skill development, vocational training and Make in India, bilateral trade between both the countries is also expected to increase. Germany, India’s most important trading partner within the European Union and the sixth most important trading partner globally, has always maintained healthy business ties with New Delhi.
Merkel in expected to land in Bengaluru on Monday as part of her three-day visit to India to participate in the third Indo-German Inter-governmental Consultations hosted by Prime Minister Narendra Modi.
On Tuesday, she will visit German engineering major Robert Bosch’s facility in Adugodi that will showcase its key innovative projects and the group’s commitment towards skill development in the country.
Modi will accompany the chancellor during the tour following which both leaders will jointly address a Nasscom forum that will have German and Indian representatives. Both leaders are expected to discuss initiatives related to skill development, vocational training and Make in India. They will also participate in a working lunch with business leaders from India and Germany.
Since 1990, the Indo-German bilateral trade has risen from 2.7 billion Euros to 16 billion Euros in 2014. In the first seven months of this year, it rose by 13 % compared to the previous fiscal.
(With inputs from TOI)
Click here for reuse options!
Copyright 2015 NewsGram