Piyush Goyal Holds Talks with German Minister Katherina Reiche to Strengthen Industrial Cooperation
Discussions Focus on AI, Semiconductors, Green Hydrogen and Renewable Energy; India-EU Free Trade Agreement Seen as a Major Opportunity for Businesses
Berlin, October, 22, LK Media Network
Union Minister of Commerce and Industry Piyush Goyal held a productive meeting with Katherina Reiche, Germany’s Federal Minister for Economic Affairs and Energy, to strengthen industrial cooperation between India and Germany.
The discussions focused on expanding collaboration in key sectors, including artificial intelligence (AI), semiconductors, advanced manufacturing, critical minerals, green hydrogen, renewable energy and energy storage. Both sides also explored opportunities to strengthen resilient supply chains and increase investment in India’s industrial and digital ecosystems.
The meeting highlighted the potential for closer economic and technological partnerships between the two countries, particularly in emerging industries and strategic sectors that are expected to play an important role in future economic growth.
India-EU Free Trade Agreement in Focus
Piyush Goyal and Katherina Reiche also exchanged views on the potential benefits of the India-European Union Free Trade Agreement (FTA). Goyal noted that the agreement could prove to be a game-changer, helping businesses in both India and Germany expand opportunities and realise their full potential.
The engagement reflects ongoing efforts to deepen India-Germany economic ties, encourage investment and promote cooperation in advanced technologies, clean energy and modern manufacturing.
Stronger industrial partnerships and improved market opportunities are expected to support businesses in both countries as they seek to build more resilient supply chains and explore new avenues for growth.
Source: Statement shared by Union Minister of Commerce and Industry Piyush Goyal.
