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The Economic Times
The Economic Times
National

German businesses now see India as manufacturing, R&D and innovation hub: Piyush Goyal

Piyush Goyal India European Union Commerce and Industry International Trade

German businesses are increasingly eyeing India as a strategic hub for manufacturing, research and development (R&D), and innovation, moving beyond its traditional role as merely a consumer market, Commerce and Industry Minister Piyush Goyal stated.

Speaking to the media after wrapping up a two-day visit, the minister highlighted key bilateral meetings with top executives from major German firms, including Siemens Healthcare, Bertelsmann Investment, Volkswagen, and Skoda.

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