Minister of Commerce Piyush Goyal meets with German business leaders to discuss strengthening bilateral trade

What happened

On October 25, 2025, Union Minister for Commerce and Industry Piyush Goyal met with the leadership of the Federation of German Industries (BDI) in Berlin to strengthen Indo-German trade and industrial partnerships. During his visit, Goyal also held discussions with EU Commissioner for Economy and Productivity Valdis Dombrovskis on advancing the India–EU Free Trade Agreement and ensuring a balanced, mutually beneficial outcome. The Minister participated in a panel at the Berlin Global Dialogue titled “Growing Together: Trade and Alliances in a Changing World,” where he highlighted India’s long-term vision for global economic cooperation and expanding opportunities for international businesses.

Why it matters to India

The visit marks a crucial step in deepening India’s engagement with Germany ahead of the 25th anniversary of the India–Germany Strategic Partnership in 2025. Germany remains India’s largest trading partner in Europe, and the meetings reflect New Delhi’s focus on innovation-driven growth, advanced manufacturing, and sustainable economic ties. Goyal’s engagements with key leaders, including Airbus Chairman Rene Obermann and Schaeffler AG CEO Klaus Rosenfeld, underline India’s commitment to attracting investment in automotive, AI, and technology sectors, reinforcing its position as a trusted partner in global trade.