India’s import of machinery and equipment from Germany in 2024 increased 2.6% to 4,298 million Euros, according to VDMA, an organisation for the machinery and equipment manufacturing industry in Germany and Europe. India constitutes 2.2% of Germany’s total export of machinery and equipment. However, export of machinery from India to Germany fell 4.9% in 2024
India’s machinery & components exports to Germany have quadrupled in 2024, reaching USD 4.13 billion. This strong growth is expected to continue in the coming years, driven by robust bilateral trade and a thriving Indian market. New Delhi, Feb 14 (PTI) India’s export of machinery & components to Germany jumped over four-fold to USD 4.13
India’s machinery exports to Germany have seen a remarkable surge, reaching USD 4.13 billion in 2024, as stated by Rajesh Nath, Managing Director of VDMA India. This four-fold increase signifies a promising outlook for continued double-digit growth in the years ahead. Speaking at LogiMAT India 2025, Nath highlighted that Indo-German trade is thriving, with
Germany’s state-owned development bank, KfW, has selected Boerse Stuttgart Digital (BSD) as its infrastructure partner for the upcoming blockchain-based digital bond. KfW has been exploring blockchain technology in its bond issuance for years, issuing its first-ever digital bond in 2022. In July, it issued a $4.3 billion digital bond, the largest in the world. However,