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
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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