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Saturday, October 24, 2026Updated 13:28 UTC

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German Firms Eye India Base: CEOs plan major manufacturing, R&D expansion; tied to India-EU FTA

Source: Times of India · Oct 24, 2026 08:42 UTC

Old brick industrial warehouse with fire escapes in warm light — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

German companies are shifting their perspective of India from merely a market to a strategic manufacturing partner. Minister Piyush Goyal emphasized the potential for collaboration in manufacturing, innovation, and research and development during his recent visit to Germany. He noted that the India-EU free trade agreement is expected to enhance business activities and investments. Many German firm

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