Home / Business and Economy / India-Germany Seal 19 Pacts: Defence, Tech, Energy Boost
India-Germany Seal 19 Pacts: Defence, Tech, Energy Boost
12 Jan
Summary
- Nineteen agreements were signed, enhancing cooperation in defence and technology.
- New funding of 1.24 billion euros committed by Germany for green projects.
- Visa-free transit for Indian passport holders through Germany now available.
During a pivotal two-day visit by German Chancellor Friedrich Merz, India and Germany formalized 19 agreements and policy announcements, significantly boosting cooperation across strategic, economic, and people-to-people domains. Prime Minister Narendra Modi highlighted that a joint declaration on defence industrial cooperation will foster co-innovation and co-production, opening new avenues in the space sector.
The partnership extends to critical and emerging technologies with pacts on semiconductor ecosystems and critical minerals. Energy and sustainability are central, marked by an agreement for green ammonia offtake and a roadmap for higher education, skilling, and mobility, including a new skills center in Hyderabad.
Further strengthening ties, Germany committed 1.24 billion euros in new funding for green initiatives and announced visa-free transit for Indian passport holders. These accords underscore a robust commitment to mutual growth and collaboration.
