New Delhi: Union Minister of Commerce and Industry Piyush Goyal concluded his two-day visit to Germany with a series of meetings in Berlin on 23 October, 2026, involving German government officials, industry leaders and research institutions.
The discussions focused on expanding trade and investment, strengthening industrial partnerships and exploring cooperation in advanced manufacturing and emerging technologies.
Goyal met Levin Holle, Economic and Financial Policy Advisor and G7/G20 Sherpa at the German Federal Chancellery. The two discussed bilateral economic cooperation and opportunities to deepen investment ties between India and Germany.
Meetings with German Industry Leaders
During the visit, Goyal held separate meetings with senior executives from three major German business groups:
Siemens Healthineers: CEO Bernd Montag
Bertelsmann: Carsten Coesfeld, member of the executive board and CEO of Bertelsmann Investments
Volkswagen and Škoda Auto: Holger Peters, CFO of Volkswagen AG and CEO of Škoda Auto
The discussions explored opportunities for business partnerships, investment and industrial cooperation between the two countries.
Goyal also took part in a roundtable with leaders of German industrial research institutions to discuss collaboration in advanced technologies and innovation. Members of the accompanying Indian business delegation held separate sectoral meetings with German companies and industry associations to explore areas for cooperation.
Focus on Research and Emerging Technologies
Research collaboration was another key part of the visit. Goyal met Indian researchers and students working in Germany and held a roundtable with heads of selected Fraunhofer Institutes.
The discussions covered microelectronics, power electronics, logistics, smart manufacturing, industrial innovation and battery technologies. Both sides explored ways to strengthen research partnerships and links between industry and academia.
The minister also met members of the Indian diaspora in Berlin and addressed the media.
About India–Germany Economic Relations
India and Germany maintain a strategic partnership spanning trade, investment, manufacturing, science and technology. Engagements during Goyal’s visit focused on expanding cooperation between businesses and research institutions, particularly in advanced industrial technologies and innovation.
