India woos German investors, Goyal holds talks with industry leaders

Union Minister of Commerce and Industry Piyush Goyal has concluded his two-day official visit to Germany, with a series of engagements in Berlin focused on strengthening bilateral trade, investment, advanced manufacturing and research cooperation. During his visit,the Minister interacted with Indian science and technology researchers and students based in the country. He also held a roundtable with heads of selected Fraunhofer Institutes, focusing on areas including microelectronics, power electronics, logistics, smart manufacturing, industrial innovation and battery technologies.
The discussions explored avenues for strengthening research collaboration and industry-academia partnerships between India and Germany, with an emphasis on advanced technologies and industrial innovation. The minister further asked the Indian students to think about ideas that would help attract Indian talent back to the country.

#WATCH | Berlin, Germany | Union Minister Piyush Goyal says, "We recognize that German institutes can add significant value when it comes to both research and applied research. The strength that Germany has displayed is the bridge from the laboratory to the factory...I have come here to engage with you, to learn from you, to learn the different bridges with which you have been able to connect research and industry..."

— ANI (@ANI) October 24, 2026

The Minister also held separate meetings with Bernd Montag, CEO of Siemens Healthineers AG; Carsten Coesfeld, Member of the Executive Board of Bertelsmann and CEO of Bertelsmann Investments; and Holger Peters, CFO of Volkswagen AG and CEO of Škoda Auto. The meetings explored opportunities to expand business partnerships, investment and industrial cooperation between the two countries.
Goyal is accompanied on his visit to Germany and the Netherlands by a delegation of around 100 Indian businesses and startups. The Berlin engagements form part of ongoing efforts to deepen the India–Germany Strategic Partnership, particularly in trade, investment, technology and industrial cooperation.