India, Germany Sign 19 MoUs As Strategic Ties Deepen
ECONOMY & POLICY

India, Germany Sign 19 MoUs As Strategic Ties Deepen

India and Germany on Friday deepened their strategic partnership following high-level delegation talks between Prime Minister Narendra Modi and German Chancellor Friedrich Merz in Gandhinagar, marking the 25th anniversary of the bilateral strategic partnership.

The visit resulted in the exchange of 19 memoranda of understanding and eight key announcements covering defence, advanced technology, clean energy and skills cooperation. Both leaders reiterated support for concluding the India–European Union Free Trade Agreement, with the German side indicating that negotiations could be wrapped up by the end of the month, ahead of the upcoming EU–India Summit.

Several joint declarations of intent were signed across sectors including semiconductors, critical minerals, telecommunications and a Defence Industrial Cooperation Roadmap focused on co-development and co-production of military hardware. Talent mobility and skills cooperation featured prominently, with a major highlight being the announcement of a visa-free transit facility for Indian passport holders transiting through Germany.

On the economic front, the two sides welcomed the establishment of a CEO Forum to strengthen bilateral trade and investment. In the area of sustainability, Germany announced a fresh funding commitment of €1.24 billion under the Green and Sustainable Development Partnership, supporting initiatives such as the PM e-Bus Sewa programme and green hydrogen projects.

The leaders also announced the setting up of an India–Germany Centre of Excellence to deepen collaboration in green technologies, innovation and climate action. They welcomed the signing of one of the largest offtake agreements under India’s National Green Hydrogen Mission, involving the supply of green ammonia from AM Green to Uniper Global Commodities.

Cultural cooperation was also strengthened with an agreement for the development of the National Maritime Heritage Complex at Lothal in collaboration with the German Maritime Museum. In addition, a comprehensive roadmap on higher education was exchanged to deepen institutional ties between universities and research bodies in both countries.

The visit concluded with an emphasis on sports and youth engagement, including a new agreement aimed at promoting youth hockey development.

India and Germany on Friday deepened their strategic partnership following high-level delegation talks between Prime Minister Narendra Modi and German Chancellor Friedrich Merz in Gandhinagar, marking the 25th anniversary of the bilateral strategic partnership. The visit resulted in the exchange of 19 memoranda of understanding and eight key announcements covering defence, advanced technology, clean energy and skills cooperation. Both leaders reiterated support for concluding the India–European Union Free Trade Agreement, with the German side indicating that negotiations could be wrapped up by the end of the month, ahead of the upcoming EU–India Summit. Several joint declarations of intent were signed across sectors including semiconductors, critical minerals, telecommunications and a Defence Industrial Cooperation Roadmap focused on co-development and co-production of military hardware. Talent mobility and skills cooperation featured prominently, with a major highlight being the announcement of a visa-free transit facility for Indian passport holders transiting through Germany. On the economic front, the two sides welcomed the establishment of a CEO Forum to strengthen bilateral trade and investment. In the area of sustainability, Germany announced a fresh funding commitment of €1.24 billion under the Green and Sustainable Development Partnership, supporting initiatives such as the PM e-Bus Sewa programme and green hydrogen projects. The leaders also announced the setting up of an India–Germany Centre of Excellence to deepen collaboration in green technologies, innovation and climate action. They welcomed the signing of one of the largest offtake agreements under India’s National Green Hydrogen Mission, involving the supply of green ammonia from AM Green to Uniper Global Commodities. Cultural cooperation was also strengthened with an agreement for the development of the National Maritime Heritage Complex at Lothal in collaboration with the German Maritime Museum. In addition, a comprehensive roadmap on higher education was exchanged to deepen institutional ties between universities and research bodies in both countries. The visit concluded with an emphasis on sports and youth engagement, including a new agreement aimed at promoting youth hockey development.

Next Story
Infrastructure Urban

Vedanta Secures AA+ Rating from ICRA

Vedanta Group has received its highest domestic credit rating in over a decade after ICRA upgraded the long-term ratings of Vedanta Limited and Vedanta Aluminium Metal Limited to AA+ with a Stable outlook. Talwandi Sabo Power Limited was also upgraded to AA-/Stable from A+/Watch Developing, while the group’s short-term rating was reaffirmed at A1+.The rating action marks Vedanta’s highest domestic credit rating since 2014. Vedanta Limited and Vedanta Aluminium Metal Limited, two of the largest entities emerging from the demerger, together account for over 75 per cent of the group’s long-..

Next Story
Infrastructure Urban

Netrasemi Launches Edge AI Chip A2000

Fabless semiconductor startup Netrasemi has launched its flagship Edge AI system-on-chip, A2000, after achieving successful silicon bring-up. Fabricated at TSMC’s 12 nm technology node, the chip is designed for on-device AI, smart vision, real-time video analytics and secure edge computing.A2000 features Netrasemi’s in-house Neural Processing Unit, Vision Processing Unit, Image Signal Processor, crypto engines and other hardware acceleration IP cores. It also uses the company’s patented heterogeneous graph-stream parallel processing architecture.The chip targets applications such as smar..

Next Story
Infrastructure Energy

Sigenergy Launches AI Agent For Energy Systems

Sigenergy has introduced SigenAgent, described as the energy industry’s first all-domain AI agent, during its ‘AI in All’ event. The platform is designed to move solar-and-storage systems from reactive hardware to autonomous, goal-driven energy systems for households and businesses.SigenAgent works through a continuous loop of perception, reasoning and action. It analyses real-time factors such as weather patterns, electricity prices and grid conditions to determine and execute the most efficient operating strategy. Users can set broad goals, such as reducing electricity bills or securin..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->