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WELCOME TO LAND OF IDEAS
Sumit Roy
PRN: 18020474021
GERMANY
1. POLITICAL CLIMATE
Sumit Roy
PRN: 18020474021
Political Outline
Germany is a democratic, federal parliamentary
republic.
The country has 16 states or provinces, which have local
governments and legislatures.
State govt. enjoys considerable decentralization in
relation to the Federal Government.
Political Capital: Berlin
Constitutional system:- das Grundgesetz
Elections are held every four years
Elections are based on proportional representation
Chancellors are not directly elected
Bavaria throws a weird spanner in the works
Sumit Roy
PRN: 18020474021
Political System
Sumit Roy
PRN: 18020474021
The German lower house
parliament- Bundestag
Sumit Roy
PRN: 18020474021
German Bundestag-Structure
Sumit Roy
PRN: 18020474021
Voting System: Mixed Member Proportional representation (MMP)
The German upper house of
parliament- Bundesrat
Sumit Roy
PRN: 18020474021
Sumit Roy
PRN: 18020474021
German Bundesrat-Structure
Political Groups:
NEUTRAL(53)
Baden-
Württemberg (6)
Bavaria (6) North Rhine-
Westphalia (6)
Hesse (5)
Rhineland-Palatinate
(4)
Berlin (4) Schleswig-
Holstein (4)
Brandenburg (4)
Bremen (3) Hamburg (3) Thuringia (4) Saxony-Anhalt (4)
GOVT.
(16)
Lower
Saxony (6)
Saxony (4) Mecklenburg-
Vorpommern (3)
Saarland
(3)
Opposition (0)
Political Key Personnel- in 2018
Sumit Roy
PRN: 18020474021
2. TECHNOLOGY LEVELS
Sunita Naik
PRN: 18020474022
• Germany is famous for science and technology and significant efforts in
research and development.
• Albert Einstein was a German born physicist who developed the theory of
relativity. He is best known for his mass-energy equivalence formula.
Einstein is almost referred as synonymous to “genius”. He received Nobel
Prize in Physics in 1921.
Sunita Naik
PRN: 18020474022
• Germany is has been a leader in the automotive industry. Audi, BMW,
Mercedes Benz, Porsche, Volkswagen are major players.
• Mercedes-Benz traces its origins to Karl Benz’s creation of the first petrol-
powered car, the Benz Patent Motorwagen. The brand is known for luxury
vehicles, buses, coaches and lorries.
• Volkswagen means “people’s car”. This German automaker came up with
affordable cars in 1930s and presently is a global player.
• They have well developed R&D facilities in the automotive field.
Sunita Naik
PRN: 18020474022
Sunita Naik
PRN: 18020474022
• Robert Bosch(German) founded the Bosch companies that developed
ignition systems and electrical components that became known for their
quality and reliability.
• Bosch instituted shorter hours and higher pay for his workers.
• Today Bosch is one of the major automotive supplier.
Sunita Naik
PRN: 18020474022
• From physics and chemistry to cars and consumer products, Germany is a world
leader in innovation, boasting leading universities and research institutes alongside
major engineering, IT and manufacturing industries.
• Germany supports national science and technology at many levels. There are
independent laboratories, comprised of both the national laboratories and private
research institutes like the Max Planck and Fraunhofer Societies.
• In addition, German industry supports many important types of research and
development, and the German states provide still more resources for scientific
research. The Ministry for Science and Technology (BMFT) coordinates and sets
priorities for the entire national science and technology program.
• Germany's participation in the European Union also has a significant science and
technology component—Germany provides funding, scientists, and laboratories for
broad European research and development.
Sunita Naik
PRN: 18020474022
Renewable source of energy
• Germany has been called “the world's first major renewable energy economy”
• Renewable energy in Germany is mainly based on wind, solar and biomass.
• Germany had the world's largest photovoltaic installed capacity until 2014, and
as of 2016, it is third with 40 GW.
• It is also the world's third country by installed wind power capacity, at 50 GW,
and second for offshore wind, with over 4 GW.
Sunita Naik
PRN: 18020474022
Example:
· Biogas fermenter in Hornstet
· Wind park in Bernburg
· Geothermal power plant in Neustadt-Glewe
· German wind and solar in Rhineland-Palatinate
Sunita Naik
PRN: 18020474022
Machinery and Equipment Industry
• Germany is home to Europe’s best-performing M&E
sector, with record turnover in the region of EUR 225
billion in 2016.
• The positive turnover trend is set to continue with market
forecasts for 2018 and 2020 and beyond predicting
revenue at the same level.
• With global machinery trade share of more than 16
percent, Germany’s M&E industry sector remains the
world’s leading supplier of machinery – consolidating its
position ahead of both China and the USA.
• German machinery and plant manufacturers are world
market
leaders in 18 out of 31 M&E sectors. Sunita Naik
PRN: 18020474022
Sunita Naik
PRN: 18020474022
3. WTO & GERMANY
RELATIONS
Sonam Mukherjee
PRN: 18020474019
Germany as a member of WTO
• Germany has been a member of WTO since 1st
January1995
• WTO is an intergovernmental organization that’s
regulates trade between nations.
• Below is a picture of German Chancellor Angela
Merkel (right) and WTO Chief Roberto Azevedo
(left) from a recent WTO conference in Berlin.
Sonam Mukherjee
PRN: 18020474019
Germany’s Contribution in WTO
• Government of Germany has contributed EUR 1
Million to help least developed and developing
countries to enhance their skills in trade
negotiation from workshops that will be held to
train them.(2017-2018)
• Germany contributed DM 1 in WTO Technical
Assistance Fund.
• This will help expand, improve, maintain WTO
Information Technology and help LDCs ( Least
Developed Countries).
Sonam Mukherjee
PRN: 18020474019
Primary Trading Partners of Germany
• France, United Kingdom, Netherlands, China
• The above countries are members of WTO.
• Germany accounts for 7.2% of world trade.
Sonam Mukherjee
PRN: 18020474019
Germany is one of the leading nations in WTO
• On September 2018, WTO Chief Roberto Azevedo, appealed to German
Government to help protect the rules of International Free Trade.
• Mr Roberto is depending heavily on Germany and European Union to halt
the trend of rising trade barriers and protectionism
Sonam Mukherjee
PRN: 18020474019
Free Trade deal between Germany and Japan
• Germany and Japan signed Free Trade Deal in July
to promote free trade and prevent protectionist tide
and supporting rules of International Trade. This
deal was signed in first week of July.
• But Germany's bureaucratic procedures and
regulations are difficult barriers for companies
trying to enter the German market especially for
U.S. exporters. The safety standards are complex,
mostly not discriminatory but often tactfully and
zealously applied, complicate access of many U.S.
products. Sonam Mukherjee
PRN: 18020474019
Aim of Germany for WTO:
• To achieve a socially responsible and
stable order of Economy in the world.
• Open Fair Trading System
• Clear Rules with regards to trading
• Integration of Developing Economies in
the World Value Chain.
Sonam Mukherjee
PRN: 18020474019
4. FOREIGN RELATIONS
Shounak Banerjee
PRN: 18020474018
MEMBER OF NATO & EU
• Federal Republic of Germany (FRG) is a member of the European Union (EU), G4, G8,
the G20, the Organization for Economic Co-operation & Development and the North
Atlantic Treaty Organization (NATO). It maintains a network of 229 diplomatic
missions abroad and holds relations with more than 190 countries. As one of the world's
leading industrialized countries it is recognized as a major power in European and global
affairs
Shounak Banerjee
PRN: 18020474018
MODERNISING NATO
• NATO remains the central instrument of our trans-Atlantic security and defense policy.
Apart from the key commitment to collective defense that is still vital to its identity, its
functions now range from robust stabilization missions in Europe, on its peripheries and
far beyond the borders of the Alliance area to humanitarian operations in disaster areas.
At NATO’s anniversary summit in Kehl and Strasbourg last April, the Alliance decided to
revise its ten-year-old strategic concept. This offers an opportunity to set about the
modernization of NATO
Shounak Banerjee
PRN: 18020474018
NEW CHALLENGES FACED BY GERMANY
• Germany – like Europe as a whole – faces major challenges in the field of
foreign and security policy.
• International terrorism and the proliferation of weapons of mass destruction
pose direct threats to their security.
• The current financial & economic crisis as well as the increasing proliferation
of weapons of mass destruction and, in particular, climate change are forcing
the nation state to acknowledge the limits of its capacity to resolve problems
Shounak Banerjee
PRN: 18020474018
Fighting terrorism in Afghanistan and Pakistan
• Stabilizing Afghanistan remains one of the most urgent tasks for international security
policy, something that is necessary in order to prevent Afghanistan once again from
becoming a safe haven for terrorists determined to act on a global stage. USA President’s
decision to make Afghanistan a foreign policy priority and also involve Pakistan in the
action that is being taken has been accepted by Germany.
• Afghanistan has recently agreed upon to make peace with Germany
Shounak Banerjee
PRN: 18020474018
• Apart from the countries in EU, Germany attach great significance with USA, Russia and
Asia, where attention is centered mainly on China.
• Other important allies in Asia are India, Japan, Korea, etc.
• Germany doesn’t have openly hostile relations with any country since it generally has
had a hands off approach to foreign policy since WW2.
Shounak Banerjee
PRN: 18020474018
FRANCE-GERMANY RELATION
• The relationship is economically essential because French and German firms
are thoroughly interwoven, with a huge amount of businesses operating on a
European level in both countries, and France being the top importer of
German goods.
• Germany’s fate in the world is inextricably tied to it’s relationship with
France. The Franco-German relationship is the basis for the European Union.
Good relations with France is vital for their national security also.
Shounak Banerjee
PRN: 18020474018
USA-GERMANY RELATION
• USA – Its the largest foreign partner of Germany outside Europe
• Strong economic interdependence and intensive political consultations
make the USA Germany’s most important ally outside Europe
• Most German multi-national companies have their regional offices in USA.
Shounak Banerjee
PRN: 18020474018
RUSSIA-GERMANY RELATION
• Russia – a difficult partner for Germany
• The absence of the rule of law is one fundamental reason for the country’s lack of
economic and social dynamism in comparison to other states. Russian foreign policy
exhibits clear neo-imperial tendencies. Germany has traditionally cultivated good relations
with Russia
• The CDU/CSU parliamentary group in the German Bundestag has supported the
negotiations that have begun concerning a new partnership and cooperation agreement
between the EU and Russia
Shounak Banerjee
PRN: 18020474018
CHINA-GERMANY RELATION
• China – a partner for the future & biggest ally in Asia
• China’s influence is expanding not just economically, but also politically and
diplomatically, culturally and in the sphere of military strategy.
• There are a broad range of structures within which discussions are taking place between
the two sides in fields such as the economy, academic life, the environment and politics,
discussions that also encompass a dialogue on human rights and the rule of law. All these
will further improve China-German relation
Shounak Banerjee
PRN: 18020474018
MIDDLE EAST-GERMANY RELATION
• New hope in the Middle East for Germany
• Angela Merkel, the German Federal Chancellor, has repeatedly articulated Germany’s
strong interest in the Middle East peace process starting to move forward with greater
momentum again towards the goal of a two state solution.
• UAE is taking initiative to develop their Foreign & economic relation with Germany
Shounak Banerjee
PRN: 18020474018
TURKEY-GERMANY RELATION
• Turkey is a NATO member and technically an ally of Germany, though the lack of a
German response to the recent coup attempt reveals that this relationship is quite cold.
Erdogan’s massive crackdown on protesters, his raiding of the Ministry of Justice and
arresting some ten thousand judges in his country, and his purging of all levels of civil
service of political dissenters has provoked strong opposition from German society.
• Turkey-German government tries to ignore it in order to keep a functional relationship
going that keeps Turkey holding back refugees from entering Europe.
Shounak Banerjee
PRN: 18020474018
INDO-GERMAN FOREIGN RELATION
• India’s total trade with Germany increased from US$ 15 billion in 2007-08 to US$ 19.2 billion in 2015-16,
reaching a peak in 2011-12 at US$23 billion. Germany is currently India’s sixth largest trading partner, with
total trade standing at US$ 18.73 billion in 2016-17.
• India’s exports to Germany increased from US$ 5.1 billion in 2007-08 to US$ 7.2 billion in 2016-17 (Refer
to figure below), accounting for 17.2 per cent of India’s total exports to EU countries. Indian exports
reached a peak in 2011-12 with US$ 7.9 billion. Indian imports from Germany increased from US$ 9.9
billion in 2007-08 to US$ 11.5 billion in 2016-17, accounting for 30.35 per cent of India’s total imports from
EU countries.
Shounak Banerjee
PRN: 18020474018
MAJOR INDO-GERMAN EXPORTS AND IMPORTS
• Among India’s top imports from Germany, machinery and parts (HS Code 84)
occupied the leading position in February-April 2016-17, accounting for 30 per cent
of the total. Other major imports included electrical machinery and equipment,
medical equipment and parts, vehicles and parts, and plastic and articles.
• Major Indian exports to Germany included machinery and parts, followed by apparel
and clothing accessories (knitted), organic chemicals, apparel and clothing
accessories (not knitted) and vehicles and parts.
IMPORTS EXPORTS
Shounak Banerjee
PRN: 18020474018
THANK YOU
Sonam Mukherjee
PRN: 18020474019
Sunita Naik
PRN: 18020474022
Shounak Banerjee
PRN: 18020474018
Sumit Roy
PRN: 18020474021

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Germany ppt2

  • 1. WELCOME TO LAND OF IDEAS Sumit Roy PRN: 18020474021 GERMANY
  • 2. 1. POLITICAL CLIMATE Sumit Roy PRN: 18020474021
  • 3. Political Outline Germany is a democratic, federal parliamentary republic. The country has 16 states or provinces, which have local governments and legislatures. State govt. enjoys considerable decentralization in relation to the Federal Government. Political Capital: Berlin Constitutional system:- das Grundgesetz Elections are held every four years Elections are based on proportional representation Chancellors are not directly elected Bavaria throws a weird spanner in the works Sumit Roy PRN: 18020474021
  • 5. The German lower house parliament- Bundestag Sumit Roy PRN: 18020474021
  • 6. German Bundestag-Structure Sumit Roy PRN: 18020474021 Voting System: Mixed Member Proportional representation (MMP)
  • 7. The German upper house of parliament- Bundesrat Sumit Roy PRN: 18020474021
  • 8. Sumit Roy PRN: 18020474021 German Bundesrat-Structure Political Groups: NEUTRAL(53) Baden- Württemberg (6) Bavaria (6) North Rhine- Westphalia (6) Hesse (5) Rhineland-Palatinate (4) Berlin (4) Schleswig- Holstein (4) Brandenburg (4) Bremen (3) Hamburg (3) Thuringia (4) Saxony-Anhalt (4) GOVT. (16) Lower Saxony (6) Saxony (4) Mecklenburg- Vorpommern (3) Saarland (3) Opposition (0)
  • 9. Political Key Personnel- in 2018 Sumit Roy PRN: 18020474021
  • 10. 2. TECHNOLOGY LEVELS Sunita Naik PRN: 18020474022
  • 11. • Germany is famous for science and technology and significant efforts in research and development. • Albert Einstein was a German born physicist who developed the theory of relativity. He is best known for his mass-energy equivalence formula. Einstein is almost referred as synonymous to “genius”. He received Nobel Prize in Physics in 1921. Sunita Naik PRN: 18020474022
  • 12. • Germany is has been a leader in the automotive industry. Audi, BMW, Mercedes Benz, Porsche, Volkswagen are major players. • Mercedes-Benz traces its origins to Karl Benz’s creation of the first petrol- powered car, the Benz Patent Motorwagen. The brand is known for luxury vehicles, buses, coaches and lorries. • Volkswagen means “people’s car”. This German automaker came up with affordable cars in 1930s and presently is a global player. • They have well developed R&D facilities in the automotive field. Sunita Naik PRN: 18020474022
  • 14. • Robert Bosch(German) founded the Bosch companies that developed ignition systems and electrical components that became known for their quality and reliability. • Bosch instituted shorter hours and higher pay for his workers. • Today Bosch is one of the major automotive supplier. Sunita Naik PRN: 18020474022
  • 15. • From physics and chemistry to cars and consumer products, Germany is a world leader in innovation, boasting leading universities and research institutes alongside major engineering, IT and manufacturing industries. • Germany supports national science and technology at many levels. There are independent laboratories, comprised of both the national laboratories and private research institutes like the Max Planck and Fraunhofer Societies. • In addition, German industry supports many important types of research and development, and the German states provide still more resources for scientific research. The Ministry for Science and Technology (BMFT) coordinates and sets priorities for the entire national science and technology program. • Germany's participation in the European Union also has a significant science and technology component—Germany provides funding, scientists, and laboratories for broad European research and development. Sunita Naik PRN: 18020474022
  • 16. Renewable source of energy • Germany has been called “the world's first major renewable energy economy” • Renewable energy in Germany is mainly based on wind, solar and biomass. • Germany had the world's largest photovoltaic installed capacity until 2014, and as of 2016, it is third with 40 GW. • It is also the world's third country by installed wind power capacity, at 50 GW, and second for offshore wind, with over 4 GW. Sunita Naik PRN: 18020474022
  • 17. Example: · Biogas fermenter in Hornstet · Wind park in Bernburg · Geothermal power plant in Neustadt-Glewe · German wind and solar in Rhineland-Palatinate Sunita Naik PRN: 18020474022
  • 18. Machinery and Equipment Industry • Germany is home to Europe’s best-performing M&E sector, with record turnover in the region of EUR 225 billion in 2016. • The positive turnover trend is set to continue with market forecasts for 2018 and 2020 and beyond predicting revenue at the same level. • With global machinery trade share of more than 16 percent, Germany’s M&E industry sector remains the world’s leading supplier of machinery – consolidating its position ahead of both China and the USA. • German machinery and plant manufacturers are world market leaders in 18 out of 31 M&E sectors. Sunita Naik PRN: 18020474022
  • 20. 3. WTO & GERMANY RELATIONS Sonam Mukherjee PRN: 18020474019
  • 21. Germany as a member of WTO • Germany has been a member of WTO since 1st January1995 • WTO is an intergovernmental organization that’s regulates trade between nations. • Below is a picture of German Chancellor Angela Merkel (right) and WTO Chief Roberto Azevedo (left) from a recent WTO conference in Berlin. Sonam Mukherjee PRN: 18020474019
  • 22. Germany’s Contribution in WTO • Government of Germany has contributed EUR 1 Million to help least developed and developing countries to enhance their skills in trade negotiation from workshops that will be held to train them.(2017-2018) • Germany contributed DM 1 in WTO Technical Assistance Fund. • This will help expand, improve, maintain WTO Information Technology and help LDCs ( Least Developed Countries). Sonam Mukherjee PRN: 18020474019
  • 23. Primary Trading Partners of Germany • France, United Kingdom, Netherlands, China • The above countries are members of WTO. • Germany accounts for 7.2% of world trade. Sonam Mukherjee PRN: 18020474019
  • 24. Germany is one of the leading nations in WTO • On September 2018, WTO Chief Roberto Azevedo, appealed to German Government to help protect the rules of International Free Trade. • Mr Roberto is depending heavily on Germany and European Union to halt the trend of rising trade barriers and protectionism Sonam Mukherjee PRN: 18020474019
  • 25. Free Trade deal between Germany and Japan • Germany and Japan signed Free Trade Deal in July to promote free trade and prevent protectionist tide and supporting rules of International Trade. This deal was signed in first week of July. • But Germany's bureaucratic procedures and regulations are difficult barriers for companies trying to enter the German market especially for U.S. exporters. The safety standards are complex, mostly not discriminatory but often tactfully and zealously applied, complicate access of many U.S. products. Sonam Mukherjee PRN: 18020474019
  • 26. Aim of Germany for WTO: • To achieve a socially responsible and stable order of Economy in the world. • Open Fair Trading System • Clear Rules with regards to trading • Integration of Developing Economies in the World Value Chain. Sonam Mukherjee PRN: 18020474019
  • 27. 4. FOREIGN RELATIONS Shounak Banerjee PRN: 18020474018
  • 28. MEMBER OF NATO & EU • Federal Republic of Germany (FRG) is a member of the European Union (EU), G4, G8, the G20, the Organization for Economic Co-operation & Development and the North Atlantic Treaty Organization (NATO). It maintains a network of 229 diplomatic missions abroad and holds relations with more than 190 countries. As one of the world's leading industrialized countries it is recognized as a major power in European and global affairs Shounak Banerjee PRN: 18020474018
  • 29. MODERNISING NATO • NATO remains the central instrument of our trans-Atlantic security and defense policy. Apart from the key commitment to collective defense that is still vital to its identity, its functions now range from robust stabilization missions in Europe, on its peripheries and far beyond the borders of the Alliance area to humanitarian operations in disaster areas. At NATO’s anniversary summit in Kehl and Strasbourg last April, the Alliance decided to revise its ten-year-old strategic concept. This offers an opportunity to set about the modernization of NATO Shounak Banerjee PRN: 18020474018
  • 30. NEW CHALLENGES FACED BY GERMANY • Germany – like Europe as a whole – faces major challenges in the field of foreign and security policy. • International terrorism and the proliferation of weapons of mass destruction pose direct threats to their security. • The current financial & economic crisis as well as the increasing proliferation of weapons of mass destruction and, in particular, climate change are forcing the nation state to acknowledge the limits of its capacity to resolve problems Shounak Banerjee PRN: 18020474018
  • 31. Fighting terrorism in Afghanistan and Pakistan • Stabilizing Afghanistan remains one of the most urgent tasks for international security policy, something that is necessary in order to prevent Afghanistan once again from becoming a safe haven for terrorists determined to act on a global stage. USA President’s decision to make Afghanistan a foreign policy priority and also involve Pakistan in the action that is being taken has been accepted by Germany. • Afghanistan has recently agreed upon to make peace with Germany Shounak Banerjee PRN: 18020474018
  • 32. • Apart from the countries in EU, Germany attach great significance with USA, Russia and Asia, where attention is centered mainly on China. • Other important allies in Asia are India, Japan, Korea, etc. • Germany doesn’t have openly hostile relations with any country since it generally has had a hands off approach to foreign policy since WW2. Shounak Banerjee PRN: 18020474018
  • 33. FRANCE-GERMANY RELATION • The relationship is economically essential because French and German firms are thoroughly interwoven, with a huge amount of businesses operating on a European level in both countries, and France being the top importer of German goods. • Germany’s fate in the world is inextricably tied to it’s relationship with France. The Franco-German relationship is the basis for the European Union. Good relations with France is vital for their national security also. Shounak Banerjee PRN: 18020474018
  • 34. USA-GERMANY RELATION • USA – Its the largest foreign partner of Germany outside Europe • Strong economic interdependence and intensive political consultations make the USA Germany’s most important ally outside Europe • Most German multi-national companies have their regional offices in USA. Shounak Banerjee PRN: 18020474018
  • 35. RUSSIA-GERMANY RELATION • Russia – a difficult partner for Germany • The absence of the rule of law is one fundamental reason for the country’s lack of economic and social dynamism in comparison to other states. Russian foreign policy exhibits clear neo-imperial tendencies. Germany has traditionally cultivated good relations with Russia • The CDU/CSU parliamentary group in the German Bundestag has supported the negotiations that have begun concerning a new partnership and cooperation agreement between the EU and Russia Shounak Banerjee PRN: 18020474018
  • 36. CHINA-GERMANY RELATION • China – a partner for the future & biggest ally in Asia • China’s influence is expanding not just economically, but also politically and diplomatically, culturally and in the sphere of military strategy. • There are a broad range of structures within which discussions are taking place between the two sides in fields such as the economy, academic life, the environment and politics, discussions that also encompass a dialogue on human rights and the rule of law. All these will further improve China-German relation Shounak Banerjee PRN: 18020474018
  • 37. MIDDLE EAST-GERMANY RELATION • New hope in the Middle East for Germany • Angela Merkel, the German Federal Chancellor, has repeatedly articulated Germany’s strong interest in the Middle East peace process starting to move forward with greater momentum again towards the goal of a two state solution. • UAE is taking initiative to develop their Foreign & economic relation with Germany Shounak Banerjee PRN: 18020474018
  • 38. TURKEY-GERMANY RELATION • Turkey is a NATO member and technically an ally of Germany, though the lack of a German response to the recent coup attempt reveals that this relationship is quite cold. Erdogan’s massive crackdown on protesters, his raiding of the Ministry of Justice and arresting some ten thousand judges in his country, and his purging of all levels of civil service of political dissenters has provoked strong opposition from German society. • Turkey-German government tries to ignore it in order to keep a functional relationship going that keeps Turkey holding back refugees from entering Europe. Shounak Banerjee PRN: 18020474018
  • 39. INDO-GERMAN FOREIGN RELATION • India’s total trade with Germany increased from US$ 15 billion in 2007-08 to US$ 19.2 billion in 2015-16, reaching a peak in 2011-12 at US$23 billion. Germany is currently India’s sixth largest trading partner, with total trade standing at US$ 18.73 billion in 2016-17. • India’s exports to Germany increased from US$ 5.1 billion in 2007-08 to US$ 7.2 billion in 2016-17 (Refer to figure below), accounting for 17.2 per cent of India’s total exports to EU countries. Indian exports reached a peak in 2011-12 with US$ 7.9 billion. Indian imports from Germany increased from US$ 9.9 billion in 2007-08 to US$ 11.5 billion in 2016-17, accounting for 30.35 per cent of India’s total imports from EU countries. Shounak Banerjee PRN: 18020474018
  • 40. MAJOR INDO-GERMAN EXPORTS AND IMPORTS • Among India’s top imports from Germany, machinery and parts (HS Code 84) occupied the leading position in February-April 2016-17, accounting for 30 per cent of the total. Other major imports included electrical machinery and equipment, medical equipment and parts, vehicles and parts, and plastic and articles. • Major Indian exports to Germany included machinery and parts, followed by apparel and clothing accessories (knitted), organic chemicals, apparel and clothing accessories (not knitted) and vehicles and parts. IMPORTS EXPORTS Shounak Banerjee PRN: 18020474018
  • 41. THANK YOU Sonam Mukherjee PRN: 18020474019 Sunita Naik PRN: 18020474022 Shounak Banerjee PRN: 18020474018 Sumit Roy PRN: 18020474021