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Indo-German trade to touch € 10 b

Our Bureau

New Delhi, Nov 20

Indo-German trade is expected to double at the end of the current year at 10 billion euros from the 2004 trade level of five billion euros. "With the trade between the two countries already reaching 6.5 billion euros in the first eight months of the current year, it is likely to touch 10 billon euros this year, doubling in just two years," said Mr Bernhard Steinruecke, Director-General of the Indo-German Chamber of Commerce. Germany's exports to India registered 40 per cent jump in the first eight months to 3.8 billion euros.

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