Indo-German ties date back to the 16th century, but the co-operation between the two countries actually began in 1958 when Germany helped India in setting up the Rourkela Steel Plant.
The relations gained further momentum after India's reforms in the 1990s, with Germany becoming India's second largest trading partner in the EU after the UK and India gaining a place on the world stage with its huge potential for foreign trade and investment.
The bilateral relations between the two countries further intensified in the recent past after the "Agenda for the Indo-German Partnership in the 21st Century", was adopted by the heads of government, who since then, have been meeting regularly.
Last year India and Germany signed a "Joint Declaration" on April 23, 2006. The joint declaration stresses the strategic partnership of both countries, focussing on the future co-operation in the fields of energy, science & technology and defence.
Since India embarked on a course of reform in 1991, the volume of trade between the two countries has increased steadily and significantly.
India and Germany are actively engaged in providing impetus to the economic relations by identifying various areas where untapped complementarities hold the promise of further growth.
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Confederation of Indian Industry
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