Germany commits 10 billion euros for green projects in India by 2030

PM Modi says both sides launched Indo-Germany partnership on sustainable development

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PM Narendra Modi and German Chancellor Olaf Scholz sign the collaboration contract in Berlin | Photo: Reuters

Asit Ranjan Mishra New Delhi
Germany on Monday committed to provide additional support worth euro 10 billion to India by 2030 to support green growth initiatives. The commitment came during Prime Minister Narendra Modi’s visit to the country — his first trip abroad this year.

India and Germany also agreed to work together on joint projects in third countries in an apparent signal to counter China’s debt-driven infra financing model. PM Modi held bilateral talks with Cha­ncellor Olaf Scholz and participated in the sixth round of Inter-Governmental Con­sultations (IGC) between the two countries.

“Germany intends to strengthen its fin­ancial and technical cooperation and other assistance

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First Published: May 02 2022 | 10:54 PM IST

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