The strikes by unionised workers in the nearly 4-million strong electrical engineering and metal industries hit companies such as Porsche AG, BMW and Mercedes
The manufacturer plans to close at least three German factories, shrink all other remaining sites in the country and slash wages by 10 per cent for around 140,000 workers
These barges, estimated to be worth $10 million each, will be brought in from overseas, but the firm eventually would tap into the local supply chain
Europe's biggest carmaker has been negotiating for weeks with unions over its plans to revamp its business and lower costs, including considering plant closures in Germany for the first time
India and Germany are both democratic countries, good partners and are regionally rooted but globally committed, Rear Admiral Helge Risch of the key European nation's Navy said on Saturday. Risch, the commander of the Task Force Group, was talking to reporters on board frigate FGS Baden-Wurttemberg in Vasco in Goa. The German frigate is currently at Mormugao Port in south Goa as a part of its Indo-Pacific deployment which began on May 7. "We are both democratic countries. We share a lot of values, we share a lot of interests. Both countries are regionally rooted but globally committed. This is the trigger for closer cooperation between India and Germany," the rear admiral said. Speaking about the joint naval exercise, he said the aim was to establish friendship and partnership between the two nations and its navies. "We will see future exercises but I cannot speak about any concrete plans at the moment. Maybe this was something our governments discussed (in New Delhi)," he said in
The case of Ariha Shah who is in Germany under foster has been followed very closely
Hubertus Heil, German Federal Minister of Labour and Social Affairs said that the message he has for India is- 'If you want to make it, make it in Germany'
Scholz pushes early EU FTA; Modi says right time to join India growth story
India and Germany on Friday expressed the "deepest concern" over the prolonged war in Ukraine and its tragic humanitarian consequences, with Prime Minister Narendra Modi and Chancellor Olaf Scholz sharing the view that the "use or threat of use" of nuclear weapons in the context of the conflict is "unacceptable". A joint statement issued by the Ministry of External Affairs (MEA) after the two leaders co-chaired the seventh round of the India-Germany Inter-Governmental Consultations in New Delhi said they also "unequivocally condemned" terrorism and violent extremism in all forms and manifestations. "The leaders expressed their deepest concern over the war raging on in Ukraine, including its terrible and tragic humanitarian consequences. They reiterated the need for a comprehensive, just and lasting peace in line with international law, consistent with the purposes and principles of the UN Charter, including respect for sovereignty and territorial integrity," it said. The leaders als
Expressing optimism, PM Modi said it will enhance Germany's economic growth by addressing its demand for skilled labour and also strengthen the economic cooperation between the two countries
Germany is one of India's top trading partners within the EU, with exports to Germany reaching $10 billion and imports from Germany at $16.7 billion in the FY24
Prime Minister Narendra Modi addresses Asia-Pacific Conference of German Business 2024 in New Delhi.
India's trade ministry earlier said a free trade deal cannot be agreed upon if there is an insistence on getting access to the Asian country's dairy sector
Watch: PM Modi and German Chancellor Olaf Scholz attend the joint press meet. German Chancellor Olaf Scholz is here to attend the Asia-Pacific Conference of German Business (APK).
Inviting German businesses to invest in the country, Prime Minister Narendra Modi on Friday said there is no better place for investment than India and this is the right time to join the country's growth story. Addressing the 18th Asia-Pacific Conference of German Business 2024 here, the prime minister emphasised that the time was 'right' for foreign investors to participate in India's growth story, join 'make in India' initiative and 'make for the world'. He also said the confidence that Germany has expressed in India's skilled manpower is amazing as the European nation has decided to increase visas for the skilled Indian workforce from 20,000 to 90,000. "This is the right time to join India's growth story... India becoming a global trade and manufacturing hub," Modi said, adding, today India stands on strong pillars of democracy, demography, demand and data. He further said that India is doing record investments in roads and ports and the Indo-Pacific region is very important for
Increased collaboration in new and emerging technologies is also expected, building on the India-Germany Vision Document released by Chancellor and PM Modi during former's State visit to India in 2023
German Chancellor Olaf Scholz arrived here on Thursday as part of his three-day official visit to India during which he and Prime Minister Narendra Modi will take part in wide-ranging talks on strategic ties in several key areas. The Ministry of External Affairs (MEA) in a post on X said, "Olaf Scholz of Germany lands in New Delhi for the 7th Intergovernmental Consultations and the 18th Asia Pacific Conference of German Business (APK 2024)." The Chancellor, who arrived late Thursday night, was received by Ministry of State Home Affairs Nityanand Rai. The MEA had in a statement earlier said that Scholz will pay an official visit to India from October 24 to 26 at the invitation of Prime Minister Modi. The two leaders will hold wide-ranging talks with a focus on boosting bilateral strategic ties, including in the areas of defence, trade, and clean energy. On Friday, Modi and Scholz will co-chair the seventh Intergovernmental Consultations (IGC). The IGC is a whole-of-government fram
AHK World Business Outlook, which surveyed around 820 members in Asia-Pacific and Greater China region, shows that 51 per cent of German companies based in India intend to increase their investments
Chancellor Olaf Scholz embarks on a three-day visit to India today accompanied by a large delegation of ministers and executives
So far this year, around 175,000 Indian tourists have visited Germany between January and July, contributing to 5,23,076 overnight stays