Welcome

60 years of Indo-German development cooperation - a model of success for the future: Germany commits another 765 million euros

29.11.2018 - Press release

This year's Indo-German intergovernmental negotiations were marked by the celebration of 60 years of successful development cooperation between India and Germany.

The focus of the commitments is on renewables Energies and on urban development.

This year's Indo-German intergovernmental negotiations were marked by the celebration of 60 years of successful development cooperation between India and Germany. Today, in line with the growing global importance of Germany and India, both countries are committed to democracy, the rule of law, development goals of the United Nations and climate goals of Paris 2015. Germany's “energy transition” and India's initiative “International Solar Alliance” have set up an example worldwide.

Back then as well as today, India is the most important strategic development partner worldwide. With an average annual commitment of € 1.1 billion (since 2013), Germany is a reliable partner in the implementation of key global and Indian priorities, such as increasing the share of renewable energy to 175 gigawatts by 2020.

After today's successful signing of the protocol of the 2018 government negotiations by Dr. C. S. Mohapatra (Additional Secretary, Department of Economic Affairs, Ministry of Finance) and Prof. Dr. Claudia Warning (Head of Department at the Ministry for Economic Cooperation and Development -BMZ) with a volume of 765 million euros, the current project portfolio will be at 9.25 billion euros.

Top of page