During FY23, manufacturing exports grew by 6.03% to reach their highest-ever annual exports of US$ 447.46 billion, surpassing the record exports of US$ 422 billion from FY22. According to quarterly estimates for the first quarter of FY24, India’s gross value added (GVA) at current prices was anticipated to be US$ 770.08 billion. By 2025–2026, India’s manufacturing industry might surpass $1 trillion USD. By 2030, India has the potential to become a worldwide centre for manufacturing and contribute more than $500 billion a year to the world economy.
With a total FDI in India of US$505 million as of FY 2023–24, Germany ranks ninth among foreign direct investors in India. A total of US$14,643 million was invested in India between April 2000 and March 2024. Transportation, electrical equipment, metallurgical industries, the services sector (particularly insurance), chemicals, building, trading, and vehicles are the main areas of German investment in India.
The German Federal Statistical Office (DESTATIS) reports that bilateral commerce in products between Germany and India surpassed the previous year’s record amount in 2023. The trade volume reached USD 33 billion, a 5% increase over 2022. In the ranking of Germany’s most important sourcing countries for imports, India’s importance increased by one place and climbed to 23rd position, while India again ranked 22nd in the list of most important markets for German exports. In all, German businesses In 2023, exports to India totalled USD 17.8 billion. This set a new high for German exports to the subcontinent and represented an increase of over 14% over the previous year. In 2023, German imports from India totalled USD 15.2 billion, which was about 4% less than in 2022.
With this motivation the VDMA India office will be publishing the 6th Edition of the VDMA India Sourcing Newsletter in February 2025. This publication would serve as a valuable source of information of reputed companies from India who are interested in sourcing and supplying to German organizations. Please download the previous editions from the links here: SOFT COPIES OF PREVIOUS EDITIONS.
Publication Details
| Circulation | 2,000 hard copies |
| Language | English |
| Target readership | CEOs, MDs, Directors, GMs, Production Heads of German companies in India |
| Target industrial sectors | The manufacturing industry, primarily in the engineering sector like Automotive, Infrastructure / Construction & Machinery, Heavy Engineering, Steel & Metallurgy, Plastic Processing, Material handling, Automation, Pharma, Textile Food processing, Packaging, Energy, Mining, Process Technology to name a few |
| Deadlines | Confirmation deadline: 10th January 2025 Publication date: February 2025 |
Advertisement Dimensions
| Options | Dimension |
| Double Spread Advertisement | Width 42 cm x Height 29.7 cm |
| 1 Page Advertisement | Width 21 cm x Height 29.7 cm |
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