Market Intelligence
Are you interested in the Indian market? We have compiled some general information for you here.
Facts and figures
India at a glance: do you want to know how many people live in India? How big the country is? Who the head of state is? You will find all this information and much more at a glance in our overview (German only).
The India fact sheet (German only) from the German Federal Foreign Office offers additional information about the country, as well as a number of helpful links.
Germany Trade and Invest (GTAI) provides a summary of the latest economic developments in India. The organisation’s web page on India (German only) includes a brief overview of industry trends, information about India as a location for business, and economic forecasts and analyses.
The German Federal Statistical Office regularly publishes further key performance indicators for India on its statistical country profile.
Foreign trade and current economic policies
India is currently the fastest-growing economy in the world, surging ahead of many other emerging and developing countries in Asia in terms of economic development. According to the International Monetary Fund (IMF), the Indian economy grew by 7.0 per cent in 2024. The IMF predicts that the country’s economy will continue on its strong upward trajectory, projecting growth of 6.5 per cent annually in 2025 and 2026.
The Indian government’s aim is to make the Indian economy self-reliant (‘Atmanirbhar Bharat’) and to bolster domestic industrial production. And this economic objective is also reflected in the country’s budget. For the upcoming fiscal years, the government is providing approximately EUR 21.74 billion in subsidies to support industrial manufacturing in India. A range of industries – including electronics, pharmaceuticals, medical technology and automobiles – are expected to enjoy the benefits of these Production Linked Incentives, as they are known, which will be paid out based on production volumes.
The project ‘Make in India Mittelstand’ from the Indian Embassy in Berlin has set the clear goal of boosting investment and fostering value creation in India.
Business practices in India
We have compiled comprehensive information on the legal frameworks in India, tips on successful negotiations, and the latest developments in labour costs and non-wage labour costs for you here (German only).