German Chancellor, Angela Merkel is on a visit to India to revive talks on Free Trade Agreement with the European Union (EU). They also agreed upon enhancing investments in smart cities & high speed trains. This agreement was made partnering with Germany’s medium & small enterprises also to extend its co-operation in the clean energy & Defence Sector.

Views:

·      India can learn a lot from Germany’s Ministry of Micro Small & Medium Enterprises (MSMEs) & take assistance in providing smart cities & thereby improving the country’s infrastructure.

·      India has received $8.19 billion FDI during April 2000 & June 2015 from Germany. This will boost the country’s economy to a great extent.