Pin collecting and trading goes as far back as 1896 when the first modern Olympics were held.
"The bilateral trade between the two countries, which is at present euro13 billion, will scale new heights in the coming years. Major German companies, which included Lufthansa, are planning more investments in India," Indo-German Chamber of Commerce Director General Bernhard Steinruecke told PTI on the sidelines of a convocation ceremony of Indo-German Training Centre in Chennai.
The minister addressed the Global India Business Meeting organised by the Federation of Indian Chambers of Commerce and Industry in the German city. CEOs of leading firms from India, Germany, the US and Saudi Arabia, including Siemens, Volkswagen, AirAsia, Bajaj Auto, Genpact India and Infosys attended the conclave.
Sensex remained volatile through the day.
Germany is now sitting on a mountain of savings.
Higher growth, reform bets have boosted returns but leave limited room for error.
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