Welcome to Embassy of India, Berlin(Germany)

Overview

India continues to be the fastest-growing major economy in the world recording 6.5% GDP growth in FY 2024-25 (8.2% in FY 2023-24). India’s robust economic trajectory is driven by strong private consumption, ongoing structural reforms, accelerated infrastructure development, and a dynamic digital ecosystem, amongst others. Amid the evolving global developments and the recent trade and tariff-related uncertainties, India’s domestic economy continues to show signs of stability and resilience. India remains one of the most attractive investment destinations globally.

The Government of India has launched several flagship initiatives such as Make in India, Start-up India, Digital India, Smart Cities Mission, and Atal Mission for Rejuvenation and Urban Transformation (AMRUT) to unlock vast economic and investment opportunities across the country. PM Gatishakti National Master Plan (NMP) focuses on enhancing multimodal connectivity infrastructure in various economic zones and aims to bring together the infrastructure schemes under a digital platform. These initiatives aim to modernize infrastructure, encourage innovation, and boost entrepreneurship. As a result, numerous foreign companies have established or expanded their operations in India, capitalizing on the country’s growing market and reform-driven policies. Under the Make in India programme, the Government is focused on increasing the manufacturing sector’s share of GDP from the current 17% to 25%, promoting self-reliance and job creation. The Digital India initiative continues to drive transformation by focusing on three key pillars: building robust digital infrastructure, delivering services digitally, and enhancing digital literacy across the population. Furthermore, with the liberalization of Foreign Direct Investment (FDI) norms in multiple sectors and the introduction of Production Linked Incentive (PLI) schemes in 14 strategic sectors (including electronics, pharmaceuticals, automotive, textiles, and renewable energy), India has emerged as a highly attractive destination for global investors.

India has reached a significant milestone in its renewable energy journey, with the country's total renewable energy capacity reaching 223 GW that includes 108 GW from solar and 51 GW from wind, placing India amongst the fastest growing renewable energy markets globally. Renewable energy-based electricity generation capacity accounts for more than 46.3 percent of India’s total installed capacity. This remarkable growth aligns with India’s ambitious renewable energy target of achieving 500 GW from non-fossil sources by 2030. India’s National Green Hydrogen Mission targets establishing 5 million tonnes of annual green hydrogen production capacity by 2030.

This section offers resources and links to help users gain an introductory understanding of the dynamic Indian economy and its evolving landscape.