Statistical

Reports

Contents

1. Economic Trends

2. Major Collaborations &

Investments

3. List of Trade Fairs - 2018

4. Trade Enquiries

5. Monthly Germany Economic

Growth

Dear Ladies & Gentlemen,

The Consulate General of India Frankfurt, Germany, is pleased to share the Monthly Report on the Commercial trends &

activities of the Consulate in its jurisdiction for the Month of November 2018. The German states, Northrhine Westphalia,

Hesse, Rhineland Palatinate and Saarland fall under the jurisdiction of the Indian Consulate in Frankfurt. We hope you find

the information useful and request you to share it with your colleagues.

With best regards,

Pratibha Parkar

Consul General of India Frankfurt, Germany

Significant Economic Trends between India & the four German States under the

jurisdiction of Consulate General of India Frankfurt

The growth trend for the overall trade between India and Germany for the month of

August 2018 remained comparable to the figures in previous month of July. The

Bilateral Trade between India and the four States falling under the jurisdiction of this

Post witnessed an overall healthy rise by 6.4 % in the period of Jan-August 2018 (€

4922.97 million) as compared to Jan-August 2017 (€ 4623.22 million).

The total bilateral trade between North Rhine-Westphalia and India in Jan-August 2018

witnessed an increase by 4.91% in comparison to the same period in 2017 and was € 3226.08

million; the total bilateral trade between Hesse and India experienced a increase (in

comparison to the last month) by 3.05% and was € 860-90 million; the total bilateral trade

between Rhineland-Palatinate and India increased by 11.71% and was € 671.68 million; & the

total bilateral trade between Saarland and India, witnessed a healthy increase by 47.35% and

was € 164.30 million. The State of North Rhine Westphalia accounted for 22.92% of the total

trade between India and Germany.

The total volume of trade between the two countries stood at € 14073.94 mn in Jan-

August 2018 as compared to € 12777.44 mn in Jan-August 2017. The overall trade

increased by 10.1% during this period. Indian exports to Germany during this time

increased by 3.24 % whilst Indian imports from Germany experienced an increase by

7.94%. The four states falling under the jurisdiction of CGI accounted for 35.83% of the

total trade between India and Germany in Jan-July 2018.

COMMERCIAL

NEWSLETTER

NOVEMBER 2018

Trade Fairs

B2G meets

Interaction

with SMEs

Major Collaborations and Investments: India and Northrhine Westphalia, Hesse, Rhineland Palatinate &

Saarland

North-Rhine Westphalia

Tata Steel to continue talks with EU for Tata Steel has noted the EC’s concerns and will continue its

discussions with the EC including providing further information and analysis, especially in relation to

sectors they have identified, to secure approval for the proposed joint venture,” the company said in a

statement. The Commission on Tuesday pointed out three areas where the combination of both

companies’ specialty flat carbon steel and electrical steel products could give them a dominant position:

steel for the automotive sector, metallic coated steel for packaging and grain-oriented electrical steel.

Rhineland-Palatinate

SCHOTT Tubing India to further invest 20 million euros in India: SCHOTT AG, a global pioneer in

manufacturing pharmaceutical glass and packaging, has announced the launch of a new glass tank in

its Indian manufacturing plant at Jambusar, Gujarat. The German technology group is further growing

its production capacity through this new tank facility with a total investment of more than 20 million

euros (approximately INR 180 crores). The investment comes at a time when the company is

celebrating 20 years of operations in India.The expansion is in response to the increasing demand for

high-quality pharmaceutical packaging material in the global market. Construction work on the new

tank facility has already begun and is expected to be completed within 18 months. Production from the

new tank is scheduled to begin by January 2020.

List of Trade Fairs under CGI Frankfurt jurisdiction for 2018

Trade Fair City Date

ALUMINIUM Düsseldorf 09.10.-11.10.2018

Frankfurt Book Fair Frankfurt 10.10.-14.10.2018

Glasstec – International Trade Fair Glass Production,

Processing, Products

Düsseldorf 23.10.-26.10.2018

MEDICA/COMPAMED Düsseldorf 12.11.-15.11.2018

Health Ingredients Europe Frankfurt 27.11.-29.11.2018

India Leather Days Offenbach 19.11-20.11.2018

Trade Enquiries CGI Frankfurt received enquiries of Indian companies

requesting us for export promotion for the following

products in the month of August 2018:

-Yarn -Stationary Items

-Food Products -Agriculture Products, Spices,disposable tableware

- Basmati Rice - Human Hair

- Herbal Products

- Jewellery

- Papads

- Milk Products

The economy should continue to be buttressed by resilient domestic demand on the back of higher

exports and private and public consumption, with private consumption expected to benefit from an

increase to the minimum wage. A disorderly Brexit and a pick-up in tensions between the EU and the

United States, however, remain key downside risks. FocusEconomics Consensus Forecast panelists

expect the economy to expand 1.8% in 2019, unchanged from last month’s forecast, and 1.6% in 2020.

(Source: Focus Economics)

Growth of German Economy in the month of October 2018

Outreach

We would be glad to receive your comments / suggessions on our Commercial Newsletter. Pls email us at com1.frankfurt@mea.gov.in

We have sent relevant lists of German importers to the Indian companies.

CG with the Infosys Team at the ‚Internet of Things‘ event at CGI Frankfurt

CG attending the India meets FrankfurtRheinMain event at e-shelter facility

CG at the Indian Pavillion at the Book Fair at Frankfurt Messe

CG meeting officials from KfW Development Bank at CGI Frankfurt

premises

CG at the launch of the Frankfurt-Mumbai inaugural Air

India flight at Fraport.