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September 16th, 2007
Indo-German trade to cross 20 bln euros by 2012
: The Indo-German bilateral trade will cross 20 billion euro mark in the next five years on account of new level of economic engagement and stronger B2B ties between the two countries, a Ficci-KPMG paper said.
Besides traditional sectors such as engineering, automotives, chemicals and pharmaceuticals, there are several other new areas that both countries can cooperate in including infrastructure, construction, logistics, transportation, renewable energy, nanotechnology, biotechnology, retail, financial services and defence.
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