Effective containment of Corona in India has saved the humanity from a very big tragedy: PM
Aatamnirbhar Bharat movement is committed to global good and global supply chain: PM
India offers a predictable and friendly environment from tax regime to FDI norms:PM
Country’s digital profile has been completely transformed: PM
India is focussing on sustainable urbanization with focus on ease of living, ease of doing business and climate sensitive development: PM

 

Namaskar,

First of all, I congratulate Professor Klaus Schwab and the entire team of the World Economic Forum. You have kept this important platform of the world economy alive even during this difficult time. At a time when the biggest question is how the world's economies will move forward, it is natural for everyone to turn to this forum.

Friends,

I have brought the message of confidence, positivity and hope from 1.3 billion Indians amidst these times of apprehension. There were no less difficulties before India when Corona happened. I remember what many reputed experts and top institutions in the world said in February-March-April last year. It was predicted that India would be the most affected country from corona all over the world. It was said that there would be a tsunami of corona infections in India, somebody said 700-800 million Indians would get infected while others said 2 million Indians would die.

The world's concern for a developing country like India was also natural given the state of affairs in the world’s greatest countries with modern health infrastructure. You can imagine our frame of mind. But India did not allow itself to be demoralized. Rather India moved ahead with a proactive approach with public participation.

We worked on strengthening the Covid specific health infrastructure, trained our human resources to tackle the pandemic and used technology massively for testing and tracking of the cases.

In this battle, everyone in India performed their duties with patience and turned the fight against corona into a people’s movement. Today India is among those countries which have succeeded in saving the lives of the maximum number of its citizens and as Mr. Prabhu said the number of people infected with  corona todayis rapidly decreasing.

Friends,

It would not be advisable to judge India's success with that of another country. In a country which is home to 18 percent of the world population, that country has saved humanity from a big disaster by containing corona effectively.

In the initial period of Corona, we were importing masks, PPE kits and test kits. Today, we are not only taking care of our domestic needs, but also serving the citizens of other countries by exporting these items.  And today it is India which has also launched the world's largest corona vaccination program.

In the first phase, we are vaccinating our 30 million health and frontline workers. You can imagine the speed with which India is vaccinating its people. In just 12 days, India has vaccinated more than 2.3 million health workers. In the next few months, we will meet the vaccination target of about 300 million elderly and co-morbidity patients.

Friends,

India has also fulfilled its global responsibility at this time of crisis by practicing thousands of years old invocation सर्वे सन्तु निरामया, i.e., may the entire world remain healthy. When airspace was closed in many countries of the world, India evacuated more than one lakh citizens to their countries and also sent necessary medicines to more than 150 countries. India gave online training to health workers from several countries. We also guided the world regarding India’s traditional medicine system Ayurveda which is helpful in boosting immunity.

Today, India is saving the lives of citizens of many countries by sending Covidvaccines and helping set up vaccination infrastructure there. It will be comforting for everybody at WEF to hear that right now there are only two ‘Made in India’ Corona vaccines, but in the coming days, many more vaccines will come. These vaccines will help us support other countries at greater scale and speed.

With this picture of India's success and potential, I am also assuring the world's economy that the conditions on the economic front will now change rapidly.  India had maintained economic activity by launching projects worth billions of rupees and by running special employment schemes even during Corona. Our priority then was to save each and every life, now each and every person of India is committed to the progress of the country.

Now, India is moving ahead with the resolve to become self-reliant. This aspiration for India's self-reliance will renew globalism. And I am convinced that this campaign will get a great help from Industry 4.0. There is also the reason behind this, and the basis of this faith.

Friends,

Experts point out that Industry 4.0 has four main factors -- Connectivity, Automation, Artificial Intelligence or Machine Learning and Real-Time Data. Today, India is one of the countries in the world where the cheapest data is available, where mobile connectivity and smart phones are also available in remote areas. The expert pool of India's automation design is also huge and most of the global companies have engineering centres in India. India's software engineers have been showcasing their potential to the world for years in Artificial Intelligence and Machine Learning.

Friends,

The way digital infrastructure has grown in India in the last six years is also a study material for experts in the World Economy Forum. This infrastructure has made digital solutions part of the day-to-day life of the people of India. Today, more than 1.3 billion people in India have a Universal ID – Aadhaar Card. People have bank accounts and the Universal IDs are connected to their phones. In the month of December itself, India did a transaction of 4 trillion rupees through UPI. Those from the banking sector here know how the developed countries in the world are trying to replicate the UPI system developed by India.

Friends,

We have also seen that during the Corona crisis many countries were worried about how to provide direct financial assistance to their citizens? You will be surprised to know that India has transferred more than 1.8 trillion rupees directly to bank accounts of more than 760 million people during this period. This is an example of the strength of India's strong digital infrastructure. Our digital infrastructure has also made the public service delivery efficient and transparent as well. India is now launching a campaign to provide Unique Health ID to its 1.3 billion citizens for easy access to healthcare.

And friends,

I also assure everyone today at this prestigious forum that every success of India will help in the success of the whole world. The Atmanirbhar Bharat campaign that we are running today is also fully committed to global goods and global supply chain. India also has the capacity and capability to strengthen the global supply chain, and most importantly reliability. India today has a huge consumer base and the more it expands, the more the global economy will benefit.

Friends,

Prof. Klaus Schwab had once said, "India is a global player full of possibilities.” I will also add to this today that India is full of confidence, full of new energy along with possibilities. Over the years, India has placed a lot of emphasis on reforms and incentives-based stimulus.

Even during Corona, India has accelerated the pace of structural reforms in almost every sector. These reforms are being supported through production-linked incentives. India now has a predictable and friendly environment from tax regime to FDI norms.

We are moving in the direction to improve the ease of doing business in India. And one important thing is that India is also matching its growth with the goals of climate change rapidly.

Friends,

Amidst this discussion on Industry 4.0, we all have to remember one more thing. The Corona crisis has reminded us of the value of humanism. We have to remember that Industry 4.0 is not for robots but for humans. We have to make sure that technology becomes the tool of ease of living and not a trap. The entire world will have to take steps together for this. I am sure we will succeed in this.

With this belief, I would like to move towards the question-answer session.

Thanks!

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India – Germany Joint Statement
January 12, 2026

At the invitation of Hon’ble Prime Minister Shri Narendra Modi, Federal Chancellor of the Federal Republic of Germany, H.E. Mr. Friedrich Merz, paid an official visit to India from 12-13 January 2026. The Chancellor was accompanied by a high-level delegation including 23 leading German CEOs and industry leaders.

This was Chancellor Merz’s first official visit to India and his first visit to Asia as Federal Chancellor, reflecting the high priority Germany attaches to India as a key strategic partner in the Indo-Pacific. The visit followed the successful 7th India–Germany Inter-Governmental Consultations (IGC) held in New Delhi on 25 October 2024, and comes at a high point in the journey of bilateral ties between the two countries, with completion of 25 years of India–Germany Strategic Partnership in 2025, and commemoration of 75 years of diplomatic relations in 2026. Both leaders sincerely appreciated the renewed momentum in bilateral engagement across government, business, civil society and academia that has played an instrumental role in advancing and deepening the Strategic Partnership.

Prime Minister Modi welcomed Chancellor Merz in Ahmedabad. The two Leaders paid floral tribute at the statue of Mahatma Gandhi at Sabarmati Ashram, and participated in the famous Kite Festival. The two Leaders also addressed India-Germany CEOs Forum. Chancellor Merz will also visit Bangalore with engagements focusing on business and technological collaboration between India and Germany.

Prime Minister Modi and Chancellor Merz held restricted and delegation-level talks in Ahmedabad on 12 January 2026. They reaffirmed the shared democratic values, commitment to a rules-based international order, and mutual respect underpinning the Strategic Partnership. Both leaders reviewed bilateral relations and discussed regional and global developments.

Defence and Security

The Leaders reaffirmed their commitment to strengthening defence and security cooperation. They welcomed the outcomes of the High Defence Committee meeting held in New Delhi in November 2025 to further augment bilateral defence cooperation including institutionalised services Staff Talks and visits of Service Chiefs. The leaders endorsed the commitment of both sides to deepen military-to-military cooperation through joint exercises, training and exchanges of senior officials, and noted with satisfaction regular reciprocal port calls by the Naval ships of both countries. The leaders welcomed the establishment of a new Track 1.5 Foreign Policy and Security Dialogue between the two countries.

Prime Minister Modi welcomed Germany’s intent to participate in Naval Exercise MILAN, and 9th Indian Ocean Naval Symposium (IONS) Conclave of Chiefs in February 2026, Air Combat Exercise TARANG SHAKTI in September 2026, as well as Germany’s decision to deploy a Liaison Officer to the Information Fusion Centre–Indian Ocean Region (IFC-IOR). Both sides expressed satisfaction at ongoing cooperation between Defence Research and Development Organisation (DRDO) and Organisation for Joint Armament Cooperation (OCCAR) for the Eurodrone MALE UAV programme, which will enable India to collaborate and harness advanced military technology and strengthen its strategic and defence ties with Europe.

The Leaders welcomed the signing of a Joint Declaration of Intent to develop a Defence Industrial Cooperation Roadmap to promote long-term industry-level collaboration, including technology partnerships, co-development and co-production of defence platforms and equipment. India welcomed Germany’s efforts to facilitate expeditious export clearances of defence equipment. The Leaders appreciated the growing interaction between Indian and German Defence businesses through Defence Roundtables/Seminars held in Berlin and New Delhi and welcomed regular exchanges in this area. Both Leaders lauded the continuing cooperation in submarines, obstacle avoidance system for helicopters and Counter Unmanned Aerial Systems (C-UAS), and looked forward to enhanced defence industrial collaboration by building a deepened relationship based on shared goals and complementarity of strength, namely skilled workforce and competitive costs from India and high technologies and investment from Germany.

In the context of cooperation on training and exchange, the two Leaders welcomed progress towards concluding a Memorandum of Understanding (MoU) on Peacekeeping training between institutions of both countries, Reciprocal Logistics Support Agreement between armed forces, and knowledge exchange in the field of new Defence Technologies between DRDO and Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw).

The two leaders unequivocally and strongly condemned terrorism and violent extremism in all its forms and manifestations including cross border terrorism. They called for concerted international efforts to combat terrorism in a comprehensive and sustained manner, in accordance with the UN Charter and international law. They condemned in the strongest terms the terrorist attack in Pahalgam, Jammu and Kashmir on 22 April 2025 and the terror incident in Delhi on 10 November 2025. They committed to strengthen co-operation against terrorists and terrorist entities, including those listed in the UN 1267 Sanctions Committee. Both sides also called upon all countries to continue to work towards eliminating terrorist safe havens and infrastructure as well as to disrupt terrorist networks and financing in accordance with international law. The Leaders welcomed the ratification of the Mutual Legal Assistance Treaty and noted the progress under the Joint Working Group on Counter-Terrorism.

Trade and Economy

The Leaders welcomed the sustained growth in bilateral trade and investment and noted that bilateral trade reached a record high in 2024, with the positive trend continuing through 2025. India-Germany bilateral trade in goods and services surpassed USD 50 billion in 2024, amounting to over 25% of India’s trade with EU. The leaders noted the strong two-way investments between India and Germany and the positive impacts of such investments in diversifying global supply chains. They reaffirmed their commitment to fully realising untapped economic potential, including through SMEs, startups, digitalization, AI, and innovation-driven enterprises. Prime Minister Modi invited German companies to invest / expand businesses in India to benefit from its strong economic growth, business-friendly environment, large highly-skilled workforce and immense opportunities to scale up operations. Chancellor Merz recommended Germany as an attractive location for investment by Indian companies.

Prime Minister Modi and Chancellor Merz reiterated their support for the conclusion of the India–EU Free Trade Agreement as a key outcome of the upcoming EU-India Summit, which will facilitate trade flows and inject further momentum into German-Indian economic relations.

The Leaders welcomed the signing of a Joint Declaration of Intent on strengthening the bilateral economic cooperation through the German-Indian CEO Forum, which will further promote business and industry collaboration, supported by the long-standing presence of German businesses in India and Indian businesses in Germany.

PM Modi and Chancellor Merz welcomed holding of the CEO forum, and interacted with leading CEOs and industry leaders of both sides to encourage more business collaboration and investment in areas such as technology, automotives, defence, shipbuilding, smart infrastructure, pharma, chemicals, bio-technology, industrial equipment engineering and energy.

Technology, Innovation, Science and Research

The Leaders welcomed progress in cooperation in critical and emerging technologies, including semiconductors, critical minerals, digitalisation, telecommunications, health and the bioeconomy; which consolidates the Innovation and Technology Partnership Roadmap.

They welcomed the strong willingness on both sides to establish an institutional dialogue across the semiconductor value chain through a new Joint Declaration of Intent on Semiconductor Ecosystem Partnership. They underlined the significance of enhanced institutional research and industrial collaboration between Indian and German semiconductor ecosystems. PM Modi welcomed opening of the Global Capability Centre (GCC) by German technology enterprise Infineon in GIFT city in March last year.

Recognizing the importance of resilient supply chains, the Leaders noted the progress on fostering collaboration in the field of critical minerals through a Joint Declaration of Intent (JDoI) on Critical Minerals cooperation. The two sides aim to explore opportunities in the areas of exploration of critical minerals, R&D, value addition through processing and recycling, as well as acquisition and development of critical mineral assets in both countries and third countries.

Regarding the Indo-German Digital Dialogue, the Leaders noted the finalization of its Work Plan for 2026–27 and emphasised the importance of collaboration on internet & data governance, AI, semiconductors and Industry 4.0, and emerging technologies. The Leaders acknowledged the signing of a JDoI on cooperation in the field of Telecommunications.

The leaders noted the extension of tenure of the Indo-German Science and Technology Centre (IGSTC) and expressed their satisfaction of IGSTC’s flagship role in promoting bilateral industry-academia strategic research in areas of advanced manufacturing, medical technologies, sustainable production, bioeconomy, waste to wealth initiatives, and artificial intelligence for sustainability. The leaders acknowledged the contribution of programmes under the IGSTC such as (2+2) industry-academia projects and Women Involvement in Science and Engineering Research (WISER).

Both Leaders welcomed the progress to establish Indo-German Centres of Excellence on Innovation (IG-CoE) focusing on Digital Convergence, Battery Technology, Green Transportation, and Affordable Healthcare. The Leaders expressed their appreciation on initiation of a bilateral cooperation on Bioeconomy, to deliver transformative outcome in genomics, 3D bioprinting & biomanfacturing. The Leaders also appreciated the high-level of engagement reflected in India’s participation in major science facilities at Facility for Antiproton and Ion Research (FAIR) and Deutsches Elektronen Synchrotron (DESY), and expressed confidence in the continued cooperation at PETRA-III and the free-electron laser facilities at DESY.

The Leaders noted the enhanced dialogue in the area of Space between Indian Space Research Organization (ISRO) and German Space Agency (DLR) and welcomed the possibility to further expand the cooperation between the two agencies. Both sides agreed to enhance space industry level engagements.

The Leaders reaffirmed their commitment to foster evidence-based and people centric traditional medicine practices for affordable healthcare. They welcomed the MoU between the All- India Institute of Ayurveda and Charité University of Germany to promote scientific cooperation in traditional medicine.

Green and Sustainable Development Partnership/Renewable Energy

The leaders noted that 2026 marks half-time of the commitment period of the Green and Sustainable Development Partnership (GSDP), and expressed satisfaction at implementation of this flagship initiative between India and Germany, which has intensified bilateral cooperation on sustainable development and climate action and strengthened the strong commitment to the SDGs and the implementation of the Paris Agreement. Out of German government’s total commitment of 10 billion euros until 2030, mostly as concessional loans, approximately 5 billion euros have already been used or earmarked since 2022 for projects on climate mitigation and adaptation, renewable energy, sustainable urban development, green urban mobility, natural resource management, forestry, biodiversity, agroecology, circular economy and skilling. In that way, Indo-German collaboration under GSDP has contributed to Government of India’s flagship programmes and projects such as PM e-Bus Sewa, the Solar Rooftop Programme, the National Green Hydrogen Mission, Ahmedabad, Surat and Bangalore Metro Rail Projects, the Water Vision 2047 as well as for, climate-resilient urban infrastructure in Tamil Nadu, battery storage project in West Bengal, the new Indo-German collaboration in the area of agro-photovoltaic and financing for public financial institutions to expand renewable energy.

The Leaders reaffirmed the importance of mobilising finance and investment for renewable energy and welcomed the joint efforts under the India-Germany Platform for Investments in Renewable Energy Worldwide, such as the launch of joint working groups on solar energy manufacturing and wind energy in October 2025, as well as the newly established Joint Working Group on Battery Energy Storage Solutions. These joint working groups will deepen bilateral collaboration in technology, standards, regulation and supply chain resilience for renewable energy, and foster exchange and investments of companies from India and Germany.

The Leaders expressed satisfaction at the ongoing cooperation on Green Hydrogen, including work under the joint roadmap within the Indo-German Energy Forum, and underscored the need to align India’s National Green Hydrogen Mission and Germany’s National Hydrogen Strategy through deeper technological, commercial and regulatory collaboration, as well as strengthened business-to-business linkages. To further advance cooperation on developing hydrogen regulations and standards in India, the Leaders welcomed the signing of the MoU between the Petroleum and Natural Gas Regulatory Board (PNGRB) and the German Technical and Scientific Association for Gas and Water Industries (DVGW). They also welcomed the signing of one of the largest Offtake Agreement under India's National Green hydrogen Mission, for supply of Green Ammonia from AM Green to Uniper Global Commodities.The Leaders welcomed the progress which has so far been made by committed stakeholders in the private sector, in particular a recently signed binding large-scale offtake agreement for Indian-produced green ammonia.

The leaders expressed satisfaction at the outcomes of Triangular Development Cooperation (TDC) projects in Africa and Latin America and reaffirmed the commitment of both sides to mobilizing complementary strengths and capabilities for supporting sustainable and inclusive development in third countries. They welcomed the decision to scale up TDC projects in Ghana, Cameroon and Malawi.

Indo-Pacific, Connectivity and Global Issues

The Leaders reaffirmed their commitment to a free and open Indo-Pacific, respect for international law including UNCLOS, and announced a new bilateral Indo-Pacific consultation mechanism. India welcomed Germany’s continued and growing engagement in the region, including activities under the Capacity Building and Resource Sharing pillar of the Indo-Pacific Oceans Initiative (IPOI) co-led by India and Germany.

Reaffirming their strong support to India–Middle East–Europe Economic Corridor (IMEC), the leaders emphasized its transformational potential in reshaping and promoting global commerce, connectivity and prosperity. In this context, they look forward to the first IMEC ministerial meeting to take concrete steps for advancing this initiative.

India and Germany reiterated the urgent need for comprehensive reforms of the UN Security Council, through the expansion of permanent and non-permanent categories of membership to reflect contemporary realities. In this regard, the two countries called for moving forward towards commencing text-based negotiations at the IGN.

The two leaders reiterated their concern over the ongoing war in Ukraine, which continues to cause immense human suffering and negative global consequences. They expressed support for efforts to achieve a comprehensive, just and lasting peace in Ukraine in accordance with international law and the principles of the UN Charter.

The two leaders welcomed the Gaza Peace Plan and noted the adoption of United Nations Security Council Resolution 2803 of 17 November 2025 as a step forward to end the conflict in Gaza. They encouraged all parties to implement this resolution in its entirety. They underlined the need for unhindered and at scale delivery of humanitarian aid to Gaza as well as unimpeded access for humanitarian organizations. They reaffirmed their readiness to support efforts towards just and durable peace and reiterated their call for a just, lasting and comprehensive resolution of the conflict in the Middle East in the form of a negotiated Two State Solution.

The Leaders underscored the urgent need for accelerated global action on climate change and welcomed the UNFCCC process. They highlighted the significance of the Paris Agreement and reaffirmation of COP 30 in Belém and the decisions taken under it in recent years, especially to create a Just Transition Mechanism and Technology Implementation Programme and look forward to the Global Stocktake. They called for significantly enhanced climate action and increasing efforts in the areas of climate finance and technology transfer to support developing countries in a just transition to green and sustainable energy systems and economies and in adapting to the increasing impacts of climate change. They emphasized the potential of well-designed climate action for economic development and poverty reduction and the importance of scaling up climate finance by all actors for shaping and accelerating the transition along national and cross-border value chains. They also recognized the threats by natural disasters and severe weather events as well as the implications arising from climate change, environmental degradation and biodiversity loss for security.

They agreed to strengthen cooperation in addressing global health challenges, including pandemic preparedness and response, combating antimicrobial resistance, and ensuring equitable access to affordable healthcare and medicines.

Education, Skilling, Mobility and Culture

Both leaders reaffirmed that strong people-to-people ties constitute a vital pillar of the Strategic Partnership and welcomed growing exchanges of students, researchers, skilled professionals, artists, and tourists. They recognized the valuable contribution of the Indian community to Germany's economy, innovation and cultural life, while underscoring the importance of expanded cooperation in education, research, vocational training, culture and youth exchanges to foster mutual understanding. PM Modi thanked Chancellor Merz for the announcement of the visa free transit facility for Indian passport holders for transiting through Germany which will not only facilitate and ease travel of Indian nationals, but will further intensify people to people links. Both sides expressed willingness to further strengthen legal mobility and strengthen cooperation on return of persons required to leave the country and in the fight against irregular migration, human trafficking and document and visa fraud[ by fully implementing the provisions of the Migration and Mobility Partnership Agreement (MMPA).

The Leaders noted the growing number of Indian students in Germany, as well as the expanding network of joint and dual degree programmes, collaborative research and institutional partnerships in higher education. The deepening exchanges are also reflected in projects designed to support Indian students’ and graduates’ job market integration in Germany. They welcomed the institutional linkages between Indian Institutes of Technology and Technical Universities in Germany. They welcomed the creation of an Indo-German Comprehensive Roadmap on Higher Education to deepen institutional linkages. PM Modi invited leading German universities to open campuses in India under the New Education Policy.

The Leaders expressed satisfaction at the ongoing cooperation in skilled migration under the Migration and Mobility Partnership Agreement. In line with this commitment and the German skilled labour strategy both countries aim to facilitate the mobility of skilled workers in a manner that benefits all parties while safeguarding against exploitation and ensuring compliance with international labour standards. The Leaders welcomed the signing of the JDI on Global Skills Partnership, which focuses on creating an ethical and sustainable framework for skilled mobility, particularly to address Germany’s growing demand for healthcare professionals, while safeguarding the rights and welfare of workers. The Leaders also welcomed the signing of the JDI to establish an Indo-German Centre of Excellence for Skilling in Renewable Energy, which will strengthen cooperation in curriculum development for the Indian and German job market, cooperation with German and Indian Industry and training of trainers in the renewable energy sector. In this context, both sides remain committed to the goal of expanding the teaching of the German language in India, including in secondary schools, universities and vocational education centers.

India and Germany share strong historical and cultural connections. The leaders welcomed the MoU between the German Maritime Museum - Leibniz Institute for Maritime History (DSM), Bremerhaven, and the National Maritime Heritage Complex at Lothal, which will deepen cooperation on maritime heritage and showcase shared elements of maritime history. In this context, there is renewed interest in museum collaborations. The leaders welcomed the finalization of the JDoI on Cooperation in Sport, which will strengthen collaboration inter alia in athlete training, sports governance, integrity and athletes' rights, as well as research in sport science.

Chancellor Merz thanked Prime Minister Modi for the warm hospitality extended to him and his delegation. Both Leaders agreed that the next India–Germany Inter-Governmental Consultations will be held in Germany later in 2026 and reaffirmed their shared commitment to further deepening the Strategic Partnership.