New Delhi, Oct. 24 -- India's exports of goods and services to Germany could exceed USD 50 billion by 2030, driven by greater utilisation of the India-EU free trade agreement (FTA) and deeper industrial cooperation, according to a report by the Associated Chambers of Commerce and Industry of India (ASSOCHAM).

The report was released by Union Commerce and Industry Minister Piyush Goyal in Berlin. It highlighted opportunities to expand market access, investment and business partnerships by leveraging India's and Germany's strengths in manufacturing, technology and innovation.

ASSOCHAM President Nirmal K. Minda said stronger industrial cooperation could create opportunities for businesses in both countries, particularly micro, small and me...