India offers significant investment opportunities in medical technology, healthcare and startups, Union Commerce and Industry Minister Piyush Goyal said during meetings with German business leaders in Berlin on Friday.
The discussions focused on strengthening India-Germany economic ties, exploring investment opportunities and expanding cooperation across healthcare technology, media, education and technology.
Goyal met Carsten Coesfeld, member of the executive board of Bertelsmann and CEO of Bertelsmann Investments, to discuss potential investments in India’s startup ecosystem.
He said the discussions explored opportunities across startups, media, education and technology.
India MedTech investment opportunities draw Siemens Healthineers interest
Goyal also met Bernd Montag, CEO of Siemens Healthineers AG, to discuss expanding the company’s presence in India and strengthening cooperation in medical technology and affordable healthcare.
The minister highlighted India’s expanding healthcare sector, growing infrastructure and increasing emphasis on accessible healthcare services.
He said these developments offered opportunities to advance medical technology innovation, digitalisation and artificial intelligence-driven healthcare solutions.
Goyal also highlighted the potential for technology-led healthcare services to bring quality medical care closer to more people across India.
The discussions focused on potential collaboration in MedTech and affordable healthcare. However, the minister’s statement did not disclose specific investment commitments, project announcements or financial details arising from the meeting.
Bertelsmann Investments explores India’s startup ecosystem
Goyal’s meeting with Coesfeld focused on potential investment avenues within India’s startup ecosystem and opportunities across media, education and technology.
The discussions come as India seeks to strengthen its position as a destination for business investment and technology-led growth.
Bertelsmann Investments is part of the Bertelsmann group, which has interests across media, services and education. The meeting explored potential areas for investment, although no specific deals were announced in the minister’s statement.
India and Germany discuss wider economic cooperation
During his Berlin visit, Goyal also met Levin Holle, economic and financial policy adviser to Germany’s Federal Chancellor and G7 and G20 Sherpa.
The discussion focused on strengthening the India-Germany economic partnership and cooperation on shared global economic priorities through multilateral forums.
The meetings covered investment opportunities across several sectors, with healthcare technology and startups emerging as key areas of discussion.
While the engagements highlighted potential avenues for deeper business ties, the available information did not specify new agreements or investment amounts. Any future projects will depend on subsequent discussions and investment decisions by the companies involved.
