Department of Economics, Banaras Hindu University, Varanasi. E Mail- vkm_bhu @yahoo.co.in
Undoubtedly, a progressively globalizing country like India needs for economic modernization which requires rapidly rising trade, huge inward FDI and technology supports. It would be difficult to fulfill without west. The Liberalization process provides a pace to faster increased economic co-operation with those. The paper looks into the prospects for Germany's economic co-operation and investigates the suitable areas to fill-up the gap of India's emerging economic requirements with enhancing the economic ties.