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Rising Kashmir > Blog > Breaking > India-Greece trade expected to touch USD 5 billion by 2030: Top industry body
Breaking

India-Greece trade expected to touch USD 5 billion by 2030: Top industry body

ANI
Last updated: February 21, 2024 12:56 pm
ANI
Published: February 21, 2024
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Trade volumes between India and Greece have grown from approximately USD 690 million in the financial year 2021 to USD 1,950 million in 2023, said Sanjeev Agrawal, President, PHD Chamber of Commerce and Industry, in a press statement issued on Wednesday.

Going ahead, the trade numbers are expected to touch USD 5 billion by 2030, said Agrawal, at a time when Greece Prime Minister Kyriakos Mitsotakis is in India.

India-Greece trade surged in post-pandemic years and it more than doubled in the last two years, said the industry body PHDCCI.

India and Greece have strategic advantages in the realm of global interconnectedness. Greece serves as an excellent entry point for India to access Europe, while India acts as a gateway for Europe to tap into the Asian market.

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