Yes, India’s exports to Germany may get adversely impacted due to the ongoing global recession. The depressed state of the global economy has made it difficult for Indian exporters to compete in the German market, due to lower domestic demand and reduced purchasing power of importers.
Exporters have reported a drop in shipments, orders, and enquiries from their customers in Germany due to the recession. Moreover, the current market volatility has further hampered their ability to predict future demand patterns.
In order to continue exporting to Germany, Indian exporters need to adjust their strategies and pricing to remain competitive and generate profit. This may include engaging in regular communication with their German customers, focusing on quality and customizing their supply chain, and exploring alternative markets. Additionally, it is important for Indian exporters to keep a close eye on Germany’s plans for economic recovery, in order to better understand and prepare for any potential changes in demand.