<h1>India-Germany Trade Surpasses 20 Billion Euros Target; Focus on Pharma Collaborations and Celebrating 60 Years of Diplomacy.</h1> India and Germany are set to surpass their trade target of 20 billion Euros by 2012, with bilateral trade reaching nearly US$ 23.64 billion last year. The Indian Minister of Commerce and Industry met with the German Federal Minister of Economics and Technology to discuss enhancing economic ties, especially in the pharmaceutical sector, where opportunities for collaboration in generics are significant. The ministers also reviewed mutual investments, noting over 1,600 collaborations and 600 joint ventures. The ongoing German Year in India and the upcoming Days of India in Germany celebrate the 60th anniversary of diplomatic relations between the two countries.