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Can the recession in Germany potentially affect the Indian economy?

With a 0.3% contraction in GDP in the first quarter of this year, Germany is facing a technical recession. So, will the Indian economy take a hit because of the recession in Deutschland? Download the all-new Business Standard app: Join us: ... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing The current global recession, brought about by the Covid-19 pandemic, has led to widespread concern over its impact on economies around the world. One such concern is whether the recession in Germany will hit the Indian economy. Germany is considered the economic powerhouse of Europe, and with its close ties with India, there is reason to worry about the impact of the German recession on the Indian economy. Germany is an important trading partner for India. The two countries have maintained close business and economic ties for several decades. Germany i