New Delhi, July 31 -- German Ambassador to India, Philipp Ackermann, on Thursday praised India as a "fabulous partner" and a world leader in technology, as European companies are closely watching developments in India, recognising its growing importance in the global tech landscape.

Speaking to ANI, the German Envoy emphasised the congruence of their interests in key areas such as semiconductor production.

He said, "Indian and German interests are very congruent. We want to have more share in the semiconductor production, and this is a great subject to discuss and compare notes."

"German companies are looking very closely at what happens in India as it is a world leader in technology and hence a fabulous partner," he added.

The ambass...