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New Delhi (dpa) - The European Union is Indias largest trading partner, accounting for 20 per cent of Indias trade.

Prime Minister Narendra Modis maiden trip to France and Germany is aimed at increasing investment in India as well as creating business for European industries.

Indias main trading partners in the EU are France, Germany and Britain.

Here are some statistics that illustrate the extent of trade relations between India and the European Union:

- The value of EU-India trade grew from 28.6 billion euros (about 30 billion dollars) in 2003 to 72.7 billion euros in 2013, according to data from the European Commission;

- EU investment stock in India has grown substantially, reaching 41.8 billion euros in 2012;

- Trade in commercial services quadrupled in the past decade, increasing from 5.2 billion euros in 2002 to 22.7 billion euros in 2012;

- Germany is Indias largest trading partner in Europe and total bilateral trade between the two countries was valued at 16.08 billion euro in 2013, a decline of 2.08 per cent compared to the previous year;

- Total German foreign direct investment in India was valued at 7.57 billion dollars in the period from 1991 through September 2014, according to Indias Ministry for External Affairs;

- There are more than 1,600 Indo-German business collaborations and 600 Indo-German joint ventures in operation;

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BACKGROUND India's trade relations with the European Union, France and Germany