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Germany intends to give India 1 billion Euros for urban development

German companies are interested in investing in clean and green cities in India and are looking for partners.

India, which is set to see the "world's largest wave" of urbanisation in the next two decades, may receive around one billion Euros from Germany as part of its financial and technical assistance in the sector till 2022, India's ambassador to the country said here today.

German companies are very interested in investing in clean and green cities in India and are looking for partners, ambassador Mukta Dutta Tomar said.

"This is where you can bring the best of Indian business sense and German technology," she said while speaking at the Natcon 2018, the annual conference of the Confederation of Real Estate Developers Association of India (Credai) here.

The apex body of real estate developers is hosting the 18th edition of Natcon in the German capital.