India's top exports to Spain are textiles, organic chemicals, iron & steel, seafood, automobiles and leather.

India's major imports are mechanical appliances, electrical machinery, chemicals, plastic and mineral fuels.

There are nearly 200 Spanish companies in India mainly in the sectors of metallurgical industries, renewable energy, automotive, ceramics and infrastructure mainly in highways, transmission lines, tunnels and metro stations.

Maharashtra, Tamil Nadu, Gujarat, Andhra Pradesh and Karnataka are the major destinations for Spanish investments in India.

Commerce Secretary led the Indian delegation to the 11th round of India Spain JCEC held in Madrid in January 2018.

A Science, Technology and Innovation Steering Committee Meeting was held in September 2017 in Madrid, as highlighted in the Joint Statement during the PM's visit to Spain.

There are ongoing innovation driven joint R&D projects in sectors such as biosensors, bio pesticides, bio-economy, waste-to-energy, e-health and flexible electronics.

During 2017, the Embassy, in collaboration with its local chambers of Commerce and Industry associations, organized around 40 commercial events for trade and investment promotion and to present government's flagship initiatives.

These events were focused on key sectors like infrastructure, renewals energy, food processing, automotives, defence, IT, smart cities, tourism, agri-food sector, innovation and gastronomy On October 17, 2022, the Spanish Embassy in New Delhi arbitrarily denied visas to 21 female and male Indian Wrestlers, preventing them from participating in the U-23 World Championships scheduled in Pontevedra, Spain from October 17 - 23, 2022.