Indo-German relations

A large number of German companies now regard India as an absolutely essential trading partner. In addition to that, India’s economic programmes also depend on collaborations with Germany. On the one hand, Germany is supporting India’s plans to expand the renewable energy sector. When it comes to sustainable urban development or climate and resource protection, Germany’s contribution in India is significant. Qualified Indian professionals on the other hand are taking up key roles in many sectors across the industry in Germany. With this increased exchange, valuable insights have been gained from successful Indo-German collaborations between major German corporations and SMEs. “The Hanover Trade Fair” in 2015 greatly strengthened India’s role in economic cooperation. The common goal of promoting greater synergy effects became clearer and more concrete during this fair. An important success factor in all these collaborations is finding out a common ground to interact, collaborate and communicate in spite of many cultural differences. For a sustainable Indo-German collaboration, expertise in many key business areas becomes inevitable. Success depends above all on a network of experts.

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India on its way to self-reliance

“Atmanirbhar Bharat” is striving for self-reliance. It does not mean to isolate itself from the world, but to transform the country in such a way, that it becomes a significant, important part of the world economy.

This is how this mission was summarised by the Indian government. To achieve this autonomy, numerous government decisions have been made in recent years, such as those to increase foreign direct investments or to promote the country as a technology hub. These initiatives intend to drive India’s economic transformation into a sustainable and an important global player.

Make in India
“Make in India” is the government's largest economic programme aimed at facilitating investment, innovation, training of skilled workers, protection of intellectual property and quality products. The initiative is primarily aimed at attracting global investors, especially in key sectors such as automotive, chemicals, IT, textiles, tourism, aviation, railroads, and infrastructure. The response of partners worldwide has been positive since bureaucratic processes are simplified and made much more transparent. The constantly growing investment volume as well as the ever-increasing reputation of India promise a bright future, also for Indo-German collaborations.
Digital India
Digital India is an initiative of the Indian government to transform the country into a knowledge society with a strong digital economy. Through a variety of funding programmes, investments are made in the country's digital infrastructure and in the digital skills of the population. Special attention is also being paid to connecting the numerous Indian villages to the Internet.
In addition to the development of a stable digital infrastructure with efficient broadband coverage and mobile networks, and access to digital skills for everybody, the third component of this initiative is the expansion of digital services, especially in the local government – all this being developed and worked upon with high priority.
Startup India
“Startup India” is the Indian government's flagship initiative to strengthen the start-up scene in the country. The goal is to create an atmosphere in which innovative ideas and entrepreneurial spirit come together to create successful start-ups. This contributes to sustainable economic growth in the long term, creates intellectual property made in India and creates employment.
With this programme start-ups receive bureaucratic exemptions and financial support and partnerships with industry, helping them efficiently set foot in the market.
In addition, the government provides incentives to expand the start-up scene from the digital and technological area to other sectors such as agriculture, social services, education, health, etc. This initiative is particularly attractive for young people and has brought a number of successful start-ups on the road.
India's Education Reform 2020
One of India’s greatest strengths is its young population. While many industrial nations are struggling with an aging society, the average age in India is just under 27 years. The well-qualified young skilled workers are India's sure answer to demographic change worldwide.
Therefore, the question of education and continuous further qualification is more important than ever. India is reforming the education sector in 2020 with the aim of giving young people better access to university studies or vocational training. A relevant part of these reforms is also the internationalisation of Indian universities and more partnerships for increased exchange.

Invaluable partnerships and collaborations

Common goals and a lively exchange of ideas and experiences are of paramount importance for any growing company. That is why this network of trust, that was built over many years and is constantly developing, is an integral part of our existence.

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