The rapid spread of the Covid-19 pandemic the world over during 2020 led to a health crisis which resulted in an unprecedented crash in global economic activity, the repercussions of which would be felt over the next few years. Within this scenario, Indian and German enterprises have the opportunity to capitalize on each other’s strengths and seek new opportunities in commercial engagement with each other. For Indian businesses, Germany has been a source of high-quality, reliable machinery and equipment as well as aircraft and auto components. Similarly, India enjoys a large and diversified manufacturing and services economy with varied output across the supply chain from raw materials to intermediates to finished goods, along with engineering products which find favour with German industry.
To enable Indian and German companies expand their trade and investment ties, CII has taken the initiative of bringing out a detailed Business Engagement Report titled “India – Germany Business Cooperation: Trade and Investments”.
The Business Engagement Report:
Identifies key products that can be sourced from India by Germany using a tool developed by CII based on the Export Specialisation Index
Specifies which of these products can fit into Germany’s global value chain
Outlines the sectors with most potential for German investments into India
Provides details of investment climate of 4 states that are the best destinations for Germany
Provides an overview of business climate and regulations in India and Germany
Outlines the modalities for starting a business in each country
Showcases some successful Indian and German companies