India
Information about the partnership
Partner country since 2009
Participants in the programme to date: 1171 executives
Political partner for the Federal Ministry for Economic Affairs and Climate Action: Department for Promotion of Industry and Internal Trade (DPIIT) of the Republic of India
Since mid-2023, India has been the world’s most populous nation. Forecasts suggest that India’s economic output will surpass that of Germany and Japan by the end of this decade. Following years of increasing infrastructure spending, experts are now registering growing investments in cement production and the steel industry. Construction machinery manufacturers and the automotive sector are experiencing a rise in demand.
India is one of the world’s largest food producers and can feed its population almost without food imports. This opens up considerable potential for cooperation on modern equipment and digital solutions for the agricultural sector.
As the country diversifies its foreign trade, more and more German companies are looking to do business with India. Important aspects here include the country’s western-oriented legal system, competitive wages and especially its sizable market. Resilience, risk minimisation and diversification are making the subcontinent an ever more attractive partner for business cooperation.
Partnering in Business with Germany is open to managers from all sectors. Most of the Indian participants in the programme come from family-owned Indian companies, mainly from the manufacturing sector. Key manufacturing sectors include electronics, motorised vehicles, pharmaceuticals and medical technology. Many programme participants are looking for opportunities to sell their own products in Germany, others are interested in new technologies. The Indian government has been funding environmentally friendly and energy-efficient industries in recent years. The number of participants working in the circular economy and energy efficiency sector is growing.
The Indo-German Business Development Association (IGBDA) is providing opportunities for dialogue between former programme participants. Annual networking events and a wide range of smaller regional and virtual workshops for alumni help develop closer contacts with the German business community.
