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India is calling: Attractive opportunities for mid-sized companies

Many German industrial companies are very concerned about the current development of the Chinese market. Various strategies have been considered to address Peking's isolationist tendencies, including exploring alternative markets. India is becoming increasingly prominent.

The Asian-Pacific Business Outlook of the German Chamber of Foreign Trade evaluates the business prospects of Asia as particularly positive. Many regional APAC companies are already planning to widen their expansion in the Indian market. German mid-sized companies have confidence in the current business position and prospects in India.  Among other reasons, the main factors are the market's significant size and growing consumer market. The increasing demand for industrial goods and services, combined with the economical expansion and progressive urbanisation present many opportunities for Germany companies.

Furthermore, India often provides more cost-effective production methods compared to Germany, due in part to its access to a well-qualified yet affordable workforce. Medium-sized companies can increase their efficiency by taking advantage of this price benefit, which can be a competitive advantage.

India has also become a significant location for Research and Development. Mid-sized businesses from Germany can benefit from this technological competence and innovative power through investment. Establishing partnerships with Indian companies and research institutions can provide access to new technologies and ideas, potentially strengthening the company's competitive position.

Finally, the Indian government has taken steps to enhance the business environment and promote foreign investment. The government's proactive support of investments has created a stable and attractive business environment for German mid-sized companies in India.

For over 15 years, we have been helping our client recruit local managers for their Indian subsidiaries. So far, we have successfully delivered directors, plant and R&D managers for our medium-sized customers. We work confidentially with a local recruitment agency to support us in that area. We are pleased to share our experience in India with you! Please feel free to contact us, and we will be happy to provide any assistance you may need.

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