GIRT Hamburg invites to its next meeting on Sept. 13, 2018

GIRT Hamburg and PwC join hands to organize an event to present results of recent studies of patterns in inwards and outwards FDI between India and Germany

Bild: R. Tiwari

Foreign direct investments (FDI) between India and Germany have been growing steadily. As per the official Bundesbank data, the consolidated stock of German FDI in India grew more than five-folds between 2006 and 2016: from €2.9 billion to €15.9 billion.[1] Today more than 600 German companies employ over 300,000 people in India and generate annual revenues worth €32 billion, which does not show in the trade statistics. Similarly, close to 100 Indian companies have invested €3.5 billion in Germany. They employ more than 20,000 people and generate annual revenues worth €11 billion in Germany.

So far, however, little information is publically available about the current patterns of German FDI in India, and vice versa, concerning the drivers of FDI, regional distribution and its effects on the host economy. German-Indian Round Table (GIRT) Hamburg is pleased to hold an event in cooperation with PwC Hamburg to shed more light on this and share this valuable knowledge with the interested firms, policy makers, media and individuals.

[see event details as PDF]

The event will begin with a brief welcome by Mr. Frank Quassowsky, Partner at PwC and Head of PwC’s India-German Business Group and by Dr. Rajnish Tiwari, Head of GIRT Hamburg.

The introductory words of the hosts shall be followed by a welcome address by India’s Consul General in Hamburg, Mr. Madan Lal Raigar, who will grace the event as chief guest.

The main keynote of the event will be on “German direct investments in India: Motives, regional distribution and effects” by Dr. Madan M. Arora. Dr. Arora is an entrepreneur and has served as co-head of GIRT Hannover. He has recently completed a Ph.D. dissertation on German FDI in India at the School of Economics and Management of Leibnitz University Hannover. In his study, Dr. Arora takes stock of German FDI in India and investigates the motives, design, choice of location, and the effects of investment decisions. His talk would be in German, followed with a discussion in English.

In a second presentation, Dr. Rajnish Tiwari will briefly present the results of a study of Indian FDI in Germany. This study is based on the Reserve Bank of India’s data on outward FDI between July 2007 and May 2018. This comprehensive study reveals the patterns of Indian investments in Germany.

The event details are as below:

  • Date: 13, 2018 (17:30 – 20.30 hours)
  • Place: PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Alsterufer 1, 20354 Hamburg

Our events are generally bi-lingual to allow interaction with all interested persons without language barriers. The meeting will provide an excellent opportunity for “networking” with snacks and finger food.

Participation in the event is free of charge, but requires a prior binding registration. Kindly register latest by Wednesday, Sept. 5, 2018 by e-mail to Due to limited availability of seats the accepted registrations will be confirmed. Right to admission is reserved.

Looking forward to an interesting and informative get together!

[1] The figures include investments in India by German holding companies based in third countries.

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