„Partnering India“: GIRT Hamburg invites to its next meeting

India has advanced to the position of the fifth largest global economy. As per IMF’s World Economic Outlook from April 2023, the size of India’s economy has nearly doubled from $1.7 trillion in 2010, to $3.4 trillion in 2022. It is estimated that within the next four years India will emerge as the third largest economy with a forecasted size of $5.2 trillion in 2027, overtaking Japan and Germany. Cumulative stock of inwards foreign direct investments (FDI) in India has doubled even faster: from $253 billion in 2014 to $514 billion in 2021, as per UNCTAD figures. The country has also emerged as a key source of outward FDI as well – with a cumulative stock of over $206 billion in 2021. With a young population and unsaturated markets, it offers tremendous opportunities for collaboration on multiple fronts, such as market growth, innovation activities and skilled migration.

While India’s increasingly important role in the global economy has been evident for some time, the significant changes in the geopolitical and geoeconomic spheres have made a collaboration between India and Germany, and indeed between India and the European Union, even more promising, especially in this year when India is holding the presidency of the G-20 nations. German-Indian Round Table (GIRT) Hamburg is pleased to hold an event on the theme of „Partnering India: A quest for growth & development“ in cooperation with the Consulate General of India to discuss the potentials, challenges and requisite measures in an interactive setting with representatives of firms, organizations, policy making institutions, media and other interested individuals.

We look forward to an introductory address from Ms. Soumya Gupta, Consul General of India in Hamburg, followed by a welcome address and introduction of GIRT by Prof. Dr. Rajnish Tiwari, Head of GIRT Hamburg and Professor of Global Innovation at Fresenius University of Applied Sciences (“Hochschule Fresenius”).

His Excellency, Mr. Parvathaneni Harish, India’s Ambassador to Germany, will grace the occasion as chief guest and deliver a keynote.

Dr. Stephan Buse, Deputy Head of the Institute for Technology and Innovation Management, and co-leader of GIRT Hamburg, will moderate the event and together with Prof. Tiwari discuss some key aspects of India’s national innovation system and its potential for global innovation value chains of firms, including those of small and medium-sized enterprises (SMEs).

The talks will be followed by an interactive session and networking opportunity over a dinner. 

The event details are as below (download as PDF):

  • Date: June 1, 2023 (18:00 – 21:00 hours)
  • Place: Auditorium, Consulate General of India
    Kohlhöfen 21, D-20355 Hamburg

Our events are generally bi-lingual to allow interaction with all interested persons without language barriers. The meeting will provide ample opportunity for networking over dinner.

The participation is free of charge but requires prior and binding registration by e-mail to Dr. Stephan Buse:

E-mail: stephan.buse@tuhh.de

Registration date: latest by Friday, May 26, 2023.

The right to admission is reserved and all accepted registrations will be individually confirmed.

Looking forward to an interesting and informative get together!

(Photo: TUHH/Jupitz)

„India: what next?“: GIRT Hamburg invites to its next meeting on August 26, 2019

India: What next?

  • Tracking important policy and regulatory changes for investors under the new government
  • GIRT Hamburg invites to its next meeting on August 26, 2019, 6 PM

India is making headlines. Moreover, it is making news not only for the recent political decisions involving recent policy measures in Jammu and Kashmir (J&K). For the first time in several decades, a sitting government has been returned to office in India with a full – and even increased – majority, in the largest democratic electoral exercise of the world.

Many experts interpret the clear majority for the ruling alliance as a direct mandate for Prime Minister Narendra Modi to undertake far-reaching reforms in the country. PM Modi has already announced his vision to turn India into a $5 trillion economy by 2024.

Significant reforms are needed to achieve this vision, especially in the face of reports of a slowdown in the economy. On the other hand, the country is witnessing many innovations and is making progress with digitalization.

The recent steps taken by the government for a full national integration of Jammu & Kashmir are also likely to have significant implications for the business and regulatory environment in the medium to long run.

It is in the backdrop of these developments that we invite you to our next meeting, which will be held on August 26, 2019 at 6 PM in the premises of Taylor Wessing.

  • The meeting will begin with a brief welcome by Dr. Philipp Behrendt, Partner at Taylor Wessing and and by Dr. Rajnish Tiwari, Head of GIRT Hamburg.
  • His Excellence, Mr. Madan Lal Raigar, India’s Consul General in Hamburg, will grace the occasion as the guest of honour and deliver a welcome address.
  • The main keynote at the event will be by Ms. Iris Winkler, a well-noted India expert and Senior Manager at PwC. Ms. Winkler will provide new insights on the latest investment scenario in India. She will also highlight some important policy measures introduced by the new government in its recent budget and the changes associated with them for investors.

This will be followed by a networking opportunity over snacks and a majestic view across the Elbphilharmony. The event is kindly supported by Taylor Wessing.

The event details are as below:

  • Date: August 26, 2019 (18:00 – 20.00 hours)
  • Place: Taylor Wessing
    Hanseatic Trade Center, Am Sandtorkai 41, 20457 Hamburg

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

The participation is free of charge but requires prior and binding registration by e-mail to tiwari@tuhh.de by Thursday, August 22, 2019. To enable a quality discussion, we reserve the right to admission and shall confirm the accepted registrations.

Looking forward to an interesting and informative get together!

[Download Infos as PDF]

 

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. Weiterlesen

GIRT Hamburg lädt zum nächsten Treffen am 13. September 2018 ein

GIRT Hamburg und PwC organisieren einen Info-Abend zu Entwicklungen in den Auslandsdirektinvestitionen (FDI) zwischen Deutschland und Indien

Bild: R. Tiwari

Die ausländischen Direktinvestitionen („foreign direct investments“: FDI) zwischen Deutschland und Indien nehmen kontinuierlich zu. Nach den offiziellen Daten der Bundesbank hat sich der konsolidierte Bestand an deutschen FDI in Indien zwischen 2006 und 2016 mehr als verfünffacht: von 2,9 Mrd. Euro auf 15,9 Mrd. Euro.  Heute beschäftigen mehr als 600 deutsche Unternehmen über 300.000 Menschen in Indien und erwirtschaften einen Jahresumsatz von rund 32 Milliarden Euro, der in der Handelsstatistik nicht ausgewiesen wird. Ebenso haben fast 100 indische Unternehmen 3,5 Milliarden Euro in Deutschland investiert. Sie beschäftigen mehr als 20.000 Mitarbeiter und erwirtschaften in Deutschland einen Jahresumsatz von etwa 11 Milliarden Euro.

Bisher sind jedoch nur wenige Informationen über die aktuelle Entwicklung der deutschen FDI in Indien (und umgekehrt) über die Treiber der FDI, die regionale Verteilung und ihre Auswirkungen auf die jeweilige Volkswirtschaft öffentlich zugänglich. German-Indian Round Table (GIRT) Hamburg freut sich, in Zusammenarbeit mit PwC Hamburg eine Veranstaltung auszurichten, um dieses wertvolle Wissen mit interessierten Vertreterinnen und Vertretern von Unternehmen, Politik, Wissenschaft, Medien und Individuen zu teilen, so dass die bilaterale Kooperation weiter ausgebaut und intensiviert werden kann.

[Veranstaltungsdetails als PDF]

Die Veranstaltung beginnt mit einer kurzen Begrüßung durch Herrn Frank Quassowsky, Partner bei PwC Hamburg und Leiter der PwC India-German Business Group, und durch Dr. Rajnish Tiwari, Leiter von GIRT Hamburg.

Den einleitenden Worten der Gastgeber folgt ein Grußwort durch den Ehrengast, dem indischen Generalkonsul in Hamburg, Herrn Madan Lal Raigar.

Im Mittelpunkt der Veranstaltung steht das Thema „Deutsche Direktinvestitionen in Indien: Motive, regionale Verteilung und Effekte“ von Herrn Dr. Madan M. Arora. Weiterlesen

Invitation to event: “Potentials of Indo-German Partnership in the Food Processing Industry”

Dear friends of German-Indian Round Table (GIRT) Hamburg,

Hopefully you have had an excellent start in the new year and I take this opportunity to wish you and your dear ones a wonderful, happy and healthy year ahead.

Farmer in UP India

A farmer in UP (India). Photo: Rajnish Tiwari

We are pleased to invite you to an event on the coming 23rd of January. The event is about the potentials of Indo-German partnership in the food processing industry and is being organized by the Consulate General of India (CGI) in Hamburg with active support of GIRT Hamburg. A study conducted on behalf of the CGI on this theme will be also launched at the event. Mr. Madan Lal Raigar, the Consul General of India in Hamburg, will deliver a welcome address. There will be a presentation of study results by me and we shall have time for a Q&A session followed by a small networking reception.

There is no fee for participation. Kindly send your registration to this event directly to the Consulate (com.hamburg@mea.gov.in) latest by January 18, 2017. Due to the limited number of seats available the Consulate reserves the right to accept registrations. The event shall be held in Hotel Baseler Hof, from 18:30h onwards on Monday, the 23rd January. Further details are available here.

Looking forward to welcoming you at the event.

With warm regards & best wishes

Rajnish Tiwari