The “Hidden Champions” and the India Challenge

Invitation to an upcoming event:

The “Hidden Champions” and the India Challenge:
Market Entry and Cultivation Strategies for German “Mittelstand”

India has emerged as an important powerhouse of economic growth with global ramifications. An emerging and aspiring middle class, remarkable technological capabilities, integration in the global governance structures, and a supportive demographic structure coupled with the enormous need for modernization and upgrading of the country’s physical infrastructure provide an unparalleled avenue of economic growth for many coming decades. The “hidden champions” consisting of the renowned German “Mittelstand” (small and mid-sized firms) can participate in this growth story and help shape the Indian dream for “inclusive growth”. However, the long-term opportunities of engaging India seem too daunting for many a “hidden champion” owing to both real and perceived challenges in overcoming bureaucratic and market hurdles. At the same time, German firms would be ill-advised to ignore this market and leave the growth to their rivals from other (emerging market) multinationals.

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New publication: „Medium Business Sector goes India“

Guest contribution by Rajnish Tiwari in GIZ’s Fit for Partnership with Germany – Journal (Issue 1/2013, pp. 18-19): Indo-German cooperation forums enable broader market entry and an ideal win-win situation for German medium-sized businesses and Indian consumers.

(Download article as PDF, approx. 296 KB)

Registration for next GIRT meeting is closed

Dear friends,

The announcement of our next meeting in Hamburg has generated a very enthusiastic response, so that we already have more registrations than the seating capacity envisaged. We are therefore not in a position to accept new registrations. In case some registered participants cancel their registrations, then we will be happy to accept additional registrations.

We regret any inconvenience caused and hope to be able to offer you a registration next time. Please bear with us.

Thanks and best regards
Rajnish Tiwari

(Hamburg, 10.05.2013)

Invitation to next meeting of GIRT Hamburg on 27th May 2013

Quo vadis India? Deliberations on the Road Ahead

Dear friends of GIRT Hamburg,

We cordially invite you to the next meeting of German-Indian Round Table in Hamburg on 27th of May (18:30h). Considering that past few weeks and months have witnessed mixed reporting on India in Germany, a feeling of uncertainty has been created in some quarters. Concerns have been raised about issues such as the protection of intellectual property, ease of doing business, slowing pace of economic growth, and even of personal safety of women in India. The volume of bilateral trade too has gone down the previous year.

And yet, there seems to be a clear silver line on the horizon, as expressed by the strong fundamentals of India’s geography, demography, polity, and economy. In this meeting we intend to discuss, why despite all challenges – perceived or real – India continues to remain a resilient and attractive destination of choice for businesses seeking new and stable business models, valuable impulses for product and service innovations, and as a source of foreign direct investments (FDI). To put it in a nutshell, given the global socio-economic conditions Indo-German bilateral relations offer opportunities on a scale never witnessed before.

It is our pleasure to welcome Mr. Mukesh Ambasta, the Acting Consul General of India in Hamburg, as our guest that evening to share insights on policy measures and other efforts India is undertaking to revert to its targeted trajectory of growth. His talk would be preceded by a brief overview of recent economic developments in India upon completion of the fiscal year 2012-13 by Dr. Rajnish Tiwari, Head of GIRT Hamburg.

We will also utilize this opportunity to inform our members about the upcoming “India Week Hamburg”, scheduled to be celebrated from 7th to 15th September 2013, which is – as in previous years – co-organized by GIRT Hamburg in close collaboration with institutional players such as the Senate Chancellery and Ministry of Culture of the Free and Hanseatic City of Hamburg, the Hamburg Chamber of Commerce, and the Hamburg Business Development Corporation (HWF) along with many other valued partners from the Metropolitan Region.

As usual, this GIRT meeting will take place in Hotel Baseler Hof (Esplanade 11, 20354 Hamburg). In case of interest please write to tiwari@tuhh.de. Owing to space constraints we reserve the right to admission and will explicitly confirm accepted registrations. Please also note that GIRT meetings are held as a “Stammtisch” which means there is no entry or participation fee but the participants are expected to consume their evening meal at the venue and pay for one’s own consumption.

Looking forward to an interesting and informative get together!

With kind regards,
Rajnish Tiwari

(Download PDF)

Talk on: „India’s Emergence as a Global Hub for Frugal Innovations“

Public Events at Universität Hamburg: „India’s Emergence as a Global Hub for Frugal Innovations“ (29 April 2013, 18:15 – 19:45, Hörsaal H, Hauptgebäude, Edmund-Siemers-Allee 1 / Dr. Rajnish Tiwari, Institute of Technology & Innovation Management, Technical University Hamburg-Harburg

See: http://www.uni-hamburg.de/campuslife/events_e.html

For more information on the lecture series „Economic Developments in South Asia“, see: http://www.aww.uni-hamburg.de/EconomicDevelopmentsSouthAsia.html

Or, see PDF file: UniHH_Lectures_SoSe2013