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. 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.
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.
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 →
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.
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 (email@example.com) 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.
We are pleased to invite to our next meeting, which will take place on Monday, the 13th June 2016.
This time we have the pleasure of hosting two special guest talks on the following topics:
“The age of digital enterprise: Opportunities of Indo-German collaboration”, by Mr. Ashutosh Kumar. Since 2002 Ashutosh is working with SAP at their head office in Germany. In his current role as chief business consultant he drives “IoT & Digital Experience” strategy services across EMEA region.
„India – A bright investment spot in global economy: assessment of last two years and opportunities on the Horizon“ by Mr. Manish Singla. He is currently Executive Director with Client Associates (Gurgaon) and is leading a team of seasoned family office professionals.
As usual, our meeting will take place from 18:30h onwards at Hotel Baseler Hof (Esplanade 11, 20354 Hamburg). In case of interest please send a binding registration by e-mail to firstname.lastname@example.org by June 7, 2016. Owing to space constraints we reserve the right to admission.
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. It is important to abide by this rule as this is the only way we can keep our events free-of-charge in representative settings.
„Hamburg will celebrate the sixth India Week from 2nd to 8th November this year. More than 60 events covering economy, culture, science and education, politics and society will showcase the profound expertise in Hamburg relating to India.
„What started as an initiative of the German-Indian Round Table (GIRT) in 2007, has become an institution over the years. Due to its growing size and wide range of topics, the event takes place every two years since 2009 and is organized under the lead of the Senate Chancellery together with the Ministry of Culture in Hamburg, the Hamburg Chamber of Commerce, the HWF Hamburg Business Development Corporation and the German-Indian Round Table as well as the Hamburg Representation Mumbai. Another important partner is the Consulate General of India, Hamburg.
„The purpose of India Week Hamburg is to display the multiple ties between Hamburg and India, strengthen existing partnerships and create new opportunities for cooperation. All those institutions, universities, companies, NGOs and others who are involved with India are invited to contribute. […]“
„[…] In the economic sphere, the Indian government has triggered many processes of change. Hence, during India Week Hamburg 2015, experts from Germany and India will provide a professional audience with the latest updates and discuss the specifics of doing business with India. To understand the Indian consumer is crucial for successful market entry and will be a focal topic of discussion. The legal framework will be an issue as well as the impact of the new investment policy “Make in India”. Potential German investors will receive in-depth information on tax regulations and the latest developments in Foreign Direct Investment. The issues of energy supply and renewables will be discussed as well as life sciences. The ongoing shift towards digitalization will be picked up by looking at digital ecosystems, mobile and e-commerce in India or the media’s search for online gold. […]“