Germany's Excellence Meets India's Potential

Germany based manufacturers growing in India is an indicator of the country’s changing industrial landscape, marked by rising FDI and growing Indo German relations. The thriving of this ecosystem is a result of a strategic business relationship, which has been strengthened through joint ventures and government policies that have created conducive atmosphere for international business. India's strong economic environment is one of the key factors in this development. With their expertise in engineering and technological advancements, German companies, leaders in engineering and technological advancements, know exactly how to use these advantages to their benefit and have created production facilities and R&D centers in India as well. Investments in sectors like automotive, machinery, pharmaceuticals and renewable energy influence India’s GDP and create jobs.

In addition, the ‘Make in India’ initiative of the Indian government has been a magnet to German manufacturers. The initiative has strengthened supply chain efficiencies by encouraging German companies to localize production, by simplifying regulatory frameworks and promoting ease of doing business. Germany’s superiority in sustainability is a perfect match for both India’s emerging desire for eco-friendly methods and India’s aspiration to collaborate in the area of green technologies and in sustainable manufacturing. Another aspect is that trade relations have risen significantly between India and Germany, with Germany emerging as one of the biggest trading partners of India inside Europe. Several organizations are helping to network and facilitate collaboration between Indian and German companies for innovation and better knowledge transfer.

In this special issue, we introduce you to the top companies in from this ecosystem. Industry Outlook has identified the select few companies that have done particularly well with a high level of dedication. We have found that these companies have gone the extra mile in proving their commitment to meet the customer needs in an integrated manner.

We welcome your feedbacks and suggestion that you may have concerning this special issue.