logo
#

Latest news with #Indo-GermanChamberof

Hamburg to host India Week 2025 with 70+ events, celebrating bilateral partnership
Hamburg to host India Week 2025 with 70+ events, celebrating bilateral partnership

India Gazette

time18-06-2025

  • Entertainment
  • India Gazette

Hamburg to host India Week 2025 with 70+ events, celebrating bilateral partnership

Hamburg [Germany], June 18 (ANI): The city of Hamburg in Germany is set to host the 11th edition of India Week Hamburg, transforming the city into a vibrant hub of Indo-German exchange, as per an official release. According to the release posted on Tuesday, the celebrations will feature over 70 events across business, culture, society, and knowledge, with the theme of 'Positioning Partnerships.' The event, set to take place between June 23 and June 29, promises to deepen the ties between India and Germany through dialogue, discovery, and cultural celebration. The week-long event will officially commence with a high-level Senate Reception at the historic Hamburg City Hall on June 23, featuring keynote addresses by the Ambassador of India to Germany, Ajit Gupte and the German Ambassador to India, Philipp Ackermann. As per the release, acclaimed Indian actress Shabana Azmi will also deliver a keynote speech, setting the stage for a series of engagements reflecting the bilateral relationship's richness and diversity. India Week Hamburg 2025 is structured around four key pillars--Business, Culture, Society, and Knowledge-- each designed to foster collaboration and innovation, with a strong focus on economic partnership, skilled migration, green innovation, and cultural collaboration, the release added. The key highlight of the event includes the Hamburg India Business Day on June 24, co-hosted by the Indo-German Chamber of Commerce and Hamburg business leaders, focusing on innovation and logistics. A German-Indian Innovation Night on the same day will spotlight AI, tech startups, and cross-border collaboration. The Curry and Culture - India Food Fest on June 29, a public celebration of Indian cuisine, music, and dance, alongside exhibits by leading Indian and German artists. In addition, there will be strategic communication sessions, workshops on Ayurveda, and exhibits by leading German and Indian artists. The programme will also feature discussions on legal reform, sustainable mobility, women in green jobs, LGBTQIA+ inclusion in the labour market, and the future of German small and medium-sized enterprises (SMEs) in collaboration with India. India Week Hamburg is a series of events that has showcased the close ties between Hamburg and India since 2007. It highlights the diversity of Indian culture and explores topics from politics, business, science, and society, aiming to strengthen exchange and cooperation. (ANI)

German firms eye India for future tech collaborations in manufacturing sector
German firms eye India for future tech collaborations in manufacturing sector

India Gazette

time08-06-2025

  • Business
  • India Gazette

German firms eye India for future tech collaborations in manufacturing sector

New Delhi [India], June 8 (ANI): As India is on the brink of becoming the fourth-largest economy in the current fiscal, an increasing number of German companies have ramped up their hunt for Indian partners with the intention of providing future technologies in the manufacturing sector. The German companies are looking for local partners to help Indian businesses in advancing production in areas such as green energy, semiconductor, and pharmaceutical sectors, among others. 'India is an important market; it's a growing market and has a huge amount of talent, and we are looking for talent because we are developing new technologies. We are the experts in the production field, and we are developing from the first sketch until the start of production. What we are doing here is we have invited our potential customers to this place (India),' said Rainer Wittich, CEO of EDAG Production Solutions GmbH & Co. KG. 'Many customers are going more and more into this activity. They want to build up the production areas more in the field of new technologies like green energy, electrolysers, semiconductors, and medicine pharma, and there we can help with our expertise,' Wittich added. The Indo-German Chamber of Commerce, in association with the Indian arm of Germany-based EDAG Group, organised an event to explore business partnerships with emerging local companies and talent to facilitate manufacturing. Talking to ANI during the event in New Delhi, Stefan Halusa, Director General at Indo-German Chamber of Commerce, said, 'So we're talking about smart factories, we're talking about smart people, we're talking about smart product development, and all of that contributes to the smart industry and for that we are getting very good responses because it gives a glimpse of what the industry could be like in a couple of years.' Answering the question of increased interest of German companies in India, Halusa said three factors are attracting German companies towards India, and they are local markets and economic growth, scale and capabilities of the economy. 'The first (factor) is the local market. The Indian economy is growing and it will continue to grow over the next couple of years. So if you look at growth around the world, India is one of the first and most important countries to look at. The second is scale. You look at India for export as well, to invest here also for exporting your goods and services, and the third one is the capabilities,' he added. Halusa further added that India has become a hub for research and development (R&D), which is another major factor towards the greater interest of German companies. 'A lot of global capability centres are here, so it becomes a hub for research and development and engineering, and this combination is unique, and this is why German companies are looking for growth around the world. This is why they come to India,' Halusa added. Going further, Halusa asserted that the German companies are waiting for the ongoing India-EU Free Trade Agreement (FTA) to be concluded, as Germany currently does not have an FTA with India. 'Our companies, of course, tell us that they're waiting for the FTA to be concluded because that could really be a game changer for German and European companies. Because India has already concluded trade agreements with a whole number of countries but not with Europe. So there is a risk for us to fall behind, and this is why it's so important for the German and European industry that actually now comes to a conclusion,' he added. The trade between two countries has reached USD 26.10 billion, with Indian exports at USD 9.83 billion in 2023-24. Indian imports from Germany reached USD 16.27 in FY24. Germany is currently the 10th largest trading partner in exports for India in April-October 2024. On the government front, leaders of both partner countries have underscored the crucial importance of a comprehensive Free Trade Agreement, Investment Protection Agreement and an Agreement on Geographical Indications between the European Union and India. (ANI)

Future Technologies In Manufacturing Sector: German firms eye India for future tech collaborations in manufacturing sector, ET Manufacturing
Future Technologies In Manufacturing Sector: German firms eye India for future tech collaborations in manufacturing sector, ET Manufacturing

Time of India

time08-06-2025

  • Business
  • Time of India

Future Technologies In Manufacturing Sector: German firms eye India for future tech collaborations in manufacturing sector, ET Manufacturing

Advt Advt Advt Advt As India is on the brink of becoming the fourth-largest economy in the current fiscal, an increasing number of German companies have ramped up their hunt for Indian partners with the intention of providing future technologies in the manufacturing German companies are looking for local partners to help Indian businesses in advancing production in areas such as green energy, semiconductor, and pharmaceutical sectors, among others."India is an important market; it's a growing market and has a huge amount of talent, and we are looking for talent because we are developing new technologies. We are the experts in the production field, and we are developing from the first sketch until the start of production. What we are doing here is we have invited our potential customers to this place (India)," said Rainer Wittich , CEO of EDAG Production Solutions GmbH & Co. KG "Many customers are going more and more into this activity. They want to build up the production areas more in the field of new technologies like green energy, electrolysers, semiconductors, and medicine pharma, and there we can help with our expertise," Wittich Indo-German Chamber of Commerce , in association with the Indian arm of Germany-based EDAG Group , organised an event to explore business partnerships with emerging local companies and talent to facilitate to during the event in New Delhi, Stefan Halusa , Director General at Indo-German Chamber of Commerce, said, "So we're talking about smart factories, we're talking about smart people, we're talking about smart product development, and all of that contributes to the smart industry and for that we are getting very good responses because it gives a glimpse of what the industry could be like in a couple of years."Answering the question of increased interest of German companies in India, Halusa said three factors are attracting German companies towards India, and they are local markets and economic growth, scale and capabilities of the economy."The first (factor) is the local market. The Indian economy is growing and it will continue to grow over the next couple of years. So if you look at growth around the world, India is one of the first and most important countries to look at. The second is scale. You look at India for export as well, to invest here also for exporting your goods and services, and the third one is the capabilities," he further added that India has become a hub for research and development (R&D), which is another major factor towards the greater interest of German companies."A lot of global capability centres are here, so it becomes a hub for research and development and engineering, and this combination is unique, and this is why German companies are looking for growth around the world. This is why they come to India," Halusa further, Halusa asserted that the German companies are waiting for the ongoing India-EU Free Trade Agreement ( FTA ) to be concluded, as Germany currently does not have an FTA with India."Our companies, of course, tell us that they're waiting for the FTA to be concluded because that could really be a game changer for German and European companies. Because India has already concluded trade agreements with a whole number of countries but not with Europe. So there is a risk for us to fall behind, and this is why it's so important for the German and European industry that actually now comes to a conclusion," he trade between two countries has reached $26.10 billion, with Indian exports at $9.83 billion in 2023-24. Indian imports from Germany reached $16.27 in FY24. Germany is currently the 10th largest trading partner in exports for India in April-October the government front, leaders of both partner countries have underscored the crucial importance of a comprehensive Free Trade Agreement, Investment Protection Agreement and an Agreement on Geographical Indications between the European Union and India.

German firms eye India for future tech collaborations in manufacturing sector
German firms eye India for future tech collaborations in manufacturing sector

Mint

time08-06-2025

  • Business
  • Mint

German firms eye India for future tech collaborations in manufacturing sector

New Delhi [India], June 8 (ANI): As India is on the brink of becoming the fourth-largest economy in the current fiscal, an increasing number of German companies have ramped up their hunt for Indian partners with the intention of providing future technologies in the manufacturing sector. The German companies are looking for local partners to help Indian businesses in advancing production in areas such as green energy, semiconductor, and pharmaceutical sectors, among others. "India is an important market; it's a growing market and has a huge amount of talent, and we are looking for talent because we are developing new technologies. We are the experts in the production field, and we are developing from the first sketch until the start of production. What we are doing here is we have invited our potential customers to this place (India)," said Rainer Wittich, CEO of EDAG Production Solutions GmbH & Co. KG. "Many customers are going more and more into this activity. They want to build up the production areas more in the field of new technologies like green energy, electrolysers, semiconductors, and medicine pharma, and there we can help with our expertise," Wittich added. The Indo-German Chamber of Commerce, in association with the Indian arm of Germany-based EDAG Group, organised an event to explore business partnerships with emerging local companies and talent to facilitate manufacturing. Talking to ANI during the event in New Delhi, Stefan Halusa, Director General at Indo-German Chamber of Commerce, said, "So we're talking about smart factories, we're talking about smart people, we're talking about smart product development, and all of that contributes to the smart industry and for that we are getting very good responses because it gives a glimpse of what the industry could be like in a couple of years." Answering the question of increased interest of German companies in India, Halusa said three factors are attracting German companies towards India, and they are local markets and economic growth, scale and capabilities of the economy. "The first (factor) is the local market. The Indian economy is growing and it will continue to grow over the next couple of years. So if you look at growth around the world, India is one of the first and most important countries to look at. The second is scale. You look at India for export as well, to invest here also for exporting your goods and services, and the third one is the capabilities," he added. Halusa further added that India has become a hub for research and development (R&D), which is another major factor towards the greater interest of German companies. "A lot of global capability centres are here, so it becomes a hub for research and development and engineering, and this combination is unique, and this is why German companies are looking for growth around the world. This is why they come to India," Halusa added. Going further, Halusa asserted that the German companies are waiting for the ongoing India-EU Free Trade Agreement (FTA) to be concluded, as Germany currently does not have an FTA with India. "Our companies, of course, tell us that they're waiting for the FTA to be concluded because that could really be a game changer for German and European companies. Because India has already concluded trade agreements with a whole number of countries but not with Europe. So there is a risk for us to fall behind, and this is why it's so important for the German and European industry that actually now comes to a conclusion," he added. The trade between two countries has reached USD 26.10 billion, with Indian exports at USD 9.83 billion in 2023-24. Indian imports from Germany reached USD 16.27 in FY24. Germany is currently the 10th largest trading partner in exports for India in April-October 2024. On the government front, leaders of both partner countries have underscored the crucial importance of a comprehensive Free Trade Agreement, Investment Protection Agreement and an Agreement on Geographical Indications between the European Union and India. (ANI)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store