On the one hand, it is a clear goal of the German government to expand and strengthen economic relations between India and Germany. On the other hand, the Indian
government wants to increase exports. Furthermore, the political leadership of both countries is promoting mutual trade.
Indian companies, with great products and services, are increasingly opening up new foreign markets through trade, cooperation, company formation and company takeovers. In addition, Indian companies,
especially SMEs, are increasingly viewing foreign countries as attractive destinations for their investments and long-term commitment. Germany offers the following advantages in order to exploit the
economic potential of both countries:
Challenges
The biggest challenges in the collaboration of Indian SMEs with the German and European markets are the cultural differences. Added to this are the diverse laws and regulations that do not exist in
India. It is also important to know the tax framework. It is therefore important to be confident in the legal and tax systems and to develop sensitivity to common business practices. Our in-depth
specialist knowledge is supported by a deep understanding of Indian and German culture.