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MOTORINDIA
l
March 2012
101
innovation, outstanding infrastruc-
ture, and access to the entire Euro-
pean market. Especially the ingenu-
ity found in eastern Germany makes
the country attractive for poten-
tial partners from India,” said Mr.
Michael Pfeiffer, Chief Executive
of
Germany Trade & Invest.
In eastern Germany, automotive
giants operate modern factories that
take advantage of the excellent in-
frastructure and well-trained work-
force. This is also true for count-
less suppliers that joined the major
manufacturers in these regions. The
industry forums marked
Germany
Trade & Invest’s
first events as part
of this year’s Germany & India: In-
finite Opportunities celebrations.
Dr. Stefan Weckbach, German
Consul General, said: “The huge
German investments in India show
the importance the German manu-
facturers realise in India. It also
shows the possibilities for Indian
companies to co-operate and enter
into JVs with Germans.”
Mr. Pfeiffer disclosed that in
2010, Germany exported over EUR
9 billion in goods and services to In-
dia and imported more than EUR 6
billion. “At this point, there are ap-
proximately 280 Indian companies
with several thousand employees
already active in Germany. There
is definitely strong potential for
growth in these areas, and the auto-
motive industry is an excellent place
to start with”.
w
events
Mr. Andreas Stedtfeld,
Managing Director,
Dürr India Pvt. Ltd.
Mr. V. Sunder,
President & Group CFO,
Dynamatic Technologies Ltd.
Mr. Sebastian Wittke,
Sr. Manager, Mechanial & Electronic
Technologies, GTAI
Dr. Arun Kumar M. Sampath,
Head - Marketing & Sourcing,
Automotive Infotronics
The pictures here are those
of the main speakers
at the forum