And for a Friday with the IGCC delegation in Germany, some thoughts….. some musings…..
This year the Indo German Chamber of Commerce (IGCC ) had its AGM in Munich. The delegation included the German Ambassador to India HE Dr. P Ackermann and Indian Ambassador HE Mr. P Harish. As was to be expected, there has been high interest in the results of the Indian Lok Sabha elections and it’s implications to Bilateral Trade and relations between Germany and India. The Indian Ambassador equally backed by his German counterpart, were unanimous in their opinion that Indo German business and trade relations will continue to maintain its current high momentum and further accelerate from the current 30 billion Euros trade levels. It was reaffirmed that all the key ministries impacting Investments, business and India’s global policies have remained the same and the current pre poll coalition has a strong bias to growth and stability. Hence the India growth story and investment potential continues to be highly attractive. This was also confirmed by the KPMG-IGCC study presented at the conference.
The delegation also visited some of the globally leading companies. German manufacturing continues to innovate and maintain its global leadership. At one of the BMW manufacturing plants, we saw the plant in production. About 1000 Electric Vehicles were being produced every day. What impressed was the most optimum use of AI and ML. Plant workers and staff were hardly to be seen anywhere. It’s all Robots. Yet human intervention also takes place to ensure highest standards of safety and reliability. One could see the typical German hallmarks of Innovation, Precision and traditions of Excellence.
India and Germany have huge opportunities to partner each other. Germany has now very much eased its immigration policies to meet its acute shortage of manpower. They desperately need Indian Professionals. Let’s all support every measure to further strengthen Indo-German opportunities the reliable way, the mutually beneficial way, the SEEGOS way.