German-Indian Roundtable
The German-Indian Roundtable (GIRT) has set itself the task to facilitate business relations between India and Germany. On 25 January 2022, GIRT offered a dialogue platform on “Opportunities & Potentials for German Companies in Indo-German Development Cooperation”. The event was supported by OAV (German-Asia-Pacific Business Association), GINSEP (German Indian Startup Exchange Program), LEG Thüringen, as well as BMZ and EFRE (European Regional Development Fund). The dialogue was opened by welcome remarks from Mr. Jochen Flasbarth, State Secretary at the German Federal Ministry for Economic Cooperation and Development (BMZ).
Prominent participants included Prof. Dr. Claudia Warning, Director General at BMZ, and Mr. Philipp Knill, Head of the India and South Asia Division at BMZ.
In a special breakout session on Renewable Energy, Dr. P.K.C. Bose, Vice Chairman and Managing Director of ENERCON Wind Energy India presented the highlights and milestones of ENERCON’s return to India. Mr. Tobias Winter, IGEF-SO emphasised that the Indian power market currently has an investment volume of about Euro 40 billion annually with volumes still increasing year over year. In cooperation with the Indian partners, Indo-German Development Cooperation is committed to support India’s energy sector to become greener every year. India offers innumerable business opportunities for those who have had the staying power and built up good relationships. The general advice on how to do business in India, once made by the previous president of the Indo-German Chamber of Commerce, was still found to be useful: “Patience and Relations”.