Volume 66 | Issue 04, 2022

n Adoption of Electric

Vehicles
n IGCC’s 66th AGM
n CEO Roundtable
The business magazine of the Indo-German Chamber of Commerce n Connect 2022
 MAKING IN INDIA FOR THE WORLD Volume 66 | Issue 04, 2022

n The Power &

Electricity Industry
n Transcend & Rise
n Fasal Ki Raksha,

The business magazine of the Indo-German Chamber of Commerce Bhavishya Ki Suraksha

India &
Germany: Accelerating Adoption of
Electric Vehicles
India’s and Germany’s e-mobility markets continue to
grow, aided by supply and government subsidies

Kalyani Group is a 2.5 billion USD multinational conglomerate with high technology, engineering and manufacturing capability
across critical sectors such as Defence and Aerospace, Engineering Steel, Automotive, Industrial, Urban Infrastructure and
Specialty Chemicals. The Group has been a flag bearer of ‘Make in India’ across sectors including Defence and Aerospace.

E X P A N D I N G H O R I Z O N S
DEFENCE

Kalyani Group (Bharat Forge Limited), Mundhwa, Pune - 411 036, India, Tel: +91-20-67042777,
 EDITORIAL
Dear Members and Friends of IGCC,
This year was supposed to bring us the “new normal” after
the end of the COVID pandemic. However, looking at where
the world stands today, I sincerely hope we do not have to
get used to this as “normality”. In place of accepting that
global collaboration is crucial to combating the causes
and consequences of dramatic climate change and to start
taking action, we are instead discussing the decoupling of
economies and countries and building political blockades
and who we should support.
Triggered by the Russian invasion of Ukraine, the following
energy crises and record-high inflation, the German
government and business leaders have entered into a
discussion on reducing dependencies. China is Germany’s
most important trade partner. This is critical in more than
one way. First, we depend on the supply of certain raw
materials and components for industrial production in
Germany. Second, a number of our MNCs depend on the
Chinese market. And third, due to the political polarization,
companies (similar to states) may, at a certain point in time,
be forced to decide whether they want to continue their
business with China or their business with the USA.
IGCC President, Anupam Chaturvedi, and I had the pleasure of
attending the Asia-Pacific Conference of the German Industry
in Singapore on November 13 and 14. The speakers of the
event included German Chancellor Olaf Scholz as well as
the Minister of Economic Affairs and Climate Action and Vice-
Chancellor Robert Habeck. For two full days, business leaders
from Germany and Asia discussed reducing the dependence
on China, the largest trading partner for most Asian countries
and the second largest for India. Diversification and resilience
were the most used expression in that context.
During a special India Session, Mr. Chaturvedi, together with
the German Ambassador to India, Dr. Philipp Ackermann,
Dr. Volker Treier, Chief Economist of DIHK, and Vivek Bhatia,
MD and CEO of ThyssenKrupp Industries India, and I had the
opportunity to discuss with around 80 guests, which role
India can play in the diversification efforts of the industry.
There was a common understanding throughout the APK
and specifically in the India Session that India could be one
of the key beneficiaries of these efforts.
Business surveys in Europe and Germany indicate that
business sentiments are currently on very different
trajectories. While Germany is preparing for a recession
with record inflation, India reports and expects solid
economic growth with more moderate inflation rates. Private
consumption is robust, and investment is solid. Foreign trade
Follow us on
2 September 2022
EDITORIAL
is growing rapidly, yet with an expanding trade deficit. The
deficit needs to be reduced for trade to contribute positively
to economic growth, preferably through increasing exports.
This underlines the importance of two topics we keep
mentioning at every given opportunity; the importance of
investing in infrastructure to improve the competitiveness of
the Indian industry and the importance of trade agreements.
In summary, there is no automatism that a significant share
of additional investments of German companies in Asia will
end up in India. But, if politics and business will both do
their homework, jointly creating the right framework and
momentum of implementation, Indo-German business can
grow into new dimensions.
The positive business sentiment in India allowed us at IGCC
– to a large degree – to return to normality. In addition to
providing our services and training to our member companies,
that also meant that in recent weeks we were able to organize
larger events to reach out to hundreds of our members. We
had regional events in Pune, Bangalore and Chennai and our
AGM in Mumbai. Kolkata will follow on December 2, and on
December 10 and 11, we will conclude our event year with the
Christmas Market in Delhi.
At the Committee Meeting following the AGM on September
23, the new Office Bearers for 2022/2023 were elected. Former
Vice President Anupam Chaturvedi, Chief Representative of DZ
Bank India, was elected President, and George Ettiyil, Senior
Director, South Asia Lufthansa Group, was elected as Vice
President. I want to take the opportunity to thank both of them
for their engagement. Kaushik Shaparia, CEO of Deutsche
Bank India, was reelected as Treasurer. My special thanks to
him for being ready for a second term. I am very much looking
forward to collaborating with all three in the future.
A new President necessarily means bidding farewell to the old
President, Puneet Chhatwal, CEO of Indian Hotels Company
Ltd. The whole Committee and the members present at
the AGM thanked Mr. Chhatwal for his dedication and
contributions to the success of IGCC during his Presidency.
On that positive note, I thank all our members for their
patronage during 2022. Even more so, I want to thank our
Premium Partners and Sponsors for their support. The
IGCC team looks forward to working with all our members,
partners, and sponsors in 2023. Finally, I wish all of you, your
families, and your colleagues a happy holiday season.
Stefan Halusa, Director General
Enjoy the read of this edition of the IGE! Indo-German Chamber of Commerce
Indo-German economy Indo-German economy September 2022 3
 CONTENT
Expert for Projects
Networker for Solutions

COVER STORY
n India & Germany: Accelerating Adoption of Electric Vehicles 50
n Indo-German Trade 65

COOPERATION 9 n Successful Buyer’s mission for Machine tools

n Sourcing Opportunities & Challenges in India
n IGCC Welcomes Its New President - Anupam Chaturvedi
n IGCC, GIZ and MEPSC conclude Training of Master Trainers

FROM OUR PARTNERS’ DESK 12

n Hamburg Representation Mumbai elects its new Representative
SPECIAL REPORT 72
n The Power & Electricity Industry

TRADE FAIRS 13-20

n 14th IAA India Day at IAA Transportation, Hannover, Germany
IGTC NEWS 78
n Transcend: Rise to the next level!
n InnoTrans 2022: Industry summit for rail transport and mobility
n WindEnergy Hamburg and H2EXPO & CONFERENCE
SUSTAIN MARKETS 83-85
CHAMBER’S NEWS 24-47 n IGCC launches “Fasal Ki Raksha, Bhavishya Ki Suraksha”
n The Supply Chain Due Diligence Act
n IGCC’s 66th Annual General Meeting concludes successfully
n IGCC’s Committee Members
n Work Anniversaries
MEMBERS’ CONTRIBUTION 86
n Intercultural Training and Team Building in Blue-Collar Workers
n World Hydrogen Summit and Intersolar Europe 2022
n CEO Roundtable Conference
n The Fight Against COVID – Overcoming the Odds CONNECT 2022 88
n GHH-India Training Academy
n DUALpro conducts its first Potential Analysis Workshop BUSINESS OPPORTUNITIES 94

CURRENT PROJECTS
cacamena.com - Protection Systems
Renewable Energies - Buyers
LNG - Buyers www.ata.com.de
12 24 83
Follow us on Indo-German Chamber of Commerce IndoGerman IndoGermanChamberofCommerce IndoGermanChamberofCommerce
 COOPERATION

IGCC Welcomes Its

New President
W
e congratulate and thank
Anupam Chaturvedi, Chief
Representative of DZ BANK, as
the Indo-German Chamber of
Commerce President for the year 2022-2023.
He has held several roles with IGCC in the
past.

What is your experience as a Chief

Representative with DZ BANK?
I started as an Advisor to the then DG BANK
AG in July 1995 and thereafter facilitated
the Bank’s presentation to the authorities
for setting up a Representative Office in
Mumbai. The approval for DG BANK AG
India Representative Office was received
from RBI in February 1996. The Bank had
planned to expand itself in India soon after,
but the Asian Financial Crisis of 1997 and
the subsequent withdrawal of a number
of European/global banks from the Asian
market altered the earlier plans. The Asian
Financial Crisis also resulted in some
internal reorganisation within the DG BANK
group in Germany, and after adjustments, the
new entity DZ BANK AG came into existence
in the year 2001. Therefore, while the office
has existed for more than 26 years in India,
the strong business impetus was initiated
after the settlement of the initial setbacks in
global financial markets.
DZ BANK has been exceptional as an
employer both in terms of attitude towards
business as well as human resources. As
both a professional approach to exploring
business opportunities and a personal level,
there has been exceptional support. I have
continued with the Bank for more than 27
years in the position of Chief Representative.
You have been associated with the Chamber
for a long time in different roles. As the
President, what changes would you like to
bring to IGCC?
As a coincidence, my appointment to the
Bank was coordinated through the IGCC
and the then Director General, Dr. Günter
Krüger along with Anil Srivastava, were
personally involved in the process. I have
been involved with the IGCC ever since,
also participating in all their major events,
including the Annual Delegation to Germany
since 1996 though initially, I was not part of
the Managing Committee. After my initial
induction into the Managing Committee,
I quickly took over the role of Treasurer
in the year 2020 and thereafter, the Vice
President in 2021. As a result of my long
association of about 26 years with IGCC, I
have closely witnessed the growth of IGCC
in the enhancement and appropriateness of
the services provided by the Chamber to its
members as well as its connection with the
entire enabling environment, including the
German Consulate, German Embassy, GIZ,
DAAD, Goethe Institute, etc.
As India is likely to be the major
beneficiary of the China Plus One initiative
of global businesses, in my expectation,
Germany should be a front-running

InDo-German economy December 2022 9


contributor to this attention to India. For
me personally, therefore, the main areas
of interest would be the promotion of the
Make in India Mittlestand (MIIM) program
of the Government of India, increased B2B
contacts, facilitating larger FDI into the
country from Germany, further sharpening
of dual education and other services already
provided by IGCC.
Where do you see IGCC in one year?
IGCC has always played a pivotal role
in the Indo-German partnership for the
last 66 years, and it has been fortunate
that the leadership in the IGCC has been
constantly committed to enhancing both
ways of communication between India and
Germany. In my understanding, the role of
IGCC would further expand into providing
services on the DACH region’s businesses
as well as facilitating the European Union’s
role in India. With the increased attention of
global business to India and likewise Indian
business looking to expand in Germany/
Europe/globally, the nature of services
provided by the IGCC would have to quickly
adapt itself to the changed circumstances
and expectations of its members. Therefore,
the efforts of IGCC to include more
businesses in the membership of IGCC
would be pursued with greater vigour.
How do you see the Indo-German trade’s
future in this post-pandemic recovery stage?
India and Germany have been business
partners for over a few centuries. A number
of companies, as well as financial institutions
having their presence in India for almost
more than a century in India, which augurs
well for this new phase of focus on India as
a business partner. The last more than three
decades’ effort of India at economic reforms
has resulted in India’s position in the Ease
of Doing Business ranking growing rapidly;
therefore, trade and investment from
Germany is a natural fallout. In addition,
the fact that India has escaped almost
unscathed the substantial negative impact
of the last three years’ pandemic situation,
both in terms of expected recession and
currency fluctuations, it is expected to
gain the confidence of the international
InDo-German economy
COOPERATION
business community, including that from
Germany. It is also likely that the Indo-
German trade would substantially benefit
from the recently announced Euro 10
Billion Green Projects by 2030 commitment
of Germany. The existing institutional
framework would facilitate greater trade
in conventional and non-conventional
products like SaaS, technology transfer
and other goods/services. The restart of
Free Trade Agreement (FTA) discussions
between India and the European Union
provides a positive impetus to the business
environment between India and Germany.
As India’s GDP has gone up and down during
the pandemic, how do you see it developing
in the future?
After an initial setback to the high growth
of GDP in India in the years 2020 and 2021,
the recovery has been relatively robust,
neutralising the negative impacts. India can
look forward to high GDP growth this year
as well as in the coming years. The main
reasons for an almost V-shaped recovery
for India have been the relative alertness
of the Government of India as well as the
confidence of the Indian industry to avoid
major mishaps. The financial sector has
waded through the pandemic phase with
relative ease, and the Central Bank has
played its role with aplomb in keeping
inflation at bay as well as not allowing the
currency fluctuations to be out of control.
The main challenge presently is the high
deficit Balance of Payment situation
though the relatively comfortable Foreign
Exchange Reserve provides some solace. It
is expected that India’s GDP will continue to
grow consistently and be the front-runner
economy in the coming years reaching USD
10 Trillion mark in the next decade or so.
What are your hobbies? What do you like to
do in your free time?
As I follow life passionately, I have a fairly
diverse bag of hobbies, including sports,
reading, theatre, cinema and music, apart
from meeting people at every opportunity.
Naturally, each hobby gets a different
weightage at different points, but I try to
keep an adequate balance.
December 2022 11
 PARTNER’S DESK TRADE FAIRS

Hamburg Representation Mumbai elects its new

Representative for India and Mumbai region
“The end of one journey is the beginning of
the next”
- Joseph M. Marshall III

J
ust more than ten years back, the
IGCC welcomed the Hamburg
Representation in Mumbai. Since then,
the long association has led to fruitful
collaborations and been instrumental
support for many Indian and Hamburg-based
companies.
Four years back, Lea Miram joined the
Hamburg Representation Mumbai and,
thus, also became a part of the Indo-German
Chamber of Commerce. Throughout her
tenure, she strengthened the link between
the City of Hamburg and Mumbai. Of
course, India and Germany are two distinct
cultures, but the transition was seamless and
heartening.
Ms. Lea said, “Over the years, many great
memories came together and overall, it was
a pleasure to represent my favourite city in India since 2020.
the world in my favourite country. Moreover,
working at this interface with a wide range
“I love the conjunction of cultures, and
through my activities in Mumbai, I am 14th IAA India Day at IAA Transportation,
of stakeholders from business, culture, and
politics has provided me with a vivid picture of
constantly working towards promoting an
enriching experience on both sides. India Hannover, Germany

the great potential of multilevel cooperation
and the benefits of a strong partnership
between Hamburg and India.
Of course, it’s not easy to leave. However,
Hamburg is not only home to me but also to
many Indians. The sharp increase of Indian
businesses and students deciding to come to
Hamburg to create a future, contributing to
Hamburg’s multifaceted, vibrant cultural life,
will keep the Indian connection close by. I
am confident with Sameeha Sule as the new
Hamburg representative and her extensive
experience in strengthening the various
Indo-German relations. We will see a fresh
You can find more information approach to promoting and facilitating the
about the Hamburg
focus sectors of Hamburg in India and vice
representation office in
Mumbai on their website versa”.
www.hamburgmumbai.com Sameeha Pradeep Sule has been selected as
the new Hamburg representative in Mumbai
Connect with Sameeha
and will be taking after Lea Miram. She has
Pradeep Sule at +91 22 6665
215 or email her at been supporting Hamburg-based companies
sameeha.sule@hamburgmumbai.com and institutions with their queries concerning
is a large, heterogeneous and sometimes
extremely complex country. Therefore, I am
very pleased that we, as HRM, can support
companies in their activities and strengthen
relations with such a fascinating country and
globally significant market. I am delighted
and thankful for this opportunity. Lea was a
great mentor, and I hope that I will be able to
effectively walk in her footsteps and do more
for the Indo-Hamburg Business Community,”
added Ms. Sule.
The Hamburg Representation Mumbai
office, since its establishment in November
2011, has been involved in bridging the
gap between India and Germany by aiding
various economic, cultural, and academic
institutions. In addition, we actively support
private business firms and organizations from
both India and Germany to improve business
ties between the two countries. Our expertise
lies in the fields of Trade, Politics, Culture,
Education, Tourism and Liaison.
O
n 21st September 2022, the Indo-
German Chamber of Commerce
(IGCC), together with the German
Association of the Automotive
Industry (VDA), the Automotive Component
Manufacturers Association of India (ACMA)
and the Society of Indian Automobile
Manufacturers (SIAM) celebrated the 14th
traditional IAA-India Day.
High-ranking speakers and guests met at
the new IAA TRANSPORTATION, Hannover,
to talk about the cooperation between the
two countries in the commercial vehicle
sector and to emphasize the importance of
Indo-German relations.
New trends and developments in the Indo-
German commercial vehicle sector were
presented. During her welcome address to
the participants, VDA-President Hildegard
Müller pointed out the importance of India
for the German vehicle industry, spoke
about the resumption of negotiations on
a free trade agreement between India and
the EU, and emphasized the benefits of this
agreement for both sides.
Dirk Matter, Director of IGCC in Duesseldorf,
presented an Overview of German Business
in India.
At this IAA TRANSPORTATION, VDA
welcomed many guests from India, including
the presidents and managing directors of
ACMA and SIAM, representatives from
The full event can be
the Ministry of Heavy Industries, and watched as a video here:
representatives of the Indian automotive 14th IAA India Day -
industry. In addition, the Indian supplier YouTube
https://www.youtube.com/
association ACMA, with its 180 square meter watch?v=Vh_P55XZd6k
pavilion, represented 15 companies from
the Indian automotive supply industry. For further information,
The Indo-German Cooperation has a long please contact Marius
Ochel at marius.ochel@vda.
history; India and Germany celebrated 70 de or Shivani Chaturvedi
years of diplomatic relations last year. For at shivani.chaturvedi@indo-
Germany, India is an important and reliable german.com.

12 December 2022 InDo-German economy InDo-German economy December 2022 13


COLLATED NAILS
HAND DRIVEN NAILS
partner that is gaining more and more significance. Today
German manufacturers and suppliers are represented in
India with more than 130 locations and production plants.
The Indian passenger car market continues to gain
importance. After more new cars were registered in India
than in Germany for the first time last year, the Indian
passenger car market was one of the few growth markets
worldwide in the first half of 2022. In 2021, the market
volume in India was 3.1 million passenger cars; for 2022,
the forecast is 3.6 million new cars. This would make
India the third-largest passenger car market worldwide,
behind China and the USA.
CUSTOM PACKAGED NAILS
The Indian economy is currently experiencing a strong
recovery from the effects of the Corona pandemic. We
also see this in the sales figures for commercial vehicles.
ISO 45001:2018 | ISO 9001:2015 | ISO 14001:2015 In the first half of the year, 474,000 commercial vehicles
were sold in India, 50% more than the previous year,
almost at the same level as before the Corona pandemic.
As a result, the Indian market for commercial vehicles is
one of the largest in the world.
GLOBAL FOOTPRINT CUSTOMIZED PACKAGING PRIVATE LABELLING Interesting and fruitful discussions, moderated by
Angela Mans, Head of Foreign Trade, VDA, rounded off the
successful event.
www.astrotechsteels.com | marketing@astrotechsteels.com
Indo-German economy
InnoTrans 2022:
Successful conclusion to the industry summit
for rail transport and mobility
I
nnoTrans is the world’s leading trade
fair for transport technology and
takes place every two years in Berlin.
The five segments at InnoTrans are
Railway Technology, Railway Infrastructure,
Public Transport, Interiors and Tunnel
Construction. InnoTrans is organised by
Messe Berlin and represented in India by
the Indo-German Chamber of Commerce.
The 13th edition of InnoTrans took place on
the Berlin Exhibition Grounds from 20 to 23
September 2022.
Sustainable mobility is the dominant theme
in the industry – InnoTrans 2022 clearly
confirmed that. Exhibitors and visitors drew
a positive conclusion after the four-day event.
2,834 exhibitors from 56 countries presented
Indo-German economy
TRADE FAIRS
the mobility sector’s entire range of products
and services on the Berlin Exhibition
Grounds, which were fully booked. Among
the exhibits were 250 world innovations, 128
vehicles and 14 buses. The main topics at
the trade fair were alternative drive systems,
battery-electric and fuel cell-powered buses
and trains.
This year the trade show had its largest-ever
Indian participation, with the presence of
52 exhibitors and many more trade visitors,
all of whom were highly satisfied with their
participation. They see InnoTrans as the most
important gathering for the industry, where
they can meet customers and make new
business contacts on one platform. It is also
a fantastic platform for exchanging industry
September 2022 15
 TRADE FAIRS

news, and after a four-year gap, the exhibitors

and visitors were delighted to meet in person
again finally.
Overall, 137,394 international visitors from
131 countries came to the German capital to
learn about this wide-ranging overview of the
industry’s products and services.

InnoTrans unites markets across borders

This year’s InnoTrans once again lived up to
its reputation as an international forum and
driving force of the industry.
At InnoTrans, Dr. Richard Lutz, CEO
of Deutsche Bahn, and Oleksander
Kamyshin, CEO of Ukrsalisnyzja (UZ), the
state-run Ukrainian rail network, signed
a memorandum of understanding. The
agreement guarantees UZ support for
reconstruction after the war. In addition, it
includes collaboration on expanding goods
supply corridors and terminal capacity as
well as wide-ranging consultation services
for introducing European rail operation and
management standards.
Poland’s rail vehicle manufacturer Pesa
and the mineral oil company and fuel station
operator PKN Orlen agreed to collaborate on
hydrogen-powered rail vehicles. As a group,
the two companies will put together an offer
for rail transport companies that will include
supplying rolling stock as well as hydrogen
and refuelling solutions.
Saudi Arabia was able to move forward with
ambitious plans for expanding its rail network.
The country had already signed agreements
with Deutsche Bahn and Siemens, said Dr.
Bashar Khalid Al Malik, CEO of the Saudi
Arabian Railway Company, at the trade fair.
With Deutsche Bahn, the project included a
knowledge transfer, while he said the topic
was also ticketing with Siemens.

Positive results ensure a good mood among

exhibitors
According to a representative survey,
exhibitors and trade visitors positively
assessed their attendance at the trade fair.
90% of trade visitors were highly satisfied
with their visit. 94% of exhibitors had a
positive overall impression of the trade fair.
At 91%, respectively, both groups said they
would readily recommend InnoTrans to
others. A high percentage of trade visitors
attended in a decision-making capacity, with
almost 50% occupying a senior position in

Indo-German economy September 2022 17


ENHANCING REACH
As an integrated professional services firm, Rödl & Partner is active at 107 wholly-owned loca-
tions in 50 countries. Our clients trust 5,260 colleagues and entrepreneurial minded partners in
the globally provided service lines.
Offering professional services in India means building bridges between the specific Indian and
European business requirements, helping organisations from both regions to invest successful-
ly abroad.
About MIIM
MIIM is a platform that integrates a
wide range of support services which
German Mittelstand companies and
Family-Owned Enterprises can avail
for entering the Indian market. MIIM,
a part of the Make in India initiative, is
a programme designed to facilitate
investment, foster innovation,
enhance skill development, protect
intellectual property and build best-
in-class manufacturing infrastructure.
Your contact persons
Germany
Nuremberg
Martin Wörlein
T + 49 911 9193 3010
martin.woerlein@roedl.com
Programme Offering
The MIIM programme offers all support
services like strategy consulting, M&A,
operational market entry support, tax &
legal support, financial services, project
financing, location services, technology
collaboration, facilitation of approvals
from Central & State Government agen-
cies under a single umbrella. The
program is supported by Department
for Promotion of Industry and Internal
Trade (DPIIT) and Embassy of India
(EOI) in Berlin.
India
Delhi / Ahmedabad
Gaurav Makhijani
T +91 124 6749 701
gaurav.makhijani@roedl.com
Knowledge Partner
Rödl & Partner is the Knowledge
Partner for the MIIM program for
year 2022 – 2023. As Knowledge
Partner we are entrusted with the
responsibility of bringing together
all the partners under this program
and work with the government in
bringing or nurturing more and
more German companies in India.
Mumbai / Pune /
Chennai / Bangalore
Rahul Oza
T + 91 20 6625 7100
rahul.oza@roedl.com
TRADE FAIRS
their company. 57.3% of trade visitors came
from abroad. Trade visitors from Europe
showed particularly keen interest in the trade
fair. Almost two-thirds came from the EU. A
high proportion of exhibitors (around 18%)
reported successful business deals. Nine out
of ten exhibitors expected good follow-up
business.
Sustainable mobility and comfort for
passengers
Numerous exhibitors made use of the rail
track and outdoor display area at InnoTrans
to draw maximum attention to their world
innovations. Among manufacturers,
sustainable mobility was the dominant
theme. On the rail track and outdoor display
area, Siemens Mobility presented the Mireo
Plus H, the next generation of hydrogen-
powered trains, as well as the Mireo Plus B,
which features a modular high-performance
battery system. Stadler displayed its
hydrogen-powered FLIRT H2 multiple-unit
train for the American passenger rail market
for the first time. Visitors could even witness
Alstom’s Coradia iLint hydrogen-powered
passenger train live, which is currently
operating twice daily from Berlin-Spandau
to Berlin-Ostbahnhof. Hitachi presented
its Blues Train, which combines diesel,
electric and battery-electric drive systems.
Finally, Vossloh exhibited its DM 20 hybrid
locomotive, which can also rapidly switch
operating modes and energy systems.
Deutsche Bahn was represented with
several innovative trains (Ideenzug). The
City version was incorporated in the middle
carriage of Hamburg’s digital S-Bahn. That
particular innovative train is still a future presented its all-electric city bus 3.0 on
concept. However, the one operated by the Bus Display. Also being shown was the
Südostbayernbahn, a double-decker carriage, Modell 2.2, the new electric bus for Berliner
is real and was exhibited by DB Regio in the Verkehrsbetriebe (BVG).
outdoor display area.
Supporting programme with all the latest
New drive systems on the Bus Display information
Once again, one of this year’s highlights was An outstanding supporting programme
the Bus Display, featuring 14 buses being
driven on the 500-metre-long demonstration
featuring wide-ranging discussion rounds,
lectures and events allowed visitors to
The next edition of the
fair is scheduled from
course in the Summer Garden. For the first learn about all the latest topics and trends 24 – 27 September 2024.
time, Solaris presented its Solaris Urbino
18 hydrogen, an 18-metre-long bus with
in the mobility sector, including driverless
rail vehicles, tunnel construction, smart
Registrations are already
open. To book your stand or
receive more information,
hydrogen as its main energy source. The public transport and innovative passenger please contact the Messe
ŠKODA H’CITY also uses hydrogen as a experiences. New: recordings of the live- Berlin Representative:
tanu.ailawadi@indo-german.
sustainable drive system. Van Hool was streamed events are available after the trade com or norma.remedios@indo-
represented with its A12 electric bus. Ebusco fair on the InnoTrans Plus online portal. german.com
Indo-German economy September 2022 19
 TRADE FAIRS
WindEnergy Hamburg and H2EXPO & CONFERENCE
give renewable energy a powerful boost
T
his year’s WindEnergy Hamburg
ended with the entire wind energy
and hydrogen industry signalling
a strong sense of optimism and
anticipation. Counting around 30,000 visitors
from 92 countries, WindEnergy Hamburg,
the world’s flagship fair of the wind industry,
demonstrated its leading role in driving the
expansion of renewable energy internationally.
In his keynote speech during the opening
event, Dr Robert Habeck, Federal Minister for
Economic Affairs and Climate Action, stressed
the importance of the event, saying, “It is a
great pleasure to open the world’s leading
trade fair for onshore and offshore wind
energy here in Hamburg. The roll-out of
wind energy and the expansion of renewable
energy, in general, has become more urgently
needed and more important than ever. An
accelerated energy transition is the key to a
secure and sustainable energy supply, not only
in Germany but right across Europe.”
20 September 2022
Bernd Aufderheide, President and CEO
Hamburg Messe und Congress, likewise
emphasised how urgently this event was
needed: “After four years without WindEnergy
Hamburg, we are excited to see well-filled
exhibition halls again and experience an
unreservedly positive mood. The global wind
energy industry was in urgent need of an
opportunity to meet in person and discuss the
pressing issues in these times of an energy and
climate crisis. Once again, it became clear that
renewable energy can be one of the keys to
overcoming our challenges, and the H2EXPO
& CONFERENCE is a perfect match for what
WindEnergy Hamburg stands for.”
The digitalisation of permitting processes
and the accelerated upgrading of electricity
grids were among the key topics addressed
by the flagship fair, as were wind turbine
upscaling and floating offshore wind
turbines. This year’s WindEnergy Hamburg
was more international than ever: The share
Indo-German economy
of international exhibitors, hailing from 37
different countries, was as high as 55%.
The conference programme drew visitors in
droves
For the first time, participation in the
conference programme, which took place
on four open stages right in the middle of
the exhibition halls, was free of charge for
all fair visitors. 78% of visitors said they had
taken advantage of the varied conference
programme. These forums, designed for
intense knowledge transfer, were organised
jointly by WindEnergy Hamburg and its
national and international partners, Global
Wind Energy Council (GWEC), the European
industry association WindEurope, the federal
organisation Bundesverband WindEnergie
e.V. (BWE), and the German engineering
industry association VDMA Power Systems.
The wide-ranging topics presented on the
stages prompted animated conversations
and encouraged the audience to share their
thoughts and ideas both during and after the
panel discussions.
H2EXPO & CONFERENCE to take place
annually
With 60 exhibiting companies, the hydrogen
sector was represented prominently at
the H2EXPO & CONFERENCE, a game
changer for the turn away from fossil fuels.
The extraordinary combination of highly
innovative, state-of-the-art technologies and
Indo-German economy
TRADE FAIRS
processes with a multifaceted presentation
programme in a separate hall was met with
much interest.
“The conference stage was attended very well
and appreciated very much on all days. The
attendees showed enormous interest in the
discussions and speeches of representatives
from business and politics about the latest
trends and the future of the international
hydrogen economy,” summarised Hamburg
Messe und Congress CEO Bernd Aufderheide.
The numbers support his assessment: 88% of
visitors praised the conference programme
enthusiastically.
On the second day of the fair, a cooperation
agreement was signed between the northern
German hydrogen networks, in which the
partners committed to cooperating on
hydrogen projects closely and regularly
and providing joint support to stakeholders
of the hydrogen industry. Furthermore, to
support the international, cross-sector ramp-
up of the hydrogen market, the H2EXPO
& CONFERENCE will take place annually,
offering a platform for innovation drivers
from politics and business in Hamburg.
Positive responses from associations
The participating national and international
industry organisations were unanimous
in drawing a positive conclusion about the
four-day fair. Sven Utermöhlen, Chairman
of WindEurope and CEO of the Offshore Wind
division of RWE Renewables, said: “In these
September 2022 21
 TRADE FAIRS

times of massive economic challenges, we

must not lose sights of our main goals: To
ensure energy security for our industries and
people and at the same time to reduce the
impacts of climate change. Therefore, we need
more renewables and we need more Wind
Power – and WindEnergy Hamburg is exactly
the right place to bring the people together
who effects the necessary developments as
fast as possible.”
Ben Backwell, CEO of the Global Wind Energy
Council (GWEC), summed up his impressions:
“The success of this week’s fair has surpassed
all expectations. The appetite of governments
and industry to take advantage of the huge
opportunities in the wind industry’s major and
emerging markets was evident. From the huge
crowds at GWEC’s Global Markets Theatre
all the way through to busy stands up, and
down the conference centre, the industry’s
readiness to rapidly scale up and deliver on
the ambitious targets set by countries across
the globe was clear.”
Björn Spiegel, Vice President of Bundesverband
Windenergie e.V. (BWE), similarly expressed
strong satisfaction: “Gathering for
WindEnergy Hamburg again for the first time
in four years really feels good, especially in a
year that is so important for our industry. We
can see that the industry clearly understands
the political decisions made in Berlin as what
they are: the confirmation that wind energy is
the powerful and reliable future source of the
bulk of our energy. No wonder the mood at
this international industry show was decidedly
optimistic in a way we haven’t experienced for
many years.”
Dr Dennis Rendschmidt, Managing Director new business ties and renew existing ones.
of VDMA Power Systems, added: “Wind energy More than 1,400 international exhibitors
is the key to resilience, security of supply and showcased the full range of innovations
climate neutrality in the energy system. I am and solutions the onshore and offshore
thrilled by the spirit of optimism, dynamism wind industry has to offer. Participating
and agility that could be felt here on every companies from India included Gala Precision
square metre of the trade fair. The political will Engineering Private Limited, Rajeshwari
for the ambitious expansion targets is a great Lalit Industries, Shore Auto Rubber Exports
opportunity for the industry and must now be Pvt. Ltd., and Tritorc Equipments Pvt Ltd.
supported with concrete political measures.” This year, two Indian delegations were also
The industry visitors likewise gave top marks organised at the event - one comprising private
to the event: 97% said their expectations in sector representatives and the other a high-
WindEnergy Hamburg had been fully met. level political delegation on green hydrogen
The most important reasons for attending this and offshore wind. For participation, please
fair included a strong need for information The next H2EXPO & CONFERENCE takes contact the Hamburg
about new products and trends, a better place on 26 and 27 September 2023. The next Messe Representative
in India: tanu.ailawadi@
general understanding of the market, and WindEnergy Hamburg will take place from 24 indo-german.com or norma.
seizing the opportunities to network, establish to 27 September 2024. remedios@indo-german.com

Indo-German economy September 2022 23

CHAMBER’S NEWS CHAMBER’S NEWS

Minister of Economy, Science, and the Digital

Society- Government of Thuringia, as our Chief
Guest.
The event started with a ribbon cutting
and opening remarks by Stefan Halusa,
Director General, IGCC, followed by an
address by Puneet Chhatwal, outgoing
President, IGCC and MD & CEO of IHCL, Achim
Fabig, German Consul General, Mumbai,
and Wolfgang Tiefensee, State Minister of
Economy, Science, and the Digital Society-
Government of Thuringia.
After the ribbon cutting Mr. Halusa, along

T
with Mr. Tiefensee and Mr. Fabig visited all

IGCC’s 66th Annual General

he 66th AGM of the Indo-German the stalls and interacted with all the member
Chamber of Commerce was held companies at the stalls. This year, there were
successfully on 23rd September 2022 13 select stalls of IGCC member companies

Meeting concludes successfully

at President hotel, Cuffe Parade, at the AGM venue. After interacting with
Mumbai. Close to 400 members were present companies at the booths, all the dignitaries
physically for the event. proceeded towards the Presidential Ballroom,
This year we had Wolfgang Tiefensee, State where the actual event was held.

24 December 2022 InDo-German economy InDo-German economy December 2022 25

CHAMBER’S NEWS
In his welcome address, Mr. Halusa
welcomed all the chief guests, members and
guests and introduced new office bearers
elected during the committee meeting that
was held before the AGM. This year we are
happy to welcome Anupam Chaturvedi,
Chief Representative DZ BANK AG, as incoming
President of IGCC, George Ettiyil, Senior
Director - South Asia at Lufthansa Group as
incoming Vice-President of IGCC and Kaushik
Shaparia, Chief Country Officer, Deutsche Bank
India as the Honorary Treasurer of IGCC. We
would also like to thank Puneet Chhatwal,
the outgoing President of IGCC, MD & CEO of
IHCL, for his valuable contribution during his
tenure as President of IGCC.
26 December 2022
During his address, Mr. Chhatwal spoke
about the relationship between IGCC and
Taj that formed in the Taj 66 years ago, in
1956. In addition, he highlighted Frankfurt’s
importance to him and all other office
bearers. While talking about his experiences
with Germany, he stated that his first large
project in Germany was in Leipzig. Despite
going through a number of difficulties, at
the end it was a very successful project. This
experience was useful for his MBA thesis on
the topic of ‘Development of Hotel Business
in 5 new states of Germany’.
Mr. Fabig, in his address during the AGM,
recalled his journey 30 years ago as an intern
of IGCC and highlighted India’s growth over
the years. He also stated that Indo-German
cooperation had become a powerhouse
InDo-German economy
CHAMBER’S NEWS
Mr. Tiefensee, in his address, highlighted
various problems that the world is currently
facing, like water shortage, decarbonization,
digitization, refugee challenges, etc. He
recalled the time when the world came
down, and reunification took place. During
that time, the number of industrial jobs in
Thuringia and Saxony reduced by almost
90%, and many were jobless. But with the
help of the western part of Germany and
European and with their own strength, they
solved these problems. Thuringia is now a
robust and excellent place to invest because
of the number of industrial jobs, among
many other reasons. He also said that we
need to find a balance between cooperation
and competition as there is a need to find
concrete projects and capable people willing
to work together. The state of Thuringia has a
strong growth-paced economy in the field of
in Maharashtra and India. Almost 1/3rd
of FDI comes to Maharashtra, and many
German companies are very successful
here on their own as they come here to
do business, to partner up and conquer
the markets. Additionally, he spoke about
how time changes, i.e. how several global
developments taking place right now are
shaping the world differently. As a result
of these changes in Germany, we must
look beyond, into different directions, and
understand different perspectives. India is
a good country for Germany to do business
with and is becoming a stronger economic
powerhouse in the world as well.
InDo-German economy December 2022 27

optical industry and automotive industries.
He also stated that India is on its way to
becoming the largest market in the world,
not only in terms of population alone but
also in terms of the enormous power that the
country now has gained.
Kersi Hilloo, CEO and Managing Director,
Fuchs Lubricants India Pvt Ltd and former
president of IGCC, briefed the audience
about the history of Dr. Günter Krüger Award
for excellence and remembered Dr. Mrs. Inge
Krüger, wife of the late Dr. Krüger and former
Deputy Director General IGCC. In addition,
he reminisced cherished memories of Dr.
Mrs. Krüger with IGCC as she passed away a
year ago.
Anupam Chaturvedi, Chief Representative
DZ BANK AG and incoming President of IGCC,
in his address, thanked all the members of
the managing committee for reposing faith
in him for the position of President of IGCC
and expressed his pleasure to take charge
in a phase where the world is opening and
the pandemic is subsiding. India is going
to become the biggest beneficiary of the
China ‘Plus one strategy’ of the companies
globally. He also threw some highlights on
the strengthening Indo-German Trade. In
the last 18 months, Indo-German bilateral
trade has grown more than 20%, which is the
highest that has been recorded in the near
period. As the negotiations for FTA have
resumed with the European Union after a
long gap, a large number of Indo-German
InDo-German economy
CHAMBER’S NEWS
members are in the process of enhancing
the manufacturing capacity of their business
in India, targeting both domestic and export
markets. He also mentioned that now as the
President of IGCC, he has targeted a few
enhancers during his tenure. One of them
is the further sharpening of services of the
Chamber to make it more effective and
purposeful for its members. Another one is
to aim for the larger business community
and associate them with the Indo-German
Chamber of Commerce, as it is the largest
bilateral Chamber of Commerce globally.
AGM Awards
Like every year, we also presented IGCC
Awards and the Dr. Günter Krüger Award
for excellence. Victor Forgings and Norex
Flavours Private Limited won the IGCC
award, and Hitarthi Somaiya bagged the Dr.
Günter Krüger Award for excellence. Apart
from this, two lucky guests from Arka and
Enercon won the Lufthansa lucky draw and
got two tickets to fly to Europe. Our heartiest
congratulations to all the winners.
All in all, it was an incredible event that
concluded with networking opportunities,
drinks and dinner with DJ night.
December 2022 29
 CHAMBER’S NEWS CHAMBER’S NEWS

IGCC’s Committee Members Mr. LASZLO POSSET

Vice President Global Delivery
Mr. MARTIN SCHWENK
MD & CEO
Mr. D. M. THAKER
CEO, Managing Partner

E
Sourcing Poland & Romania MERCEDES-BENZ INDIA PRIVATE AMDYS PROFI-SERVICES LLP.
ngaged in the promotion of Indo-German Business since 1956, the Indo-German Chamber of Commerce (IGCC) is T-SYSTEMS INTERNATIONAL GMBH LIMITED
the first bi-national Chamber in India and one of the largest business organisations in the country.
The Indo-German Chamber of Commerce is constituted with the view to maintain strict neutrality in all Mrs. HARSHBEENA SAHNEY ZAVERI
matters connected with Indo-German economic relations. The committee’s equal representation of German and Indian Mr. RANJIT PRATAP Mr. R. A. SHAH Vice Chairman & Managing Director
Chairman & Managing Director Senior Partner NRB BEARINGS LIMITED
nationals guarantees this neutrality. The Indo-German Chamber is a non-profit organisation established under the
RIALTO ENTERPRISES PVT.LTD. CRAWFORD BAYLEY & CO.
‘Indian Companies Act VII’ of 1913, incorporated in Mumbai on 14th January 1956.
During the 66th AGM held on 23rd September 2022, the new Office Bearers for the year 2022-2023 are as follows: Mr. STEFAN HALUSA
Mr. HUBERT REILARD Mr. TAPAN SINGHEL Director General
CEO INDO-GERMAN CHAMBER OF
BAJAJ ALLIANZ GENERAL COMMERCE
OFFICE BEARERS COMMITTEE MEMBERS Mr. RUEDIGER SCHROEDER INSURANCE COMPANY LIMITED
Vice President – Special Projects
MAIER + VIDORNO
President Mr. MICHAEL BERGER Mr. ANTONY JACOB
Mr. R. S. SUBRAMANIAN
Mr. ANUPAM CHATURVEDI Managing Director CEO
Country Manager – India
Chief Representative DUERR INDIA PVT. LTD. APOLLO 24 X 7, APOLLO HOSPITAL
DHL EXPRESS (INDIA) PVT. LTD.
DZ BANK
India Representative Office
Mr. SOUMITRA BHATTACHARYA Mr. NARI KALWANI
Managing Director - BOSCH LTD. Managing Director
PAST PRESIDENTS SPECIAL INVITEES
Vice President President – BOSCH GROUP IN INDIA ASIAN LEATHER LIMITED
Mr. GEORGE ETTIYIL
Senior Director – South Asia Dr. ARMIN BRUCK Mr. GUENTER BUTSCHEK Mr. ARVIND MEDIRATTA
Lufthansa Group Mr. NIRMAL BHOGILAL Dr. S.K. KAPUR Mr. V.K. VISWANATHAN Managing Director
Executive Chairman Managing Director & CEO Mr. PRASAD CHANDRAN METRO CASH & CARRY INDIA
BATLIBOI LTD. COUNTRY STRATEGY BUSINESS Mr. THOMAS FUHRMANN Mr. NAMITESH CHOUDHURY
Treasurer CONSULTANTS PVT. LTD. Vice Chairman & Managing Director
Mr. KAUSHIK SHAPARIA LANXESS INDIA PRIVATE LIMITED Mrs. ZIA MODY
CEO - Deutsche Bank India Mr. PUNEET CHHATWAL Partner
Deutsche Bank AG Managing Director & Chief Executive Mr. STEFAN LESER HON. MEMBER
AZB & PARTNERS
Officer Managing Director Mr. HARSHA KADAM
THE INDIAN HOTELS COMPANY GROZ-BECKERT ASIA PVT. LTD. Mr. BERNHARD STEINRUECKE President Automotive
LIMITED SCHAEFFLER INDIA Mr. DURAISWAMI NARAIN
Deputy Chairman/Managing Director
Mr. C. S. MATHUR BAYER
Dr. ABHAY N. FIRODIA Partner Mr. B.N. KALYANI
Chairman MOHINDER PURI & COMPANY Chairman & Managing Director
FORCE MOTORS LIMITED BHARAT FORGE LIMITED Mr. KRISHNAMOHAN NARAYAN
Head South Asia, Managing Director
Mr. SUNIL MATHUR BASF INDIA LTD.
Mrs. SINDHU GANGADHARAN Managing Director & CEO Mr. RAGHUNATH KOZHYPURATHA
SVP & Managing Director SIEMENS LTD. Country Representative –
SAP LABS INDIA PVT. LTD. thyssenkrupp India Mr. DEEPAK S. PAREKH
Regional Platform Asia Pacific Africa Chairman
Mr. KAMAL MEATTLE (APA) HDFC LTD.
Mr. GEORG GRAF CEO & Director THYSSENKRUPP INDIA PRIVATE
Chief Executive Officer PAHARPUR BUSINESS CENTRE LIMITED
FREUDENBERG REGIONAL Mr. VINOD PAREMAL
CORPORATE CENTER Regional President, India Cluster
INDIA PVT. LTD. Mr. ANEES NOORANI Mr. UDO-E. LAND EVONIK INDIA PVT. LTD.
Vice Chairman & Managing Director Chairman & Director
ZODIAC CLOTHING COMPANY LTD. METALLCO SOFTTECH (P) LTD.
Mr. KERSI HILLOO
Managing Director
FUCHS LUBRICANTS (INDIA)
PVT. LTD.

30 December 2022 InDo-German economy InDo-German economy December 2022 31

CHAMBER’S NEWS CHAMBER’S NEWS

Workiversaries
Ann SUVARNA GHOSALKAR ANNIVERSARY

Designation: Manager - Finance and Taxation

“What’s on 1st September, Suvarna?”
Suvarna, looking confused, asks, “What’s on 1st September?”
SHARON MOGOSE “Your work anniversary!!”
A smile erupts underneath her mask. “Oh yeah!”
Sharon Mogose joined the Chamber in 1987 and was with us for seven years. After taking a break to
take care of her young son, she rejoined the Chamber in 1998. Sharon retires this year after being Suvarna Ghosalkar has been defined as a supportive, kind, and very hard-working individual by
with the Chamber for 31 years. her colleagues.

Our colleague Sharon is always calm and cool -like a cucumber, patient and a good listener. Her contribution as the Manager of Finance and Taxation throughout these past 5 years has been
Everyone loved her cooking and could not wait for her to open her food containers at lunch. Sharon appreciated and noticed.
plans to go into starting a business making pickles and jams, and we wish her all success. We, at IGCC, congratulate you, Suvarna, for completing 5 years at the organisation, and we thank
you for all the hard work and smiles you bring into the Chamber.
IGCC members of the Kolkata region know Sharon as a master of organising great events. She made
all our members and guests feel special and made our IGCC Regional Members’ Meet into a brand in All the best for all that is to come!
itself. The fun and excitement of organising our first football event in the region remain unmatched.
We will miss her and wish her a happy retired life and success in her new ventures!
SAPNA BHOSLE ANNIVERSARY

APOORVA VYAS ANNIVERSARY Designation: Senior Executive - Vocational Education and ProRecognition
Sapna has been an integral part of the Pune office since the day she joined. Her dedication
towards her work and the warmth she brings to her friends makes her a “wonderful colleague”
Apoorva Vyas is smart, enthusiastic, and compassionate. Her contribution to IGTC and,
and a “dear friend”.
currently, to the membership department has been greatly appreciated. Those who have
worked with her say it’s a pleasure to do so. Sapna started off at the reception but quickly made her way to the ProRec Team, given her
skillsets and her habit of always going the extra mile for the Chamber family.
The new mom is currently on maternity leave. We wish her a happy “motherhood”.
Furthermore, we wish her all the best for completing five years and many more years at IGCC. Sapna has the sweetest of smiles and the sweetest of personalities. “The more you get to know
her, the more she grows on you!”
Sapna, your contribution to the Pune office and the ProRec team for these past 5 years has been
commendable and memorable.
MADHURA GHOSH ANNIVERSARY
We, at IGCC, congratulate you, for completing 5 years at the organisation, and we thank you for
all the hard work and smiles you bring into the Chamber.
If you could define Madhura in one word, what would it be? It’s quite simple; you All the best for all that is to come!
just can’t.
Madhura is full of life and has the warmest of hearts. She’s been with the Kolkata
office for the last five years and is our communications, publications and social
media wizard, technical expert and upcoming German language scholar.
Madhura can remember even the most complicated name of any person who has
ever visited us. She is not only dedicated to her work but is also the declared foodie
of the team and our valuable advisor in all culinary matters!
We at IGCC congratulate you, Madhura, for completing five years at the
organisation, and we thank you for all the smiles and laughs you share everywhere
around you.

32 December 2022 InDo-German economy InDo-German economy December 2022 33

CHAMBER’S NEWS
Delegation to World Hydrogen Summit in
Rotterdam and Intersolar Europe 2022 in Munich
T
ogether with the Indo-German
Chamber of Commerce, the Indo-
German Energy Forum Support
Office (IGEF-SO) organised an Indian
delegation to Germany and the Netherlands
from the 7-14th May 2022 on the topics of
green hydrogen and agriphotovoltaic. The tour
featured a visit to the World Hydrogen Summit
in Rotterdam and Intersolar Europe, which took
place as part of The smarter E 2022 in Munich.
Besides the visits to the trade fairs, the 12
participants also had the chance to experience
first-hand how agriculture and energy
production can be combined in the context
of agriphotovoltaic facilities near Leuven and
Munich. A visit to the European Commission
focused on certification criteria of sustainable
or “green” hydrogen, especially regarding the
export of hydrogen from India to the EU.
Another highlight was a boat tour through
the Port of Rotterdam, during which the
infrastructure development for green
hydrogen became tangible. The topic of
green hydrogen was also addressed during
a visit to the Energiepark Mainz. The plant is
operated by Mainzer Stadtwerke AG and the
Linde Group. It uses the company’s four wind
turbines to generate the necessary energy to
produce green hydrogen. Part of the hydrogen
is fed into the natural gas grid. In addition, it
is filled in trailers used by industry or for the
34 December 2022
transport sector. After a presentation on the
technical data and the site’s development, the
participants had the opportunity to inspect the
different hydrogen processing stations closely.
Overall, the tour offered participants the
opportunity to take a detailed look at various
projects on agriphotovoltaic and green
hydrogen in Europe. The trade fairs also
allowed participants to network and explore
new opportunities for cooperation.
InDo-German economy
Indo-German Chamber
of Commerce organizes
CEO Roundtable
Conference
H
eaded by Dr. Andreas Nicolin, Director for
Eastern Europe and the Asia Pacific, a Federal
Ministry of Economics delegation visited India
in Delhi on the 28th and 29th of September
2022 and in Mumbai on the 30th September 2022. He was
also accompanied by Tobias Pierlings, Head of South- and
South-East Asia, Australia, and New Zealand.
The IGCC Mumbai, along with the support of the German
Consulate General, organized a CEO Roundtable in which
very insightful topics like energy transformation, skilled
migration, and current issues of German companies
operating in India were discussed. In addition, with the
support of IGCC Delhi, the German Embassy organized a
special program for them on the occasion of this visit.
Round Table Conference witnessed participation from
companies like Siemens, BASF, Thyssenkrupp, DHL,
Enercon, GTAI, etc. Other participants included the German
Embassy and Marja-Sirkka Einig, Deputy Consul General,
German Consulate Mumbai
The visit was wrapped with a discussion on the financial
sector with bankers and CFOs of German companies in
which the Banking and Insurance sectors such as KfW Bank,
DZ Bank, Bundesbank in Indien, B.Braun India, Fuchs,
Brose, Schaeffler participated.
Know more: https://bit.ly/3MbUOWH
Indo-German economy
BRANOpac GmbH, Germany is a world leader in
corrosion protection solutions since 1987. We,
BRANOpac India Pvt Ltd are a 100% subsidiary of
BRANOpac GmbH having our operations in India since
2002, with state-of-the-art manufacturing facility in the
historical city of Panipat, Haryana. We are catering to the
corrosion protection needs of Indian companies and
ev
evolving swiftly in the Asian markets as well, across
automobile sector, metal manufacturers, aerospace
industry, medical applications and electrical and
electronic industry.
Our philosophy is to provide complete solutions to our
customers with innovative consulting and worldwide
support. Our solutions are tailor made to ensure
reliability and responsiveness with highest levels of
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protection solutions viz.  VCI Papers, VCI Films, Rust
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Films
Films, desiccants etc. for variety of applications and for
the most challenging environments. We also cater to the
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other sectors with our LDPE Films, Shrink Film,
Anti-Static Film, Lamination films and other speciality
films and serving customised solutions as well.
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www.branopacindia.com /BranopacIndia
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The Fight Against
COVID
– Overcoming the Odds
“W
e are only as strong as
we are united, as weak
as we are divided.” ~ J.K.
Rowling
If there is anything we learned in 2020-22, it
is that strength lies in numbers: be it for the
virus or us. Only when a sentiment of shared
purpose flows through the masses can we
truly drive change. For the first time in a long
time, nations across the world set aside their
differences to work together in tandem to
achieve one single goal.
India and Germany have shared strong
bilateral relations since Germany parted
ways with the European Union. Last year,
2021, marked the 70th anniversary of
the partnership shared between the two
countries. At this juncture, one of the
significant discussions centred around the
pandemic was on how the countries could
assist each other in times of need. The Indo-
German Chamber of Commerce followed
the cue. Between 2020 and 2021, IGCC took
several initiatives, some in collaboration with
Indian and German companies, to provide
any form of support that they could to the
people in dire need.
In April 2021, when the second wave had
cast a ghastly shadow upon Indian citizens,
the IGCC, along with the German Consulate
in Mumbai, supported “Mission Vayu”, an
initiative taken by the Mahratta Chamber
of Commerce Industries and Agriculture
(MCCIA) to bridge the demand-supply gap for
medicines, oxygen cylinders, etc. IGCC and
the German Consulate helped in raising funds
by tapping into the German industry. The
response from the industry was extremely
gratifying and heart-warming to witness.
Moreover, to expedite communication
and enable companies to talk to each other
InDo-German economy
CHAMBER’S NEWS
V
A
C
C
I
N
E
directly, IGCC created a communication
platform, “The Indo-German COVID Support
Platform”, with the support of the SAP
team in Bangalore. The forum acted as a
great channel for communication between
concerned parties directly, especially during
the second wave.
The arrival of vaccinations in the Indian
markets brought relief to the citizens after
they had witnessed the horrors of the second
wave. Government bodies and private
organisations organised vaccination drives.
On 16th June 2021, the Goethe-Institut/Max
Mueller Bhavan Kolkata, together with the
Consulate General of the Federal Republic
of Germany, Kolkata, the Indo-German
Chamber of Commerce, and Harbauer India
Pvt. Ltd., organised a vaccination drive in
collaboration with AMRI Hospital Kolkata.
Commending the initiative, Consul-General
Manfred Auster, Kolkata, said, “Vaccination
is the best protection against the virus.
I congratulate the IGCC and Max Muller
Bhavan for this excellent initiative, and I
am grateful to Harbauer India and AMRI-
Hospitals for their generous support. United,
we will win the fight against the disease.”
“United, we will win the fight against the
disease”, the Consul-General said it right.
COVID-19 took a lot from us, but it taught us
a lot, too.
December 2022 37
CHAMBER’S NEWS CHAMBER’S NEWS

GHH and ATT are using for the training four

different training methods:
• E-Learning
• Blended Learning
• Classroom training (with hardware for
Hydraulic and CAN-Bus applications)
• On the Job training (with LHD and dump
truck)

With the support of ATT, GHH Fahrzeuge

GmbH carried out an on-site “training needs
analysis” as a first step and was thus able
to define where the requirements are and
how high the actual level of knowledge of
the employees is. As a result, the deviation
from the required level of knowledge was
identified, which must now be compensated
for by suitable training measures.
In the training concept, GHH has defined
two different Levels:
1. Imparting basic knowledge through
numerous interactive e-learning modules
2. Extended basics and practical exercises
using e-learning, blended learning and face-
250 employees supplying local companies
and 320 ITI apprentices will benefit from the
additional training as service technicians, of
which 90% will be certified by AHK. Further
education will lead to a measurable reduction
in accidents in the mines.
After successfully conducting the project,
GHH will be able to offer a C-Qualified training
concept with qualified trainers in different
locations to provide professional training to

GHH-India Training Academy

to-face classes the broader Indian market.

G
HH Fahrzeuge GmbH and DEG
Impulse gGmbH, a subsidiary of
DEG – Deutsche Investitions- und
Entwicklungsgesellschaft mbH,
have come together to ensure quality and
occupational safety in the Indian mining
industry through the development and
implementation of accredited and AHK-
certified training and further education. The
project is being carried out as part of develoPPP,
a funding program of the Federal Ministry
for Economic Cooperation and Development
(BMZ). For this project, Advanced Training
Technologies GmbH (ATT), as a service provider
for GHH Fahrzeuge GmbH, developed its own
“train-the-trainer” concept. ATT is a company
specializing in professional development with
its roots in face-to-face training. It has also
relied on digital learning concepts on a large
scale for several years.
The training location was set up in 2020 in
the already existing GHH India tech centre
near Zawar mines, approximately 40 km
south of Udaipur. The location was chosen
for its proximity to the mines and to create
awareness amongst customers, employees
and other contractors and for the possibility
of benefiting from first-hand on-the-job
experience during the course of the training.
In 2022, GHH set up a second training location
in its workshop in Udaipur, making it easier
for students and customers from Udaipur
to attend the training. The Indo-German-
Chamber of Commerce audited and certified
both training locations in 2022.
The aim of this training program is to
bring participants to a unified knowledge
level where they understand the technology
of heavy mobile machinery and can apply
their knowledge to safely maintain different
kinds of mobile hydraulic machines and
solve the majority of hydraulic, electrical and
mechanical problems through proper analysis
and troubleshooting.
Target group:
• Technical maintenance personnel
• Operators
• Warehouse staff
• Safety officers
• Students of electrical, mechanical and
mining engineering

38 December 2022 InDo-German economy

CHAMBER’S NEWS CHAMBER’S NEWS

of Potential Analysis, its implementation,

challenges, and solutions. The workshop also
included discussions on experiences and
opinions regarding the students, the path
to their chosen professions, and the lack of

DUALpro conducts its first Potential awareness in this field. These discussions
provided good insight to the participants to

Analysis Workshop in New Delhi

overcome the challenges in this direction.
Additionally, all participants were provided
with handouts on core concepts and a

D
UALpro conducted its first Potential
Analysis Workshop in New Delhi
from 26th Sept to 29th Sept 2022. The
four-day workshop was conducted
for eleven school counsellors from Jawahar
Navodaya Samiti and the Delhi Board of
Secondary Education to use potential analysis
as a professional orientation tool for students
in their schools.
Professional Orientation is a system of
activities aimed at preparing young people
to choose their profession and assisting
them in professional self-determination and
employment. The Potential Analysis forms
the beginning of this path. The intention
is to support students in discovering and
developing their individual competencies
and skills and to be aware of their personal
interests through a series of gamified
exercises. During this gamified workshop,
trained potential analysts guide the young
people and observe them as they solve the
tasks. After the conclusion of the game
phase, the potential analysts conduct
interviews with each participating student
to reflect with them on their experiences,
give feedback and discuss students’ ideas
regarding their competencies and interests.
Thus, the potential analysis is an instrument
to build students’ confidence and support
them in finding ideas for further vocational
orientation.
In order to qualify potential analysts for
their important role, IGCC’s Vocational
Education and Training experts (DUALpro)
have developed an application-based
workshop. The workshop consists of four
modules and aims to train the participants
to assess different forms of competencies
– methodological, individual and social.
Teamwork, perseverance, self-organization,
communication skills, concentration,
listening skills, and empathy are just a few
of these competencies, which are important
for students in their professional orientation
path. The assessment of these competencies
aims to provide insightful guidance for their
future.
The classroom atmosphere was simulated
in the workshop, and the participants could
actively participate in all the activities, which
in turn gave them an overview of the process
comprehensive handbook of games and
activities, which can be used to carry out
the potential analysis and assess students’
competencies.
At the end of the workshop, the participants
received a Certificate of Participation from
IGCC and Goethe-Institut, New Delhi. The
concluding ceremony was attended by
Alexandra Mittler, Director of Language
Programmes, South Asia and Deputy
Executive Director, Goethe-Institut / Max
Mueller Bhavan, New Delhi; Puneet Kaur,
Project Head, Goethe-Institut, New Delhi;
and Meike Jäger, Consul for Labour and
Social Affairs, New Delhi.
While sharing their feedback, the
participants informed that they found the
workshop extremely beneficial. They believed
they were empowered with knowledge of
new concepts, and their prior knowledge was
also refreshed.
IGCC has been the pioneer in implementing
training, advisory and concepts for
companies. The Potential Analysis training
sets a stepping stone for more such concepts
and training with regard to schools and
educational institutions and vocational
orientation among students. Several other
training concepts are in the pipeline
to capacitate school management and
familiarize students with other vocational
tools and jobs in India and Germany. The
National Education Policy 2020 emphasizes
compulsory vocational education for school
students, thereby targeting the holistic
development of students. IGCC is developing
novel concepts and training for school
management and counsellors and workshops
for students and supporting this objective of
NEP by keeping students’ comprehensive and
integrated development at the centre.
Point of contact:
Ms. Vidhi Daryanani
Project Manager – Professional Orientation
vidhee.daryanani@indo-german.com
+91-20-41047 112

40 December 2022 InDo-German economy InDo-German economy December 2022 41


22+ years
helping German firms
in India to
SETUP / BUILD
FIX / SOLVE
SELL MORE
MANAGE RISKS
Speak to us today to see how we can help you
Successful Buyer’s mission for Machine
tools made in Baden-Württemberg
T
he delegation trip of Indian
km@mv-altios.com companies to Baden-Württemberg
+91 98211 14504 +49 221 880 4080 was a huge success which ended
with three company visits to
TRUMPF, Gebr Heller Maschinenfabrik
GmbH and Bosch Rexroth and around 50
B2B matchmaking discussions at the AMB
(international exhibition for metal working).
The IGCC launched this joint project with
the Chambers of Commerce and Industry
in Baden-Württemberg for the first time
in September 2022. During four days, the
participating Indian industrial companies
were offered a very elaborate mission to
Baden-Württemberg – the heart of the
machine tool industry in Germany. Starting
Market Entry with a special lecture by the head of the
Market Info leading research institute at the University
Partner Search
of Darmstadt, the delegates got a deep
Executive Search
insight into future trends in the machine
Site Search
tool industry. During their visits to three
Operations
production sites, the participants learned
Accounting, Tax, Payroll, Legal & Compliance how German machine tool manufacturers
Supply Chain & Distribution are already working in IoT and smart factory
BIS Registration fields. In addition, they learned where
Sourcing future developments would take place and
the optimization opportunities associated
Troubleshooting with them.
Human Resources At AMB, the leading European trade
Corporate Restructuring
Interim Management
InDo-German economy
CHAMBER’S NEWS
fair for machine tools in Stuttgart, around
50 B2B talks with Baden-Württemberg
manufacturers of machine tools were on the
agenda. The meeting partners were precisely
and individually selected in advance, taking
into account the needs of the Indian and
Baden-Württemberg companies. In this way,
targeted and intensive discussions could be
held with the right contact persons at the
trade fair booths of the Baden-Württemberg
companies. Follow-ups were often
arranged with the Indian subsidiaries of
the Baden-Württemberg parent companies.
Furthermore, the Indian buyers were
individually supported by the IGCC and the
IHK Rhein-Neckar and Ulm.
The success of the tailor-made matchmaking
was highlighted by a signed purchase contract
for a machine tool between an Indian and a
Baden-Württemberg company right at the
company’s booth at AMB.
Due to the extraordinary success, the
project team aims to continue the program
during AMB 2024. This project was sponsored
by the Baden-Württemberg Ministry of
Economic Affairs, Labour and Tourism. The
project management on the German side was
carried out by the Chambers of Commerce
and Industry Rhine-Neckar and Ulm.
43
December 2022
 CHAMBER’S NEWS
Sourcing Opportunities &
Challenges in India
O
n 2nd September 2022, the Indo-
German Chamber of Commerce
(IGCC) hosted its second Regional
Meeting in Pune at Taj Blue
Diamond, along with partner firms M+V
Altios, Nexdigm SKP and Hoffmann Quality
Tools India Private Limited. The theme
of the evening was the crucial topic of
“Sourcing Opportunities & Challenges
in India”. The event brought Indian and
German businesses together to interact and
discuss opportunities and challenges in the
Indian market.
Over 70 company representatives of IGCC’s
member companies from various sectors
participated in the event. IGCC’s commitment
to sustainability and effort to execute zero
waste events was visible due to a plastic-free
event. Guests were served water in reusable
glass bottles.
With its robust economy and significant
GDP potential, India has the capability to
InDo-German economy
CHAMBER’S NEWS
be a fulcrum for global sourcing. However,
developing a supply chain requires and
demands time. Choosing the right partner
is paramount since it determines an
organization’s long-term sustainability and
brings along cost savings benefits, perfecting
the ideal suppliers and developing a long-term
relationship with them. Our event partners
discussed sourcing and its importance from
multiple viewpoints and touched on different
aspects of sourcing.
Marja-Sirkka Einig, Deputy Consul
General, German Consulate, Mumbai,
opened the evening with her welcome
address by covering a wide variety of topics
of interest: from the political scenario in
Germany, bilateral relations between the two
countries, the performance of the German
industry in India, sustainability efforts and
projects, skilling, and education etc
The presentations started with a keynote
address by Ruediger Schroeder, Senior Vice
December 2022 45
 CHAMBER’S NEWS CHAMBER’S NEWS

IGCC, GIZ and MEPSC conclude

Training of Master Trainers

O
n 13th Oct 2022, IGCC celebrated
the closing ceremony of the
Training of Master Trainers
programme with the German
Agency for International Cooperation (GIZ),
the Management & Entrepreneurship and
Professional Skills Council (MEPSC), National
Skill Development Council (NSDC), and the
participants and trainers of the programme.
President, Project, M+VPresident,
Altios, wherein
Project,heM+V Altios, wherein
The last he
presentation for
The
thelast
evening
presentation
was for the evening was The dual certification project, conducted
spoke about the sourcingspoke
challenges
about thefaced
sourcing by Manav
challenges
made Goel, made
faced Managing
by Manav
Director,
Goel, Managing Director, jointly by IGCC, GIZ, MEPSC and NSDC,
by Indian and German by businesses
Indian and German Hoffmann
in India. businesses inQuality
India. Tools
Hoffmann
India Quality
Private Tools India Private aimed to enhance the pedagogical quality
He highlighted variousHepointshighlighted variousLimited,
on India’s points who shared hisLimited,
on India’s experience
who onshared
the his experience on the of in-company training in dual, cooperative,
development as a sourcing
development
hub and how as M&V
a sourcing hubofand
topic how M&V
sourcing as a subsidiary
topic of sourcing
of a German
as a subsidiary of a German and workplace-based training programmes
can strategically and systematically
can strategically
support
and systematically
company in support
India. His experience
company infrom India.
theHis experience from the across different sectors and trades pan India.
companies to set up their
companies
sourcingto supply
set up their sourcing
industry supply sought
perspective industry
resonance
perspective
from sought resonance from Between June and September 2022, Master
chains in India. chains in India. several guests in the audience.
several guests in the audience. Trainers from 30+ Sector Skill Councils
Kartik
The next presenter was The Nagarajan,
next Kartik Nagarajan,
presenter was Following the presentations,
Followingdrinks
the and
presentations, drinks and participated in the programme.
Managing Director, Business
Managing Consulting
Director,& Business Consulting
a networking &
dinner awere
networking
served. dinner
The were served. The In order to ensure the relevancy of the
Global Business ServicesGlobal
Sales,
Business
Nexdigm Services Sales,
event Nexdigm
was quite insightful
event
forwas
the quite
industry
insightful for the industry programme, the course was designed and
(erstwhile SKP). He shared
(erstwhile
his viewsSKP).
on He
theshared his views ongarnering
representatives, the representatives,
positive feedback.
garnering positive feedback. developed by IGCC and MEPSC based on a
Evolving Landscape of Evolving
SourcingLandscape
in India. of IGCCSourcing
seeksin to
India.
engageIGCC
the seeks
Indo-German
to engage the Indo-German skill gap analysis and profile skill mapping
The synergy between The the presenters
synergy between
was the presenters
business communitywas and business
promote community
business and promote business conducted within the Sector Skills Council
delightful to watch. delightful to watch. opportunities between both opportunities
countries. between both countries. and NSDC. Based on this, seven learning
areas were identified and designed into space, consisting of live online sessions
learning modules. complemented by self-learning content made
To enhance the participant’s understanding available on the Atingi platform.
of vocational pedagogy and the organizational The 120-hour program concluded with
- processes associated with in-company a dual system of evaluation. Participants
training, the Ausbildung der Ausbilder appeared for IGCC’s Trainer Aptitude Test as
(AdA) – International (Basic Version) formed per AdA – International (Basic Version) as
the first module of the training. Based on well as MEPSC’s Master Trainer exam. Upon
the best practice principles of the German the successful completion of the programme,
dual vocational education system, this the Master trainers are now expected to pass
flagship qualification concept of the German on their new expertise in their respective
Chambers of Commerce and Industry sectors, thus generating a multiplying effect.
RRR
worldwide enables in-company trainers to Furthermore, GIZ and MEPSC will follow up
check the prerequisites for dual training on the impact created by this training and
SERIES...
SERIES...
within a business, plan dual training in will ensure that the project evolves further
VdS SCHADENVERHÜTUNG CO2-Calcual�onprogramm Version 8.5
Licenced to: AGNI CONTROLS, CHENNAI
cooperation with partners, conduct effective to deliver maximum benefit from this
File: C:\1. AGNI CONTROLS\VdS 2018\Projects\Example CO2.prj – Results on-job training sessions, and ensuring programme.
training success. IGCC has been promoting vocational
Afterwards, the participants were further pedagogy through many of its training
qualified through modules in communication, concepts: Ausbildung der Ausbilder (ADA),
time management, conflict management, examiner training, and training for on-job Contact:
problem-solving, training organization and instructors, to name a few. Through these Christine Hazel Raj
giving and taking feedback – all of which training concepts, IGCC strives to set up Project Manager –
Vocational Education and
are essential for master trainers. For ease of meaningful and impactful high-quality Training
participation, the Training of Master trainers training while partnering with companies christine.raj@indo-german.com
was designed to take place in a virtual and government bodies to benefit employees. +91-20-41047 118

InDo-German economy December 2022 47

 COVER STORY COVER STORY

India & Germany: Accelerating Adoption of

Electric Vehicles
While Germany’s e-Mobility market continues to expand
rapidly, the demand for e-vehicles in India has been
gaining momentum, favoured by supply and government
subsidies. With Germany’s cutting-edge technologies and
India’s economies of scale, these two economies have
the potential to reduce costs and accelerate the rapid
adoption of EVs, not just in their domestic markets but
globally. This report has been researched by Germany
Trade & Invest (GTAI).

50 December 2022 InDo-German economy InDo-German economy December 2022 51

 COVER STORY

Key Statistics for Auto Industry

GERMANY INDIA
#5
Vehicle sales in 2021
#4
Vehicle sales in 2021

#6
Production globally in 2021
#4
Production globally in 2021

5%
Contribution to GDP
7.1%
Contribution to GDP

USD 428.1 million USD 348.3 million

Imports from India for 2021 Imports from Germany for 2021

USD 348.3 billion USD 118 billion

Overall sales, 9% increase over 2020 turnover Overall domestic sales across all vehicle categories in FY2022

15.6 million vehicles

The German Auto industry produced in 2021
22.93 million vehicles
The Indian Auto industry produced in 2021

USD 33 billion
Equivalent to 35% of total R&D expenditure in Germany
USD 31 billion
Equivalent to 8% of total R&D expenditure in India

77%
Of cars produced in Germany in 2021 were for exports
USD 307.65 billion
Under Atmanirbhar Bharat Abhiyaan (Self Reliant India) stimulus
package allocated towards promoting manufacturing

786,109
Employed in the industry in 2021
37 million
Workers employed directly & indirectly

Sources for the entire report: Germany Trade & Invest; The German Association of the Automotive Industry (VDA); International Organization
of Motor Vehicle Manufacturers (OICA); Grant Thornton; FICCI; Invest India, Press Information Bureau of Govt. of India, Autocar Professional,
Business Standard

InDo-German economy December 2022 53

 COVER STORY COVER STORY

The German Auto Industry The Indian Auto Industry

Germany is renowned for its outstanding Automotive The Automotive sector is one of the core sectors of the
industry and its excellence in engineering. German Indian economy and is of great importance to the country’s
cars are recognized across the globe for their high- manufacturing sector. India is expected to be the world’s third-

15
end innovation, reliability, safety, and design. largest automotive market in terms of volume by 2030.

- Euro 3,000 subsidy for

plug-in hybrid EVs
Of the world’s
75 top automotive
- First Automotive
Mission Plan 2006-
16 launched
MNRE incentive
76%Is the two-wheeler
- Euro 4,000 subsidy for suppliers are scheme for EVs National Electric market share
German companies - Pushing “MAKE in withdrawn in March Mobility Mission in India
battery only
INDIA” for quality 2012; introduced (NEMMP 2020)
- EVs 10-year exemption auto components as NEMMP 2012 (no launched with a
from ownership tax
- Be a global hub in incentives till FAME significant policy
- Free or reduced-price small cars introduced) boost for EVs industry
parking
Integrated energy
- Purchase bonus
and climate
scheme approved
protection
programme to - EV plug-ins exempt 2005 2010 2012
phase out nuclear from the annual
circulation tax for five NEMMP laid
energy by 2022 and out a roadmap
ensure at least 80% years 1300,000 EV for EV adoption
renewable energy
until 2050
- Realisation that sales
are behind the targets
cars on
the road
NITI Aayog roadmap
Transformative mobility
2013 and domestic
manufacturing,
solutions for all launched by
MoHIPE

2017 2015

FAME Phase-II - Automotive Mission Plan-II 2016-26 launched

was launched
- National Platform E-licence plate for - Recovery plan (Euro (USD 1.40 2019 - FAME Policy for clean mobility -Phase-I
launched (USD 75) million outlay
for Electric Mobility priority parking 8 billion) for EVs, billion) for three
(Nationale Plattform spaces ear deploying charging years
Elektomobilität) to charging stations infrastructure and
deploy one million - Electric Mobility mitigating the impact of
EVs by 2020 Act Covid-19 2020 2021
- Tasks to push - Purchase Bonus
on the National for Fully EVs (<Euro
Development 40,000) inclusive of new
plan for Electric cars raised from Euro - 35% total input local production for EVs
Mobility (Nationaler 6,000 to Euro 9,000 and - PLI scheme under Aatmanirbhar program - 433,911 EVs were sold in India,
Entwicklungsplan Euro 4,500 to Euro 6,750 launched for automobile and auto components representing a 225% increase over
Elektomobilität) for plug-in hybrids (until (worth $3.5 Bn) & manufacturing of (ACC) last year’s sales of 133,500 units
2025) Advanced Chemistry Cell (worth $2.5 Bn) - Set up of India Semiconductor
- Deduction on interest on EV loans Mission & approval of PLI Scheme
for the Semiconductor sector
- Tax on Li-ion batteries reduced to 18%

EV adoption EV adoption Heavy vehicles

Germany has been witnessing a significant increase in EV In 2012, India unveiled the National Electric Mobility Mission India holds a strong position in the international heavy
adoption with a robust push towards electrification, Germany Plan (NEMMP) 2020 to address issues of national energy vehicles arena as it is the largest tractor manufacturer,
introduced a bonus scheme in 2016 that encouraged German security, vehicular pollution and the growth of domestic second-largest bus manufacturer, and third-largest
citizens to buy EVs. manufacturing capabilities. heavy truck manufacturer in the world.

54 December 2022 InDo-German economy InDo-German economy December 2022 55


Hall 7 | Booth # H7N7P6
Hall 11 | Booth # H11B17 & H11B19
EV ecosystem in Germany & India
Indicators
Projected CAGR (2020-27)
EV cars on road
Potential to grow by 2025
Number of passenger cars per 1,000 people
EV adoption rate
EV registrations
Penetration of EV sales
Public charging infrastructure
Private charging infrastructure
Source: Grant Thornton & FICCI report 2021;
Germany Trade & Invest research 2022
Demand for electric vehicles is rising as
range and performance improvements drive
uptake levels while battery costs continue to
fall. As of 2021, Germany officially has more
than 1.3 million electric vehicles on its roads,
and the government expects more than two
million electric vehicles by 2023. This is
supported by an infrastructure of around
51,200 AC and more than 9,100 DC charging
stations. The German Federal Ministry for
Digital and Transport (BMDV) is investing a
further EUR 20 million in the procurement
of vehicles for fleets and the development
of charging infrastructure as part of its
electromobility funding guideline. The BMDV
is pursuing an overall strategy for the market
ramp-up of electromobility, which includes
encouraging the electrification of all modes
of transport as well as the development of
charging infrastructure, research funding
and the specification of the right framework
conditions. Germany also delivers a USD
11,420 (EUR 9,480) subsidy for EVs, with USD
4,192 (EUR 3,480) of that chipped in by OEMs.
With German companies leading the way in
InDo-German economy
COVER STORY
Germany India
32% 44%
1300,000 (2021) 133,500 (FY20-21)
30% 5%
~583 ~33
16% 2%
308,254 (Registrations 500,688 (Registrations from
till October 2022) April to Sept 2022)
13.5% Battery-electric vehicles (BEV); ~1%
6.7% plug-in hybrids (PHEV)
DC Charging >9,100; 1,742 public charging
AC Charging >51,200 stations
Wallboxes ~900,000 -
autonomous drive technology patents, a new
market of 58 million units is forecast for 2030.
India is ~85% reliant on imports to meet
its crude-oil requirements. Being a large oil-
importing nation, its oil imports stood at USD
119.2 billion in FY22, up from USD 62.2 billion
in FY21, which resulted in the current account
deficit hitting a 3-year high of 1.8% (USD 43.81
billion) in FY22. According to a CEEW Centre
for Energy Finance study, if the share of EVs
increases to 30% by 2030, India could save up
to USD 14 billion on its oil import bill.
Currently, India adds about 2.5 billion
metric tons of carbon or ~7% of the global
emission. Internal Combustion Engine (ICE)
vehicular pollution contributes to ~40% of the
total pollution in India. With this, it is essential
to usher a strong push towards EV adoption to
curtail the increasing pollution.
In 2021-22, EV registrations amounted to
433.900 units, a jump of 225% from 2020-21
registrations of 133,500 units. The sales were
led by two and three-wheelers with 464% and
107%, respectively – followed by passenger
vehicles with a 332% growth.
December 2022 57
 COVER STORY

Current and Expected EV penetration in India

EV penetration %
Segment Sub-segment FY 20-21 FY 21-22 % Change FY 22-23*
2025 2030

Scooters &
2W 41,000 231,420 464 305,820 7-10 25-35
Motorcycles

E-3W (Cargo) 10,000 21,464 115 16,990

3W 35-45 65-75
E-3W
77,000 158,242 106 153,361
(Passenger)

Personal & 1-3 10-15

4W-PV 5,000 21,596 332 23,413
Commercial 5-10 20-30

State transport
Buses undertakings 500 1,189 138 1,104 15-25 25-40
(STUs)

Total 133,500 433,911 225 500,688 5 30

* Data from April to September 2022
Source: Vahan Dashboard, JMK Research, Society of Manufacturers of Electric Vehicles, Grant Thornton, FICCI,
Ernst & Young 2022; Arthur D. Little (ADL) analysis 2022

Electric 2-wheelers (e2W) have gained
momentum in the last 2 years going from
41,000 to over 231,420, a growth of 464%
over 2020-21. The spike can be attributed
to the rising demand for personal and
shared mobility, rise in gasoline prices and
increased environmental awareness. The
second phase of FAME II (Faster Adoption
and Manufacturing of Hybrid and Electric
vehicles) has fast-tracked the adoption
of electric 2-wheelers, which witnessed
registrations close to 110,000 units in Q1 CY
2022.
Maharashtra accounts for the highest
number of 2W EV presence among other
Indian states. Thirteen states in the
country account for 95% of all India 2W EV
population. For the period January to May
2022, Maharashtra, Karnataka, and Tamil
Nadu contributed to 48% of all high-speed
e-2Ws sales. Of all the electric vehicles sold in
Bangalore, 90% (18,090 units) are 2Ws
Electric four-wheelers (e4W) sales gained
traction in 2021 (after the pandemic) due to
higher gas prices and the increasing need for
personal mobility. The segment recorded a
growth of 332% in FY 2021-22 over FY2021-
22. However, it is still in the early stages of
development, and ICE cars still dominate
the market as there is significant price gap
between the two. In addition to the price
gap, there are only a few models available in
the market and e4W do not have the range
required for inter-city commute.
E-buses also showed a growth of 135%
from 2020-21 levels. However, there are fewer

InDo-German economy December 2022 59

 COVER STORY

e-buses than ICE ones as the penetration is

relatively low. The growth in this segment
is inhibited due to limited models from Potential Opportunity areas in the Indo-German
OEMs, the initial procurement costs are symbiotic relationship
high, varying duty cycles and range anxiety. • Increase in e-mobility in both countries’ sale and production
But several state governments are working volumes
towards decarbonizing public transport
and retiring over-aged buses. Over the next • Higher bilateral trade in electric machinery, auto components and
five years, more traction is expected in this raw materials used in EV production
segment to reach ~16% penetration by 2027.
• Surge in German original equipment manufacturers (OEMs)
NITI Aayog, the government think tank
entering the Indian electric vehicle market
is said to be keen on achieving 50,000
e-buses on roads as early as possible. The
• Manifold increase in revenues with e-mobility uptick in both
Ministry of Road Transport and Highways,
countries
on the other hand, are already working on
possibilities of replacing buses older than
• Participation of German companies in the Indian government
ten years with e-buses, owned by State
schemes like production linked schemes for Production-Linked
Transport Undertaking. Based on sales trend,
Incentive Scheme (PLI) for Automotives, ACC Battery Storage
Maharashtra, West Bengal, and Himachal
Manufacturing and Semiconductors
Pradesh could be identified as the early
adopters of e-buses. Delhi targets to have
2000 by 2023 from the current 152 number of
E-Buses as of May 2022.
The nine electric bus manufacturers
in the country are Ashok Leyland, Tata
Motors, VolvoEicher, BYD Company, Olectra
Greentech, JBM Auto, Solaris Bus & Coach,
Deccan Auto and Zhongtong Bus and Holding
Company. All these put together today have
a production capacity of not more than 1,500
business.
India’s electric vehicle (EV) market is
projected to witness sales to the tune of 9
million units mark per annum by 2027, says
a report by Indian Venture and Alternate Another report by India Energy Storage
Capital Association (IVCA) in collaboration Alliance (IESA) estimates that the EV market
with Ernst & Young and Indus Law while in India will grow at a CAGR of 36% till 2026.
CEEW Centre for Energy Finance states that In addition, the EV battery market is also
the total EVs sales expected by FY30 would be expected to expand at a CAGR of 30% during
14.8 million units. In an optimistic scenario, the same period. Overall, by 2030, the EV
penetration of EVs is projected to reach industry is set to create 10 million direct jobs
15% by 2025 while other agencies project and 50 million indirect jobs. India is also
a penetration of 5% by 2025. The Indian witnessing the rise of a sizeable EV financing
Government has targeted 30% EV penetration industry, according to NITI Aayog and the
by 2030. However, at present the EV market is Rocky Mountain Institute (RMI, the market
fragmented and there are only about 468 EV is likely to reach Rs. 3.7 lakh crore (USD 50
manufacturers in the country. billion) by 2030.
A study by CEEW Centre for Energy Finance India’s most populous state, Uttar Pradesh
has recognised a USD 206 billion opportunity tops EV registrations with 20% share of all
for electric vehicles in India if India maintains EV registrations in the country, followed
steady progress to meet its ambitious 2030 by Karnataka and Tamil Nadu. Of the
target. This will necessitate a USD 180 billion overall 2-wheeler registrations, Karnataka,
investment in vehicle manufacturing and Tamil Nadu, Maharashtra, Telangana,
charging infrastructure. and Rajasthan account for close to 67% of

InDo-German economy December 2022 61


electric 2-wheeler registrations, while most
of the 3-wheeler registrations are in Uttar
Pradesh, Bihar, Assam, and Delhi, which
collectively account for around 75% of total
sales. Around 20 Indian states have already
released either a draft or final state EV
policy, which overall aim to promote India’s
transition from ICE to EVs.
The government has taken numerous steps,
both for consumers as well as manufacturers,
to ease the adoption of EVs. Several fiscal and
non-fiscal measures have been put in place
to facilitate the adoption of electric mobility.
Initiatives taken by government to make EVs
affordable and accessible began with the
launch of National Electric Mobility Mission
Plan (NEMMP) in 2013, followed by a strong
government push launching Faster Adoption
and Manufacturing of Hybrid and Electric
Vehicles in India (FAME) phase 1 in 2015 and
later FAME phase II in 2019, was released with
a total budget outlay of USD 1.36 billion over a
period of five years. Another welcoming step
was a reduction of goods and service tax (GST)
rates for EVs from 12% to 5% and on chargers
or charging stations from 18% to 5%.
The central government made amendments
to the Faster Adoption and Manufacturing of
Hybrid and Electric Vehicles in India (FAME)
II scheme to make electric two-wheelers more
affordable with a priority to shift towards
clean mobility. Under the phase two of the
FAME scheme, as on July 11, 2022, about
469,315 electric vehicles were supported
InDo-German economy
COVER STORY
through demand incentives amounting to
about INR 18.69 billion. Approvals have been
granted to 6,315 electrical buses and 2,877
EV charging stations sanctioned in 68 cities
across 25 States/Union Territories. 50 original
equipment manufacturers (OEMs), both
start-ups and established manufacturers,
135%
have registered and revalidated their 106 EV
models. There are 1,576 charging stations
sanctioned for set-up across nine expressways
and 16 highways. Growth of e-buses
In 2021, the government rolled out a from 2020-21
Production-Linked Incentive Scheme (PLI)
for Auto Industry (Rs. 25,938 crore) and
ACC Battery Storage Manufacturing (Rs.
18,100 crore), which incentivizes domestic
production of auto components, boost
local battery cell production and reduce
the dependence on imports. This will
enable India to leapfrog from traditional
fossil fuel-based automobile transportation
system to environmentally cleaner,
1,576
sustainable, advanced, and cost-effective
Electric Vehicles (EV) based system with
the requisite infrastructure. Shortage of
semiconductors led to closure or lowering
of production volumes by several firms from Charging stations
sanctioned for set-up
diverse industries including the automobile
sector after which the government released
a Production-Linked Incentive Scheme
(PLI) exclusively for semiconductor with a
budgetary outlay USD 10.28 billion (Rs. 76,000
crore) providing the right impetus to the
manufacturing sector.
December 2022 63
 COVER STORY

HIGHER WEIGHING ACCURACY

SCAN FOR ENQUIRY

Indo-German Trade
India and Germany’s bilateral relations were
instituted on common democratic principles
and engaging in a strong economic and
developmental partnership. As the world’s
4th and 6th largest economies, sharing a
Germany primarily imported chemicals and
textiles from India.
According to Destatis, Germany exported
goods and services worth USD 14.7 billion
to India in 2021. India ranks 23rd in terms

Website : www.schwingstetterindia.com
trade history of over 500 years, economic
and political interaction between the two
countries have increased and are marked by
a high level of trust and mutual respect.
Today, Germany is one of the most important
trading partners and the largest trading
partner in Europe for India. The two countries
of German export markets and 26th in terms
of imports . Imports from India totalled USD
12.9 billion, ranking Germany sixth on the list
of Indian trade partners.
As far as direct investment is concerned,
Germany’s Foreign direct investments in India
from 2000 to June 2022 totalled around USD 13.7

LESS MAINTENANCE

Reg. Off : F71/72 SIPCOT Industrial Estate, Irungattukottai, Sriperumbudur, Kanchipuram District - 602117, Tamil Nadu, India.
are committed to intensifying bilateral and
multilateral cooperation with a focus on
strategic cooperation in the fields of cutting-
edge technology with a higher exchange of
SELF LOADING MIXER
billion, putting it in ninth place . India ranks
31st with respect to FDI Stocks in Germany
(2020), and in terms of FDI projects in Germany
for 2021, India was 15th with 132 projects.

intelligence and knowledge. In terms of trade, According to the latest numbers sourced
SLM4600

*Year-on-year change
investment, knowledge and innovation, the from OICA, the Organisation Internationale (2021-22/ 2020-21)
economic relations between the two nations des Constructeurs d’Automobiles India was

Toll Free : 1800 123 1479 Email : enquiry@schwingstetterindia.com

Note: Major Indian
have grown and can be intensified further. ranked as the world’s fourth largest car maker. imports from Germany
Not only has the bilateral trade increased India saw 3,759,398 vehicles sold in 2021, are chemicals, auto
over the years, but German companies have compared to 2,973,319 vehicles in Germany, components, measurement
and control equipment,
discovered new investment and business translating to a difference of almost 26%. India machinery, electro
opportunities in India, and likewise Indian overtook Germany to become the 4th largest technology, metal and

MORE FUEL SAVING

firms in Germany. vehicle market and was the only country to metal products, plastics,
Germany supplies machines, chemical report a double-digit growth among the top 5 pharmaceuticals, paper
and printing materials, and
products, aircraft, and electronics. Exports global markets. However, only around 3% of medical technology.

SCHWING Stetter (India) Private Limited

of road vehicles and vehicle components
saw the most rapid growth in 2021. India’s
leading exports to Germany are chemical
products, including pharmaceuticals, as
well as clothing and machines. Iron and
BIG & SMALL WITH THE
the Indian population currently owns a car.
According to a recent analysis by Grant Source: Ministry of
Thornton Bharat-FICCI report, the rise Commerce & Industry,
Government of India, Grant
in the use of electric vehicles will fuel an Thornton Bharat-FICCI
increase in imports to India from Germany. report 2022, Germany Trade

steel exports increased the quickest. In 2021, India also stands to benefit from a targeted & Invest research
TAKE ON CHALLENGES

Raw materials used in EV production - German exports to India (USD Million)

HIGHER OUTPUT

HS Code Commodity Description 2019-20 2020-21 2021-22 Y-o-Y growth * (%)

72 Iron and steel 252.7 212.3 311.8 46.9
73 Articles of iron or steel 255.7 229.9 289.7 26.0
74 Copper and articles thereof 138.3 152.7 384.9 152.1
Contact/Whatsapp- +91 91766 01882

75 Nickel and articles thereof 29.1 30.2 32.3 6.9

76 Aluminium and articles thereof 106.4 118.0 136.6 15.8
78 Lead and articles thereof 6.5 2.9 6.0 104.5
79 Zinc and articles thereof 7.2 5.9 20.2 239.2
85 Electrical machinery and equipment and parts thereof; 1,524.8 1,229.7 1,535.8 24.9
sound recorders and reproducers, television image
SENSOR
INBUILT INCLINATION

and sound recorders and re-producers, and parts

Total German exports to India 13,691 13,643 14,968 9.7
% Share of selected HS code categories in total 17.0 14.5 18.2
German exports to India

InDo-German economy December 2022 65

 COVER STORY

export expansion and import substitution

programme when trade volumes increase.
The nation has the potential to increase
its share in the global auto components
market to 4-5% by 2026, riding on the export
growth and import substitution initiatives
being taken by the industry as part of the
‘Atmanirbhar’ initiative.
In CY 2021, Germany imported goods worth
USD 428.1 million (EUR 505 million) within
the Auto sector from India. Despite this,
India’s overall contribution to Germany’s auto
component market is marginal.
However, German exports to India are set
to go higher in the future due to the increased
use of electronics and enhanced design and
engineering in vehicles and components.
According to the analysis, automotive
electronics may be considered the priority
segment of the value chain, followed
by lightweight materials, machinery,
moulds and dies. From the below table, an
exponential increase is visible in the share
of selected HS code categories (i.e., the share
of raw materials used in EV products) in
total exports from Germany to India when
compared to previous years. The export share
of raw materials used in EV products was 17%
in 2019-20, 14.5% in FY 2020-21 and increased
to 18.2% in FY201-22 which indicates growth
over the past three years.
A similar trend is observed for raw materials
used in EV products that were imported from
India by Germany, accounting for a 19%
share in the Total volume of German imports
from India in FY2021-22, an increase when
compared to a share of 16.7% in FY2019-20
and 14.5% in FY2020-21 respectively.
At present, India and Germany aim
to partner by leveraging advantages on
each side and intensifying cooperation on *Year-on-year change
(2021-22/ 2020-21)
next-generation technologies, including
the Internet of Things (IoT). Industries Note: Major Indian exports
such as industrial automation, robotics to Germany include food
and automotive are likely to provide good and beverages, machinery,
pharmaceuticals, textiles,
opportunities for German companies in metal and metal products,
India. Growing demand for EVs equipped electro technology, leather
with smart and automated technologies is and leather goods, gems
driving the electric mobility market in both and jewellery, rubber
products, auto components,
countries. Raw materials deemed critical and chemicals.
for both economies also hold significant
opportunities in the EV space. Companies Source: Ministry of
are investing in the development of vehicle Commerce & Industry,
Government of India, Grant
networking, infotainment systems, head-up Thornton Bharat-FICCI
displays, etc., to enhance vehicle operability. report 2022, Germany Trade
Germany has persistently been a strong ally & Invest research

Raw materials used in EV production - German imports from India (USD Million)
HS Code Commodity Description 2019-20 2020-21 2021-22 Y-o-Y growth * (%)
72 Iron and steel 135.9 123.8 265.6 114.6
73 Articles of iron or steel 377.8 323.4 463.4 43.3
74 Copper and articles thereof 25.8 21.8 42.8 96.5
75 Nickel and articles thereof 2.1 1.3 3.0 137.0
76 Aluminium and articles thereof 58.1 73.9 177.7 140.3
78 Lead and articles thereof - 0.0 0.0 50.0
79 Zinc and articles thereof 0.3 0.6 1.0 66.7
85 Electrical machinery and equipment and parts thereof; 617.4 860.7 931.6 8.2
sound recorders and reproducers, television image
and sound recorders and re-producers, and parts
Total Indian exports to Germany 8,291 8,125 9,883 21.6
% Share of selected HS code categories in total Indian 14.7 17.3 19.1
exports to Germany

InDo-German economy December 2022 67

 COVER STORY
to the Indian economy. Hence, exploring the
potential to foster synergies between the two
automotive powerhouses in the e-mobility
ecosystem is likely to accelerate the adoption
of Electric vehicles in both countries. The
German automotive industry sees India as a
reliable and important partner. As a result,
German manufacturers and suppliers are
present at over 100 locations and production
sites in India. Thereby, India, as one of the
fastest-growing economies in the world, offers
various opportunities for German companies.
Germany is sturdily advancing towards
electrification, but the Indian EV industry
is a developing industry, and the move to
e-mobility is a priority for the Government
of India (GOI). India has promised to cut
6
its emissions to net zero by 2070 at the 26th
Conference of the Parties (COP26) in November
USD billion 2021, which would also require decarbonising
India’s EV industry high greenhouse gas (GHG) intensive sectors
attracted investments such as transport and energy. The country’s
worth in 2021 present demand for energy is growing at a
significant pace as the economy develops. To
achieve its pledge, the composition of India’s
energy demand will likely have to shift more
towards cleaner energy.
Looking at the road ahead, the world’s
largest populated country is in need of
external support and innovation to achieve
this dream. By having broader cooperation
100,000
in Technology and Research & Development
and collaborating with Germany, India could
benefit from Germany’s robust automotive
Charging stations industry and excellence in engineering.
units by 2027
Germany, with its outstanding EV ecosystem,
in India
remains the world’s automotive innovation
hub, leading the way forward to a new mobility
68 December 2022
era that can help India in overcoming its
existing infrastructural gaps in this evolving
EV ecosystem. Collaboration among leading
OEMs and auto component manufacturers is
a healthy industrywide phenomenon, such as
Tata’s and Hyundai’s recent collaboration to
boost India’s charging infrastructure.
There is an upsurge in German original
equipment manufacturers (OEMs) entering
the Indian electric vehicle market. For
the integration of EV manufacturing,
infrastructure and supply chain between India
and Germany, uncertainty is an overarching
theme considering the burgeoning state
of e-mobility uptake in India, where the
disruptive transitions in Germany and overall,
globally may credibly support the continued
advancement of India’s e-mobility solutions
India offers the largest untapped market
worldwide for foreign direct investment
(FDI), specifically in electric mobility, where
100% FDI is approved. In 2021, India’s EV
industry attracted investments worth USD
6 billion and is becoming steadily more
attractive to private equity/venture capital
investors, with investments increasing from
USD 181 million (2020) to USD 1,718 million
(2021) (recording an annual growth rate of
849%). Substantial investments in the EV
segment can help boost operations in the last-
mile delivery, which, if implemented across
scale, can generate operational savings for
the fleet operators. According to Automotive
Component Manufacturers of India (ACMA),
automakers need to explore new technologies
and focus on start-ups as the industry needs
to learn to take risks. While traditional ICE
vehicle manufacturers as well as new EV
InDo-German economy
start-ups are investing heavily in setting
up new manufacturing lines for EVs and
charging equipment, Indian EV tech start-
ups alone secured funding of USD 444 million
across more than 25 deals in 2021, according
to ET Auto research.
The lack of charging infrastructure is
one of the biggest challenges for the EV
sector in India. Currently, there are only
1,742 charging stations in the country. This
number is expected to increase to 100,000
units by 2027 to accommodate the increasing
demand of about 1.4 million expected Electric
Vehicles expected to be on the roads by then.
According to Research and Markets, the
charging infrastructure in India is currently
under-developed with as many as 26 EVs per
charger available in the country, compared to
8 in China or 17 in the United States.
Recent reports of battery explosions
in several parts of India have alarmed
consumers. Two-wheeler manufacturers like
Ola, Okinawa, and Pure EV have recalled more
than 7,000 electric scooters voluntarily in the
wake of dozens of incidents of electric two-
wheelers catching fire. Reports of EV battery
explosions have also made consumers wary
and slowed the pace of EV adoption in India.
India is currently working on a Draft Battery
Swapping Policy which presents significant
opportunities for German companies and
the Indian automotive sector in providing
technical assistance to India as it seeks
to increase domestic energy capacity and
generate battery storage solutions.
InDo-German economy
COVER STORY
Future Outlook
The Government has been primarily focused
on reducing India’s reliance on fossil fuels,
and other traditional non-renewable forms
of energy and henceforth, the Ministry of
Road Transport and Highways aspires that
India reaches aggressive targets of EV sales
penetration of 30% for private cars, 70% for
commercial vehicles, 40% for buses, 80% for
two and three-wheelers by 2030. Undoubtedly,
factors such as attractive government subsidies
like the FAME policy, PLI schemes, decreasing
cost of technology, and distressing pollution
levels, will accelerate India’s transition to EVs
and enable the government to near its vision,
but there is still a long way to go.
The demand seems to be rising every day,
and India’s progress on electric mobility has
been commendable, but the transition will
certainly take place at a steady pace.
Moreover, German manufacturers and
suppliers are convinced that there is no long-
term alternative to clean and climate-friendly
mobility and hence the objective is to achieve
carbon-neutral mobility by 2050 is already
underway for which the German automotive
industry is working towards its contribution in
achieving climate protection targets.
Sustainable innovation between India and
Germany is the way forward to tackle global
challenges and accelerate the adoption of
Electric Vehicles. The solutions are evident, Cleona James
Trade and Investment
and the environment is conducive. All that Manager
remains to be seen is how swiftly the EV Germany Trade & Invest
ecosystem develops in India & Germany. Tel.: +91-22-66652 121
December 2022 69
 ‘Advancing the world of production
with the power of precision’
What are the various services or
range of products you offer in
India?
With over 70,000 precision
components, product types and
industrial machine needles, Groz-
Beckert offers systems and services
for textile-production and joining
processes of knitting, weaving,
felting, tufting, carding and sewing
– and thus covers the requirements
of textile machine builders and
textile manufacturers all over the
world. As a leading partner in the
textile industry, Groz-Beckert also
offers a wide range of services, from
Hub of the textile world specific application advice, tests and
laboratory services to the production
of small and customised series.
Groz-Beckert is the world’s leading provider of industrial machine needles, precision parts and fine With the Groz-Beckert Academy
tools for knitting, weaving, felting, tufting, carding and sewing. in Germany, the company has also
created an extensive training program
As a globally active family-run company, we currently employ around 8,700 employees – more than on the basics and applications of
2,200 of whom work at our headquarters in Albstadt, Germany.
Groz-Beckert products.
What are the digitalisation
We maintain long-term partnerships and open dialog with our employees and customers, initiatives at Groz-Beckert?
because we know: we can only move forward together. Digitisation at Groz-Beckert means
being present online worldwide and
taking the lead in this area of the
www.groz-beckert.com
textile industry as well. We provide
customers with a Customer Portal
Address: Groz-Beckert Asia Pvt. Ltd. 133-135, Industrial Area, Phase 1, Chandigarh – 160 002
InDo-German economy
that offers a comprehensive online
customer platform, including a
product catalogue, order history
and flexible online ordering from
smartphone, tablet, or PC. The Sales
Tool supports our sales activities
with a wide range of content, e.g.
presentations, videos, product
catalogues, forms and many more,
facilitating digitally supported
customer conversations. These
digital solutions played a key role in
overcoming the challenges posed by
the pandemic.
Our digital solutions also
include the OneGB app for
employees. Employees can
check the latest information and
company announcements on their
smartphones, tablets or PC – any
place, any time. It keeps employees
up-to-date on what is new and
important at Groz-Beckert. What
are the key challenges you face as a
company in India? Especially after
the pandemic? While we struggled
with the disruption of supply chains
during the pandemic, the effects of
the Russia-Ukraine war are gradually
making themselves felt. Above all,
the drastic increase in raw material
prices is causing us problems, and
some suppliers now have unusual
long delivery times. We have to learn
that the just-in-time and just-in-
sequence models have their limits.
Fortunately, we have recognised
this early enough and have adapted
KEY FACTS
Producing in India since
1960
Offering more than
70,000
different high precision tools
Sales Offices in
Gurgaon, Ludhiana,
Tirupur and Thane
our strategies in many ways. Even
under the current challenging
circumstances, we can supply our
customers from our warehouses in
the shortest possible time.
What are your plans for the future
in India?
Well-qualified and highly trained
professionals are a key factor for
Groz-Beckert’s success. With the
increasing complexity of production
technology, the requirement for
sophisticated training of employees
is also rising. We will therefore
massively upscale and expand
our training centre. Also, today, it
offers vocational training based on
the German model and adapted to
meet local needs. The emphasis
is on theory and practice with
training that covers workshop
technology, material science,
workshop calculations, physics,
technical drawing, general and soft
skills training, followed by on-the-
job training. In addition, we are
working intensively and increasingly
to make our contribution to
climate protection. This includes
process optimisation to reduce CO2
emissions and to use new, energy-
saving production technologies.
December 2022 71
SPECIAL REPORT SPECIAL REPORT

The German Power Industry

Power& T
he German electricity system is interconnected throughout Europe. Due to its
central geographical location within Europe, Germany is a significant player in the

The
European electricity market and a hub for international power flows. Moreover,
Germany also exports an increasing amount of electricity to its neighbouring countries.
In general, import and export flows are determined by wholesale electricity prices 49%

Electricity
on national electricity exchanges, which in turn are determined by the demand for Renewables
electricity, the amount of electricity generated by renewable energy, and the fuel costs powered
for conventional power plants. Germany in the
first half of 2022
Power generation in Europe
The country exchanges electricity physically with nine direct neighbouring countries Source: Reuters

Industry
- Denmark, the Netherlands, Luxembourg, France, Switzerland, Austria, the Czech
Republic, Poland, and Sweden (via submarine cables). In 2018, Germany exported around
82.7 billion kWh of electricity to its neighbours, whereas it imported 31.5 billion kWh.

T
he following report briefly showcases the
power situation in Germany and India and
the industry’s future. The information has
been gathered from several sources such as
IBEF, IEA, Invest India, GTAI and the Federal
Ministry of Economic Affairs and Climate
Action, among others.
In addition to having the largest installed power capacity in Europe, Germany also
generates the most electricity and consumes the most electricity. Additional information
on the energy data of the countries of Europe can be found on the website of Eurostat, the
European Union’s statistical office. http://ec.europa.eu/eurostat
Carbon neutrality and the future
In order to achieve its ambitious goal of carbon neutrality by 2045, Germany’s new
government has set itself an ambitious goal. By 2030, greenhouse gas emissions will be
reduced by 65% from 1990 levels. In addition, the previous administration had planned to
phase out coal as quickly as possible by 2038. In light of the current war against Ukraine,
energy independence and the expansion of locally available energy sources have become
increasingly important.
In order to free Germany from foreign oil, gas, and coal dependence, renewable energy
is the only viable option. There have been some ups and downs in the energy transition
in Germany, but overall it has been an overall success story. There will be 41.1% of
power consumption in 2021 from wind, solar, biomass, hydro and geothermal energy.
By 2030, it is hoped that 80% will be achieved. This will present a major opportunity for
Germany to modernize its economy. Progress, innovation, and jobs are all driven by the
transformation of the energy system.

The new
electricity market
platform provides
information on
the electricity
market in a
transparent,
easy-to-
understand and
well-structured
form.
www.smard.de

72 December 2022 InDo-German economy InDo-German economy December 2022 73

 SPECIAL REPORT

50%
Of the Power
generated in
India is from
Coal
Source: Government of
India, Ministry of Power

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electrification, the Ministry of Power has made significant efforts to turn the country
from one that suffers from a power shortage to one with a surplus of power.
One of the most diversified sectors of the Indian power industry is its power sector.
Power generation is mainly accomplished by conventional methods, including coal,
lignite, natural gas, oil, hydroelectricity, and nuclear power, but also by viable non-
conventional methods, including wind, solar power, agricultural and household waste.
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smart information. Customers are offered true added value by the FDI Investments eht yb eulav dedda eurt dereffo era sremotsuC .noitamrofni trams
resulting optimization of their processes. As per Invest India, the energy sector projects accounted for the highest share (24 %).in sessecorp rieht fo noitazimitpo gnitluser
the National Infrastructure Pipeline 2019-25. Total FDI inflow in the power sector reached
US$16.39 bn between April 2000 and June 2022. 3 rd
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SAMSON CONTROLS PVT. LTD.
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SMART IN FLOW CONTROL.

InDo-German economy
.LORTNOC WOLF NI TRA MS
December 2022 75
 SPECIAL REPORT

NPP
National
Power Portal
shows India’s
dashboard
regards to
generation,
transmission
and distribution
of Power across
India.
https://npp.gov.in/
dashBoard/cp-map-
dashboard

Source: IBEF Power Infographic August 2022

The Future
The International Energy Agency (IEA) reports that India has made remarkable progress in
its energy development, yet many challenges remain, and the Covid-19 pandemic has caused
significant disruption to the Indian energy sector. As a result of the introduction of electricity
in India, hundreds of millions of citizens have become connected to the electrical grid,
households have installed highly efficient LED lighting, and renewable energy sources have
been dramatically expanded, particularly solar power. Indian citizens have experienced tangible
gains in their quality of life. However, the Covid-19 crisis has complicated efforts to resolve other
pressing issues. As a result, there is a lack of reliable electricity supply for many consumers,
660 million people are still relying on solid biomass, primarily firewood, for cooking fuel; there
are financial difficulties for the electricity distribution companies, as well as poor air quality in
Indian cities that is among the world’s worst.
A growing income and improving living standards have led to India becoming the world’s
third-largest energy consumer. Energy consumption has doubled since 2000, with coal, oil, and
solid biomass still providing 80% of the country’s energy needs. A key indicator of India’s energy
use and emissions per capita is vehicle ownership, steel production, and cement production,
all of which are less than half of the world average. It is expected that Indian households will
purchase new appliances, air conditioning units and vehicles over the next few years as they
recover from a Covid-induced slump in 2020. As India’s population increases at the same rate
as a city the size of Los Angeles annually, it is expected that the country will soon become the
world’s largest. During the next twenty years, India will need to develop a power system as large
as that of the European Union to meet the rapid growth in electricity demand.

Read more at: www.iea.org/reports/india-energy-outlook-2021

InDo-German economy December 2022 77

 IGTC NEWS
Transcend: Rise to the next level!
“A mentor is a torch bearer. One who shows
you the way and how to navigate. Someone
who sees more talent and ability within you
than you see in yourself and helps bring it out
of you.” With this belief, the Indo-German
Training Centre and its Alumni Catalyst team
are proud to launch “Transcend”, a mentoring
initiative by the IGTCians for the IGTCians!
The idea is to facilitate a detailed 5-month
programme starting from September 2022 –
January 2023 between the full-time PGPBA
students and the seasoned IGTC Alumni,
who are industry professionals. The IGTC
78 December 2022
insights gained at IGTC in all domains -
Marketing, Operations, HR and Finance – to
a live business project.
As soon as the project was announced, it
was a delight to see IGTCians across the past
three decades volunteering their time and
keen interest to participate in the programme.
One month into the programme here is some
candid feedback from the mentors:
“My team is on track with their project. We
have a weekly meeting and share updates on
the status regularly. All the students are sharp,
hardworking and keen learners. I think we
need to take the mentoring program beyond
the project too.” - Rayomand Karkaria, Finance
Head, Siemens Ltd., PGPBA Alumnus 1994.
“A month ago, we started this program, and
it is truly going in line with your dreams. These
young turks are really commendable in terms
of their commitment, interest, and eagerness
to learn new things. Working with such young
people has really made me learn more new
things.” - Vishwanath Kittur, Senior Manager,
JSW Infrastructure, PGPBA Alumnus 2010.
“It’s been a great experience mentoring the
batch. They are mature and well-prepared for
Alumni bring years of experience, expertise,
and learnings to groom the rookies. In
contrast, the rookies bring in a lot of energy,
enthusiasm and new ideas to the table to
stimulate conversations and challenge the
status quo.
To ensure a solid basis for the mentorship
programme, one of the key responsibilities
of the mentor is to adopt a group of PGPBA
students and help them plan and execute
their final Integrated Business Project. The
learning outcomes of this project are centred
around the ability of the students to apply the
theoretical concepts learnt and the critical
InDo-German economy
IGTC NEWS
what is expected from them. This enterprising
attitude will surely help them grow leaps and
bounds in their journey ahead.”- Ashwini
Mishra, Manager, Armstrong Dematic,
PGPBA Alumnus 2016.
“Some great collective and interactive
sessions are going on. I liked the
responsiveness of the team during the
project preparations. It is very visible that
the students are getting well-developed
academically as well as on professional front.
Indeed, the esteemed faculties are honing
them well, and the outcome can be very well
seen. It is great learning for me and also for
recollecting knowledge. Thanks for all the
IGTC team are doing!!!” - Rahul Deshak,
Director Operations, Collins Aerospace,
EBMP Alumnus 2018.
Here is what some of the mentees from
PGPBA Batch 2021 – 2023 had to say:
“We had our 1st meeting with Aakanksha
Varude. It was great getting introduced to
an inspiring personality like her. Thank you
so much for the mentor-mentee program!” -
Awdoot Kamble
“The conversation with Mahesh sir gave
 IGTC NEWS

Vector Informatik GmbH

“Putting Engineers in
the Fast Lane”
Mr. Brahmanand Patil
Managing Director

WHAT ARE VECTOR’S IN VECTOR’S GLOBAL and technologies like in the past 13 years, has
SOLUTIONS IN INDIA BUSINESS? connected vehicles, grown with a strong
AND THE GLOBE? Vector Informatik India autonomous driving focus on the Indian
At Vector Informatik, Private Limited is a 100% and Electrification. With Market, working with
over 3500 employees subsidiary of Vector software playing a key global captives, service
across 31 locations Informatik GmbH offices role, today, we look at companies, as well as
worldwide support in Bengaluru and Pune, our vehicles as part of local OEM, Tier1 and
manufacturers and with 140 engineers and the whole ecosystem recent years with quite a
suppliers of the several of them subject and overall experience. lot of start-ups especially
us good food for thought on our project. His clearer understanding of what their offering automotive industry matter experts and Thus, one of the in the EV space.
experience really gives us a path. Despite was to the customer and market. The PESTLE with a professional technical specialists main challenges to the Vector Informatik
the USA – India distance, there was no Analysis & Five Forces Analysis, in most platform of tools, supporting customers automotive ecosystem foresees India as a
awkwardness in the meeting and no barriers cases, were well done, but in some cases, software components in the local automotive is developing secure signification region
in the exchange of knowledge and thought. the SWOT Analysis had conceptual errors of and. Our solutions are ecosystem with their and safe vehicles while as it is a destination
We will surely get the most out of this mentor- whether a particular fact could be a strength from the last 34 years challenges and providing connected. Therefore, for global Automotive
mentee initiative.” - Saniya Mansuri or an opportunity or whether there was an used by engineers of customised solutions as it is paramount to players to leverage the
“Manish sir really liked our idea and interchange between weakness and threat. automotive OEMs, Tier- per their development consider the abuse large talent pool and IT
shared his experience and knowledge on Kudos to the Alumni Mentors and the Alumni 1 suppliers, and other and testing needs. and use cases during knowledge in India. And
approaching the Capstone Project in a Catalysts for launching this initiative.” - Sagar software organisations Vector India has development, which will in the last half a decade,
methodical way. He encouraged us to explore Narsian, Marketing Faculty, IGTC undertaking the established project ensure that the vehicles there has been increased
various data sources and interpret them in The entire credit for this initiative goes to development of teams in the area of on the road continue to software content at local
relevance to the project. The programme the four extremely focused Alumni Catalysts automotive electronics. Embedded Software be reliable and secure. OEMs and Tier1s due
has definitely helped us to find a direction.” – Abhishek Gupta, Ashutosh Tewari, Gary Vector products Consulting, Test On the development to new developments
Sanika Phatak Chandy and Urvil Matalia, who shouldered cover the entire range Automation Framework side, standardisation triggered by new global
“Our mentor Prasad Nawathe gave us the the responsibility of conceptualizing, of activities at OEM, and Hardware-in-Loop at the E/E Architecture platform launches,
much-needed reality check and direction connecting to the mentors and executing this Tier1 and Software systems to enable level is the need of Electric Vehicles with
to the project. We spent time planning the initiative along with Radhieka R Mehta. Services companies customers to leverage the hour, allowing for advanced features
work and preparing a task list for the same. IGTC plans to step up this mentoring towards system & the knowledge of Vector effective implementation like connectivity,
We feel that as a team, the mentor and us are initiative to the next level by engaging E/E Architecture with complex solutions. of use cases like Autonomous features.
a perfect match, and we can make good use mentors for different levels of alumni – design, Embedded customisations, future Vector Informatik
of his valuable time and experience. Excited e.g. if somebody is moving from individual Software development, WHAT ARE THE KEY updates and others. India has plans to
to see this collaboration unfold!” - Nikhil contributor to a team management role, if Specification tools, CHALLENGES IN THE increase competency
Anandsekhar somebody is entering into a mid-management software testing, XiL INDIAN AUTOMOTIVE WHAT ARE VECTOR’S and capacity to meet
“It is great to see some of you take time out role and if someone is moving from mid- Validation, Measurement INDUSTRY? PLANS FOR THE the growing needs and
of your busy schedules to mentor the IGTC management to senior management roles. & Calibration. Automotive Electronics FUTURE/AREAS THAT bring the know-how
students on their Business Plans. When I did Because, after all, “today, the lines between has come a long way ARE OF FOCUS FOR and apt support to the
my interim review, I found that the groups mentoring and networking are blurring. WHAT IS THE ROLE OF and continues to VECTOR? products used by our
were more logical in their understanding of Welcome to the world of mentworking” Julie THE INDIAN ENTITY evolve with trends Vector Informatik India, Customers in the region.
the market compared to the past. They had a Winkle Giulioni

80 December 2022 InDo-German economy InDo-German economy December 2022 81


IGCC launches “Fasal Ki Raksha, Bhavishya Ki Suraksha”
F
rom 4 – 7 November 2022, the Indo-
German Chamber of Commerce, in
cooperation with Deutsche Gesellschaft
für Internationale Zusammenarbeit
GmbH, launched the Indo-German Innovation
for Post-Harvest Management within the
CII Agro Tech India 2022. The pavilion was a
combination of a physical platform in a trade
fair format combined with the digital platform
AgriIndia.Net creating hybrid solutions to solve
the challenges of post-harvest loss in India.
Approximately 40% of crops harvested
in India are lost due to post-harvest loss.
The issue affects all farmers, 80% of whom
Faster. Stronger.
are small farmers. Furthermore, the issue
creates a compounding impact on food loss,
leading to scarcity of food, reducing farmers’
income, and making food more expensive for
Better for your Engine. everyone.
Together with 15 start-ups and the Green
Innovation Centre project, the IGCC
launched “Fasal Ki Raksha, Bhavishya Ki
Suraksha”. The initiative seeks to bring
together 15 Indian start-ups, government
representatives, experts, and other
agriculture stakeholders to solve post-
harvest loss in India using innovations and
digitalisation.
The initiative is funded by the German
Federal Ministry for Economic Cooperation
and Development (BMZ) and carried out by
the Indo-German Chamber of Commerce
on behalf of the Deutsche Gesellschaft für
Internationale Zusammenarbeit (GIZ).
Phone +91 22 6625 5900 | Email: marketing.india@fuchs.com | www.fuchs.com/in
InDo-German economy
SUSTAINMARKETS
The launch of the Pavilion during the
CII Agro Tech India 2022 marked several
important milestones for the initiative:
Indo-German Innovation Pavilion for Post-
Harvest Management
We brought together 15 Indian Start-Ups to
showcase their innovative solution to tackle
post-harvest loss. The Pavilion included an
interactive art design to share knowledge
on the causes of post-harvest loss and better
post-harvest management.
This event was held in person at the Parade
Ground, Chandigarh, India, and featured
conferences and sessions around the theme
“Digital Transformation for Sustainable
Agriculture and Food Security”. All sessions
were live-streamed at www.AgriIndia.Net
The Launch of AgriIndia.Net
AgriIndia.Net is India’s first community-
driven digital platform dedicated to solving
post-harvest loss. The platform focuses
on dialogues, the exchange of ideas and
information, and collaborative partnerships
to tackle post-harvest loss in tomatoes,
onions, potatoes, and apples.
Users of www.AgriIndia.Net benefit from
finding the right information as well as
capability to live-streamed physical events,
find organisations and members to connect,
set up meetings, and promote their products
digitally on the platform and its accompanied
android app.
December 2022 83

The Supply Chain Due Diligence Act
B
oth states and businesses have an
obligation to respect and protect
human rights. Businesses globally
have a tremendous potential to create
economic prosperity along the supply chain.
At the same time, they can also contribute
significantly toward the protection of human
rights and the environment.
To facilitate the practical application of
these business human rights obligations and
to create clear-cut guidelines for companies
in Germany, the German Government has
adopted the Supply Chain Due Diligence Act.
The Act will come into force in January 2023.
The Act will also require German companies’
subsidiaries abroad to prepare their supply
chain due diligence.
Beyond this Act, the EU is currently planning
regulations on human rights due diligence.
The Act mandates companies operating
in Germany having a certain number of
employees to take the necessary steps to
prevent, minimise or end adverse impacts
on people and the environment. Companies
need to set up a mechanism to identify areas
of their business where their operations can
potentially contribute to or cause human
rights abuses or environmental damage. The
Act also identifies which components of this
mechanism be required to include.
The due diligence requirement of the
Act is not an obligation to succeed. Rather
companies need to prove that they have
adequate due diligence processes in place
to fulfil the obligation provisions in the Act,
taking into consideration their individual
context. Businesses cannot guarantee that
InDo-German economy
SUSTAINMARKETS
their supply chain will be free of all human
rights or environmental violations, and as
such, the appropriateness of their actions is
a key factor. The individual context and the
appropriateness defined by the Act include
the scope of the business operations, the
likelihood of violations, their severity, and
the business’ own scope of influence to
effect.
To support companies with the Act’s implementation, the German Federal Office
for Economic Affairs and Export Control (BAFA), the government entity overseeing
the enforcement of the Act, published a handout for determining, weighting
and prioritising risks in the supply chain. The handout is available in German
Language and can be downloaded here: Risiken ermitteln, gewichten und
priorisieren.
https://www.bafa.de/SharedDocs/Downloads/DE/Lieferketten/handreichung_risikoanalyse.
pdf?__blob=publicationFile&v=6
All companies falling within the scope of the Act must regularly publish a
report on compliance with legal due diligence measures. The momentum of
implementing the German Supply Chain Due Diligence continues to grow with
the publication of reporting questionnaire. Report is to be generated from the
answers to the questionnaires. From January, an electronic portal for the reports
will be available at BAFA.
https://www.bafa.de/SharedDocs/Downloads/DE/Lieferketten/merkblatt_fragenkatalog.
pdf;jsessionid=6C321FBE8307C7027787D585F73F69AE.2_cid381?__blob=publicationFile&v=2
To understand more about your business’s obligations under the Supply Chain
Due Diligence Act: The German Act on Corporate Due Diligence in Supply Chains
https://indien.ahk.de/services/igcc-sustainmarkets/the-german-act-on-corporate-due-
diligence-in-supply-chains
For further perspective and support on the implementation of supply chain
due diligence in India, please refer to our publication here: Practical Insights on
Supply Chain Due Diligence Implementation from Industry Professionals
https://indien.ahk.de/services/practical-insights-on-supply-chain-due-diligence-
implementation-from-industry-professionals
December 2022 85
 MEMBERS’
CONTRIBUTION
The Importance of Intercultural Training
and Team Building for Blue-Collar Workers
W
hen it comes to blue-collar
workers, intercultural training
and teambuilding workshops
are somewhat unusual, and
many of them will never have had the
possibility to experience one. Usually,
the white-collar or even middle to senior
management population of companies gets to
attend this type of training. On the other hand,
if you look at complex and expensive assembly
and commissioning projects, these are often
delivered by multinational, multi-company
blue-collar teams in a foreign environment.
These projects are often subject to significant
penalties for delays or non-performance.
The day rate charged for a single blue-collar
assembly worker easily exceeds 700 USD;
a team of assembly workers multiples of
86 December 2022
that. Hence, improving teamwork within an
assembly team and their local counterparts
will generate immediate returns if intercultural
roadblocks can be reduced if not avoided. It
results in a higher-performing team which
saves time and produces better results. This
is quite different from the above- mentioned
white-collar teams, where measuring the
impact of such training is more difficult and
often only possible long term.
Hirschvogel India’s business case
In April 2022, Sahil Jain, Managing Director
of Hirschvogel Components India Pvt
Ltd., an Indian subsidiary of Hirschvogel
Group, commissioned intercultural training
combined with teambuilding activities. A
team of 6 mechanics from two companies
InDo-German economy
(A major German steel manufacturer and a
press manufacturer) had come to Pune for
three months to assemble and commission a
hot press to produce steel components for the
automotive industry. This team would have to
collaborate with the local team of engineers
and mechanics of Hirschvogel Components
India Pvt Ltd. to achieve an implementation
date of October 1st. With capacity expansion
planned at the Hirschvogel Components
India facility, the press that was being
installed and commissioned was extremely
crucial for its operations. It was shipped from
Germany with its machine parts in more
than 40 containers. These machine parts
had to be assembled piece by piece, which
was mammoth of a task. For the assembly of
these parts, Hirschvogel had to invest heavily
in assembly tools. On May 12th, during the
first month of the planned 3-month assembly
project, a workshop with the following
content was conducted:
1. Get to know each other better for the
German mechanics over lunch guided by a
number of fun questions (1 hour)
2. Introduction to Indian culture for the
German mechanics (2.5 hours)
3.Three team building activities for both
theGerman and the local Indian team (2
hours)
Six weeks after the event, Mr. Jain informed
that the collaboration between the German
and the Indian team had improved so much
that the assembly and commissioning of
the press were almost complete now – 1.5
months ahead of time, and the mechanics
could return to their home bases in Germany.
During the installation and commissioning
of the machine, various challenges were
encountered, like the weather conditions
in India (since it was peak summer time),
InDo-German economy
MEMBERS’
CONTRIBUTION
coordination and collaboration between the
parties involved considering the language
and cultural barrier. On-time installation and
commissioning of this press were of utmost
importance to ensure early capacity planning
and avoid unnecessary downtime between
the installation and the start of production.
The team had to incorporate all mechanical
and electrical systems to prepare it for
production and ensure smooth day-to- day
activities. The erection and commissioning
of the press were carried out within a short
time with diligent planning and efforts
with great success despite the enormous
size of the machine and its heavy weight
while adhering to all required protocols
and stringent safety & quality standards.
The press was made operational before the
anticipated time with the German team’s
know-how and the flexibility of the Indian
team. Considering an overall project value
of multiple million Euros, the investment
into half a day of training and interaction
resulted in immediate, measurable returns.
Furthermore, considering the daily charges
for the assembly team, the training ROI
could easily lie in the 4–5-digit range.
Overall, the intercultural team building
event was a fun filled and enriching experience
for all participants at an individual level.
Co-authored by
Antje Bauer,
Managing Director of StrengthMiner
Consulting LLP/Coach
antje.bauer@strengthminer.com
Pradnya Tupe,
Human Resources,
HirschvogelIndia Pvt. Ltd.
pradnya.tupe@hirschvogel.com
December 2022 87
 CONNECT 2022 CONNECT 2022

ATA | PROJECTS + BLUEBINARIES ENGINEERING BUCHER HYDRAULICS KOELNMESSE YA TRADEFAIR

CERATIZIT INDIA PVT. LTD. HAVARA TECHNOLOGIES
SOLUTIONS AND SOLUTIONS PVT LTD PVT. LTD. PVT. LTD.
Expert for projects - networker Tooling a Sustainable Future We Digitalize the Mittelstand We Energize Business
Inspired by Future Mobility Smart Solutions Superior Support
for solutions

MR. JÜRGEN HILDEBRANDT MR. ANIL KUMAR VANI RAO MILIND DIXIT
JÜRGEN HILDEBRANDT
CEO KISHORE LM KAPIL SEHGAL
Managing Director Managing Director Managing Director
CEO President & COO Managing Director

ATA | Projects + Solutions - as a long-
standing, internationally active service
company, our corporate values are
anchored in our DNA. We successfully live
traditional behaviours in a modern business
environment.
We are pleased to combine our strengths
with our partners and customers to
actively and positively shape our common
future. It fills us with pride to open up new
professional opportunities, interesting
relationships and unimagined project
solutions for our international customers
through cooperation.
We offer:
• Investment / Investor search
• Search for Customers / Buyers
• Search for Companies / Suppliers
• Product development
• Market analysis
Our main areas of activity range from
company sales to hotel projects and land
development projects.
Honesty is one of our most important
corporate principles. There must always
be a “win-win situation” for the project
partners.
Contact Details:
ATA | Projects + Solutions
Herbststr. 14
87439 Kempten
Germany
Tel: +49 831 570 1400
Email: info@ata.com.de
Website: www.ata.com.de
BlueBinaries, a leader in delivering mobility
solutions, caters to demands of next-gen
mobility such as software-driven vehicles,
zonal architectures, electrification, shared
mobility etc. We engineer futuristic
technologies and solutions that accelerate
the transformation in the vehicle ecosystem
with the spirit of innovation all around the
talent contributing to the future roadmap.
Led by a powerful core team of leaders who
have decades of experience in the automotive
space, BlueBinaries has carved a niche for itself
as the most trusted partner for top mobility
manufacturers in E/E architecture, Digital
cockpit, Electrification, ADAS/ Autonomous
Driving systems, Diagnostics & EOL, Lighting
Systems and Digital Mobility segments.
BlueBinaries became a powerhouse of
passionate, young, and dynamic automotive
enthusiasts who work together as a single
process-oriented team to drive the strong
value system wherein the rhythm of ‘Initiate.
Inspire. Innovate’ resonates at every stage
of project delivery. Our commitment to
continuous learning and development
empowers us to build the future at our state-
of-the-art labs and test centres.
Contact Details:
BlueBinaries Engineering and Solutions
Pvt Ltd
INDIA: 1st Floor, Gamma Block, SSPDL Alpha City,
OMR, Navalur, Chennai, Tamil Nadu - 603103. India
GERMANY: 4th Floor, Ingolstädter Strasse 22,
80807 München, Germany.
Tel: +91 44 4001 5858 (India)
Email: Info@BlueBinaries.com
Website: www.bluebinaries.com
As an internationally leading manufacturer
of innovative hydraulic drive and control
technologies for mobile and industrial
hydraulic applications. Bucher Hydraulics
contributes a high level of technical
expertise in supporting our customer’s
“product development” activities from the
initial project phase to the finished machine
serial production. We can provide valuable
help in creating advanced machinery that
features stringent technical demands and
exacting quality standards.
We ensure proximity to customers with
production facilities and sales centres in
Europe, USA, India, China, and Brazil. We
belong to an International technology
Group “Bucher Industries AG” founded in
1807. We specialise in Hydraulic solutions for
various applications, such as Construction
Machines, Material handling Machines,
Municipal Equipment, Renewable Energy,
Agricultural Technology.
In India, Bucher Hydraulics started its
operations in 2006. Since then continuously,
Company is investing in capacity and
capabilities towards Product design,
development, validation, manufacturing
that meet customers expectations not only
in India but also around the world.
Contact Details:
Bucher Hydraulics Pvt. Ltd.
Address: Plot No. 6, Sector 5, IMT Manesar
Gurgaon 122050. Haryana. India
Tel: +91 124 47 00 100
Fax: +91 124 47 00 125
Email: info.in@bucherhydraulics.com
Website: www.bucherhydraulics.com
CERATIZIT with passion and a pioneering spirit for
hard materials.
For over 100 years, CERATIZIT has been a pioneer in
developing exceptional hard material solutions for
machining and wear protection. The private company,
with registered offices in Mamer, Luxembourg,
develops and produces highly specialised cutting
tools, indexable inserts, and rods made from hard
materials and worn parts. The CERATIZIT Group is the
global market leader in various application segments
and successfully develops new carbide, cermet and
ceramic grades, such as for wood and stone working.
With more than 7,000 employees at more than 25
production facilities and a sales network with over 50
branches, CERATIZIT is a global player in the carbide
industry. The company’s international network
includes subsidiary Stadler Metalle and joint venture
CB-CERATIZIT. The technology leader continually
invests in research and development and holds over
1,000 patents.
CERATIZIT is committed to sustainable goals. The
vision is to be the leader in sustainability for the
hard metal and cutting tool industry by 2025. Taking
responsibility of the climate serious every effort
is being made to minimize our Carbon footprint.
CERATIZIT has set goal to achieve the target as early
as 2040.
In India, CERATIZIT operates three production sites in
Bengaluru and Uluberia, two service sites in Bengaluru
and Pune, and four regional offices in Bengaluru,
Gurugram, Kolkata, and Pune. All the sites are certified
with ISO 9001, ISO 14001, ISO 45001 and AS 9100.
Contact Details:
CERATIZIT India Pvt. Ltd.
Address: 16J, Attibele Industrial Area, Anekal Taluk,
Bengaluru 562 107. India.
Tel: +91 80 67728 000
Email: anil.kumar@ceratizit.com
Website: www.ceratizit.com
Havara Technologies is an Indo-German IT and
Digital transformation company incorporated
in 2019. Havara was founded with the vision
of providing high quality IT and digital
transformation services in Germany. The
mission of the company is to provide the best
quality services and be a technology partner.
Havara’s team is led by industry experts with
over 25+ years of experience across various
domains.
Havara specializes in transforming the
companies by building and maintaining
software applications - from ecommerce
portals to enterprise solutions. The range of
services include Application development,
Software Maintenance, Ecommerce
portals, ERP Implementation and Digital
transformation.
Havara also specializes in helping the
organizations to augment the talent at onsite
or at offshore locations at competitive prices.
Havara has deep expertise in industry leading
technologies like NopCommerce, ERPNext,
Microsoft dynamics 365, Azure Cloud, AWS
Cloud to name a few.
Connect with us to explore the opportunities
to work together on your digital
transformation, IT and resourcing needs.
Contact Details:
Havara Technologies
Address: Flora GF02, Rajapushpa Atria,
Golden Mile Road, Kokapet,
Hyderabad 500075 Telangana, India
Mobile: +91 7893739458
Vani Rao - vani.rao@havaratech.com
Ralf Schwarzkopf - ralf.schwarzkopf@
havaratech.com
Website: www.havaratech.com
Koelnmesse YA Tradefair Pvt. Ltd. is the fully
owned subsidiary of Koelnmesse GmbH,
established in 2008 to cater the needs of rising
Indian market. The hallmark of a successful
trade fair is its ability to bring markets and
people together in an efficient and highly
professional manner.
With a legacy of over 15 years Koelnmesse in
India has a strong foot hold in Food & Beverage
industry with its leading trade shows like
Anufood India, Anutec International FoodTec
India, PackEx India & India International Dairy
Expo. “International Hardware Fair India” is
a new addition to the bouquet of B2B trade
fairs being organised by Koelnmesse in India.
Events “made by Koelnmesse” are a promise
of top quality.
Having its headquarters in Mumbai,
Koelnmesse YA Trade Fair Pvt. Ltd. also
caters to neighbouring markets viz. Sri Lanka,
Bangladesh, Nepal, Myanmar, Bhutan and
also facilitates its services for manufacturers
& exporters from this region to participate
in its leading global fairs such ANUGA,
Eisenwarenmesse etc.
Contact Details:
Mr. Milind Dixit – Managing Director
Email:- m.dixit@koelnmesse-india.com
Mr. Sameer Mithia – Group Director
Email:- s.mithia@koelnmesse-india.com
Koelnmesse YA Tradefair Pvt. Ltd.
Address: 203, Inizio, Cardinal Gracious Road,
Chakala, Andheri (East),
Mumbai – 400099, Maharashtra, India.
Tel: +91-22-62044805
Website: www.koelnmesse-india.com

88 December 2022 InDo-German economy InDo-German economy December 2022 89


KP INFOTECH
Results, Delivered!
KHANJAN KHAMBHAITA
CEO
We have done a Digital Campaign for our
IGCC Member company and Boosted their
Revenue by 200%
We have been a member of Indo German
Chamber of Commerce Since the Year 2010,
and we help our Member Companies to
Go Digital and Increase Business in India +
Europe.
KP Infotech was established in the year
Content Studio, Digital Marketing Agency,
and Skill Development Centre.
For the last 2 Decades, we are Promoting
Businesses of Engineering, Pharma,
Architects, Furniture, FMCG, Food
Processing, F&B, Jewellery, Logistics,
Consultancy Firms, and Tourism.
We are a Strong Team of 38 Experts in
Google, YouTube, Social Media, Content
Development, E-Commerce, Mobile Apps,
and Websites Development.
Business Connect Recently awarded us the
“Top 10 Digital Marketing Agency in
India” in recognition of our hard work,
dedication, and professionalism.
Feel Free to Call us anytime, we are always
ready to work with IGCC Members :)
Contact Details:
KP Infotech
Address: 10, 1st Floor,
Vyas Mansion,
Opp. Ghare Jewellers, Bajaj Cross Road,
Kandivali (West), Mumbai 400067,
Maharashtra, India.
Phone: +91 9594941044
+91 8291610104
Email: info@kpinfotech.co.in
Website: www.kpinfotech.co.in
90 December 2022
CONNECT 2022
maracana SDC Private Limited
Software Development Center
DANIEL HERRGOTT
Managing Director
maracana and orquidea bring next-generation and
world-class software development, research &
development, data centre, virtualization and project
management solutions to organizations of all sizes.
Organizations large and small can benefit from the
wide range of IT services from maracana and orquidea.
maracana has been serving its clients with the best
expertise in the business. We provide cost-effective
and high-quality software solutions to our clientele.
We retain our parent firm’s ethos and work ethic,
“orquidea”, while incorporating our regional staff’s
skills and creative solutions.
Meticulous curation led us to form the state-of-the-
art centre with the latest equipment and facilities.
maracana SDC is driven by the enthusiasm and
energy of its young team, striving to leave its mark
on the global map. This gives it an edge and is
the very spirit we have been looking to establish
globally, rather than outsourcing our work to third
parties. We strive for excellence in the company and
provide the best products and services. Our teams
consist of engineers, designers, and researchers,
which provides us with different perspectives and
helps us choose the best solution for our client’s
requirements.
Give your business the maracana advantage with:
• Web Applications
• Mobile Applications
• Custom Software Development
• Dedicated Development Teams
• Staff Augmentation
Contact Details:
maracana SDC Private Limited
Address: Zone-C, 2nd Floor, Quark SEZ,
Industrial Area Extension, Phase 8,
Sahibzada Ajit Singh Nagar, 160059, Punjab
Tel: +91 8699998986.
Email: info@maracana.in
Website: www.maracana.in
PAREKH INTEGRATED
SERVICES PVT LTD
Customize.. Deliver.. Delight
NIMISH PAREKH
CEO
Parekh Integrated Services Pvt.
Ltd. is a Third Party Logistics service
provider offering Customized Supply
Chain Solutions to Indian as well as
Multinational Companies (including
German, French, Japanese & American)
since 1981. We provide Warehousing,
Transportation, Freight Forwarding,
Customs Clearance, Customs Bonded
services, Customer Service, ERP, Reverse
Logistics, Payment Collection and all
other supply chain-related services,
including a wide range of value adds.
Currently, Parekh manages 130+
Companies spread across more than
75 cities in India, primarily covering
Healthcare (Medical Device, Pharma,
Veterinary), Chemicals & Paints
(Construction, Adhesives, Lubricants,
Industrial Cleaning, Specialty paints,
Coatings, Dyes), Agri & Agro Chemicals
(Crop Protection, Plant Growth
Regulators, Field Crops, Vegetable
Seeds). With over 300 distribution
centres across India, covering 250,000
square meters of warehousing space
Contact Details:
Parekh Integrated Services Pvt. Ltd.
Address: Parekh Prints, Italian Textile
Compound (1st Floor)
Goregaon-Mukund Link Road,
Goregaon (East), Mumbai 400063. India
Tel: +91 22 6103 3600/3700
Email: info@pispl.in
Website: www.pispl.in
II nDo
NDO-German E conomy
ERMAN e CONOMY
RENMAKCH INDIA PVT. LTD.
A Reliable Partner for
RAILWAY & METRO Infrastructure
MR. NEELESH DIXIT
Managing Director
Established in 1996, RENMAKCH is an Indian
Company based in Thane (Mumbai) and is well
known as a Comprehensive Solution Provider
Company, providing dedicated support to
various segments like; Railways, Metros,
Infrastructure and others.
RENMAKCH specialises in providing; high-
end technology solutions for Maintenance &
Testing Infrastructure with Premium Quality
Machinery & Plants, Innovative & Reliable
Shop Floor Solutions for Maintenance
(Dismantling, Assembly, Material Handling)
& Inspection (Wheel & Rail Profile
Measurements), After Sales Services,
Comprehensive Maintenance Solutions, etc.
RENMAKCH provides “Make in India” support
to Foreign Companies and has successfully
started manufacturing European Technology
Equipment like; Mobile Lifting Jacks, Bogie
Turn Tables, Multi-Purpose Work Stations,
Roof Working Platforms, Battery Operated
Rail Cum Road Shunters and other special
purpose customised equipment in India, as
per European Design & Quality Standards
under Joint Ventures involving Transfer of
Technology.
We are open for Make in India associations,
for the Indian Market as well as for Exports
from India to the other parts of the world.
Contact Details:
RENMAKCH India Pvt. Ltd.
Address: 403-404, Odyssey IT Park,
Road No. 9, Wagle Estate,
Thane 400604 (Mumbai), India
Mobile: +91 9819585511
Email: md@renmakch.com
Website: www.renmakch.com
InDo-German economy
CONNECT 2022
RNM INDIA
Thinking of the Bottomline,
think of Us
RAGHU MARWAH
Managing Partner & CEO
RNM India was established in 1946 as a
Consultancy firm by our Founder Late Mr. R.N.
Marwah catering to the bespoke accounting
needs of our demanding clients. Our firm has
been headquartered in Janpath, New Delhi,
since 1947, with branch offices in Gurugram,
Bengaluru, Raipur and London.
We are a one-stop solution provider, advising
and guiding our clients in Investment Banking,
Consultancy and Outsourcing services, thus
offering them healthy growth options. We
are a member firm of the Geneva Group
International (GGI) which is ranked #1 as
Multidisciplinary Association worldwide and
#2 in Associations & Alliances, and is present
in 126+ countries.
RNM India received the Award for GGI
Member firm of the year 2019 during the GGI
World Conference in Morocco.
We provide a wide range of professional
services, including Assurance & Business
Advisory Services, Taxation & Regulatory
Services and Corporate & Legal Services.
We have served several organizations,
irrespective of their size and type, including
Large Corporates, PSUs, Startups, MSMEs,
Charities, Trusts, Partnerships, or Sole Traders.
However, our focus remains on the Mid
Market.
Contact Details:
RNM India
Address: 4/80 Janpath,
New Delhi 110001 India.
Tel: +91-11-43192000
Fax: +91-11-43192021
Email: raghu.m@rnm.in
Website: www.rnm.in
S & C INVOTEK
Filtration Products
- Liquid, Air & Gas
MR. SATISH PRABHU H.
Chief Executive Officer
S & C Invotek is a leading Designer and
Manufacturer of Simplex and Duplex
Filtration products for Liquid, Air & Gas
applications for Engineering & Process
industries for more than two decades.
We provide Customers with best-in-class
Filtration products offering the longest life
and the lowest operating and maintenance
costs.
We have a full line, including Filter
Cartridges, Filter Bags and Filter Housing
in Carbon Steel, SS 304, 316, etc. Our
Industrial Filters benefit almost all Food
& Beverage manufacturing processes,
like the confectionery industry edible
oils, hot fry oil, wine filtration, fruit juice
flavours and extracts, etc. Our products
line supports the Food & Beverage
industry with a full array of Products for
Filtration. No Matter What Your Filtration
Requirements are, we have a Product to
Suit your Needs.
We Deliver Innovative, Efficient, & Value-
driven Filtration Solutions for Customers
in Automobiles, Chemicals, Food &
Beverages, Bio & Pharma, Edible oil, Ink,
Paint etc.
Contact Details:
S & C Invotek
Address: # 3776, 13th Cross, 30th Main, BSK 2nd
Stage, Bangalore 560070, Karnataka, India.
Tel: +91-080-26665676/26697112/26797001
Mobile: +91 9844035677/9980775677
Email: info@invotekfilters.com;
sales@invotekfilters.com
Website: www.invotekfilters.com
December 2022 91

SCHUNK INTEC INDIA
PRIVATE LIMITED
Hand in hand for tomorrow
SATISH SADASIVAN
Managing Director
The family-owned company SCHUNK is a world
leader in equipping modern production lines
and robot systems. SCHUNK is the international
technology leader in tool holding and work
holding, gripping technology and automation
technology. Approx. 3,500 employees in 9
plants and 34 directly owned subsidiaries and
distribution partners in more than 50 countries
worldwide ensure an intensive market presence.
Friedrich Schunk founded the company
in Lauffen/Neckar in 1945 as a mechanical
workshop. Under the management of his son
Heinz-Dieter Schunk, SCHUNK evolved into a
global player and the world’s leading technology
supplier for robots and production systems.
Today, the company is run by third-generation
siblings Kristina I. Schunk and Henrik A. Schunk,
the founder’s grandchildren. SCHUNK is firmly
anchored in its home region as a socially
committed and responsible employer.
SCHUNK Intec India, a 100% subsidiary of
SCHUNK GmbH co KG with its registered office in
Bangalore, was established in 2001. Two decades
of success in India enables us to support our
customers PAN India through a strong direct sales
network and distribution channels. Our in-house
design, customisation capabilities and strong
inventory further enhance our market shares and
success in the Indian industry.
Contact Details:
SCHUNK Intec India Private Limited
Address: No 80 A & 80 C-1, Yeshwanthpur
Industrial Suburbs, Bangalore 560022
Karnataka India.
Mobile: 91 7829304444 (Mr. Satish Sadasivan)
Email: info@in.schunk.com
Website: www.in.schunk.com
92 December 2022
CONNECT 2022
SRISHTY MEDICAL
PVT. LTD.
Achieving milestones in defining,
measuring & innovating healthcare.
PUNEET NARULA
Jt. Managing Director
Srishty Medical Pvt. Ltd. is a member of Sun
Narula Group (SNG India) that has been in the
healthcare business since its inception.
Healthcare infrastructure solutions and
products offered by SNG in South Asia region
are Pneumatic Tube Systems, Automated
Waste & Laundry Tube Systems, Central
Medical Gas Pipeline Systems, Modular
Operating Theatres & Packaged Turn-Key
Package Solutions for ICUs, ERs and other
hospitals spaces.
SNG has been awarded several accolades,
including “Top 10 Best Healthcare Infra
Companies in India 2022” & “Top 100
Healthcare Companies in India 2022”.
Srishty Medical Pvt. Ltd. is supported by
world-renowned manufacturers and OEMs,
experts, strong R&D, complete in-house
design, pre-sales and post-sales teams in
place, and capabilities to adapt and cope
with the dynamic, continuous improvements
and introduction of new technologies and
solutions.
With over 700 leading hospitals and healthcare
providers as its customers (as of November
2022), SNG’s healthcare solutions are the most
preferred ones.
Contact Details:
Srishty Medical Pvt. Ltd.
Address: A219, Road No 6,
Mahipalpur NH8, New Delhi 110037, INDIA.
Toll Free No: 1800 309 7909
Email: info@sngindia.org,
Website: www.sngindia.org
SYSTEM TOOLS &
ENGINEERING PRODUCTS
Your Satisfaction Is Our Motto
MR. S.C. MALHOTRA
Managing Director
System Tools & Engineering Products (STEP)
was established in 1995 and is an ISO 9001:
2015 TUV-SUD certified organization. We are
highly Committed to Customer Satisfaction by
providing the Best Quality Products on Time
Delivery and within the budget.
We have the latest world-class Machine Tools,
including CNC and VMC Setups and a robust
in-house Quality Control cell to support our
Machining and manufacturing processes. We
manufacture various components, including
Automotive parts, Tractor parts, Agriculture
Machine parts, JCB parts, Machine Tool parts
and other Engineering Components.
We have a dedicated team of hardworking &
Self-motivated Engineers & technicians who
are always ready to take on challenging/critical
components for development. The company has
about 100 customers within India & Overseas.
We are manufacturing and supplying these
components to principal Vendors/OEMs,
Exporters, and in the Global Markets, as per the
customer’s “Drawings or Samples”.
Please contact us if you are looking for Cost-
effective, Customized Engineering Products.
Contact Details:
System Tools & Engineering Products
Address: K-98, Phase -7, Focal Point,
Ludhiana 141010 (Pb) INDIA
Mobile: India : +91-84275-00360
Germany : +49-15129486361
Email: systemtools100@yahoo.com,
systemtoolsengg@gmail.com
Website: www.engineeringpartsmanufacturers.com
www.systemtoolsengineering.com
InDo-German economy
VEM TOOLING (I) PVT LTD
Toolroom & Plastic Moulding
MARC WEINMANN
CEO
We are a German-owned plastic injection
mould manufacturer and injection moulding
company with global footprints in Bulgaria,
China, Hong Kong, India, Mexico, and Thailand.
Having diversified customer portfolios
belonging to various categories like
automotive, medical, electrical & electronics,
FMCG, packaging, etc.
Our product range includes plastic injection
moulds with clamping forces ranging from
50 T to 550 T. We are fully equipped with the
latest CAD/CAM and analytical technology,
allowing us to utilize current engineering to
help our customers minimize their lead time to
hit the market. In addition, we have rigorous
quality control in our manufacturing, which
guarantees high consistency in the quality of
each tool we supply.
Our in-house design and development team
helps generate new designs and develop
profiles faster.
We proactively invested in a 3D metal printing
machine to help the tooling industry with
advanced development, reducing moulding
cycle time and shortening lead time for tool
development.”
Contact Details:
Mr. Gopal Kabra – Director
Email id: g.kabra@vem-ltd.com
Mr. Vinayak Jadhav – Sales Manager
Email id: jadhav.vinayak@vem-ltd.com
VEM Tooling (I) Pvt. Ltd.
Address: Gat No. 125, Hissa No. B, A/P - Village
Mouje Kadamwakwasti (Loni Kalbhor), Taluka -
Haveli, District - Pune. Maharashtra. India. 412201.
Website: www.vem-tooling.com
InDo-German economy
CONNECT 2022
ABHIJIT JOSHI
CONNECT
Founding & Managing Partner with the
Indo-German
Business Community
Veritas Legal is an Indian law firm founded
in 2015 by Abhijit Joshi, a leading Corporate
by
and M&A lawyer. The core team is highly
experienced, comprising of senior lawyers, ADVERTISING
who have previously worked with India’s in our
leading law firms. The firm is recognized for
its end-to-end services in relation to 3 core INDO-GERMAN ECONOMY
practice areas: Corporate and Commercial,
Quarterly Business Magazine
including Mergers and Acquisitions and
Private Equity and Venture Capital, Litigation
2023
and Dispute Resolution, and Real Estate.
Other prominent practice areas include White-
Collar Crime, Private Client, Pharmaceutical
and Healthcare, Banking and Finance,
Infrastructure and Projects, Anti-trust and
Competition, and Labour and Employment.
Veritas Legal strives to provide incisive client-
focused legal solutions based on an in-depth
knowledge of India’s legal, regulatory and
commercial environment. The firm brings
significant expertise with its wide-ranging
experience from having advised domestic
and international companies across various
industries. Clients benefit from this vast
BOOK YOUR
experience, blended with personal attention
and streamlined advice.
Veritas Legal has been consistently recognized
SPACE NOW!
nationally and internationally for quality legal
services. The firm has won several awards
and accolades, including ‘Rising Star Firm of
the Year’ by IFLR1000 India Awards 2020 and
Ranked 15 in the Top 50 India Ranking 2019 by
RSG India Report.
For further details, contact:
jennifer.dlima@indo-german.com
Contact Details:
genelle.fernandes@indo-german.com
Veritas Legal Tel: 91 22 66652156/9833679414
Forbes Building, 1st Floor, Charanjit Rai Marg, Fort,
Mumbai - 400 001, India Website: www.indien.ahk.de
Tel: +91 22 4368 6700
Email: contact@veritaslegal.in
Website: www.veritaslegal.in
December 2022 93
 BUSINESS
OPPORTUNITIES
OPPORTUNITY IN INDIA
German company producing industrial packaging for the cable
industry is looking for suppliers of plywood parts in India
A 150 years old German company manufacturing customized wooden, plastic, and metal
industrial packaging for the cable industry is looking to import plywood parts such as flanges
from suppliers in India.
They are interested in a long-term partnership with an Indian company that can produce the
parts as per their requirements and ship them to Hamburg. The Indian business partner should
be a producer of “plywood plates” and /or “plywood parts” for industrial packaging (cable reels)
and ideally be located closer to a port. They should be able to supply large quantities of plywood
flanges and parts as per the technical drawings provided for the European market.
If you are interested in the German company’s
enquiry, please write to anupama.narayan@indo-
german.com with a short profile of your company.
OPPORTUNITY IN GERMANY
Indisches Unternehmen aus dem Bereich
Fahrzeug- und Eisenbahnkomponenten sucht
deutschen Kooperationspartner
Baynee Industries ist ein 57 Jahre altes IATF
16049 zertifiziertes Unternehmen aus Kalkutta,
West Bengalen. Wir suchen einen Partner für
Joint Venture, technische Kollaboration oder
Beratungsdienstleistungen zur Errichtung
einer Aluminiumdruckguss Anlage in den
folgenden Bereichen:
• Automobilteile (Pumpen- und
Getriebegehäuse)
• Eisenbahnkomponenten (Gehäuse)
• Komponenten für Elektrofahrzeuge
Unsere Firma stellt derzeit auf Grauguss
basierende mechanische Baugruppen wie
z.B. Ölpumpen, Motorbremseinheiten,
Getriebeeinheiten und Achsaggregate
her. Wir suchen Partner für dauerhafte
Geschäftsbeziehungen. Unser kostengünstiger
Standort kann auch zum Export genutzt
werden.
Wenn Sie an der Anfrage des indischen
Unternehmens interessiert sind, schreiben Sie bitte
an anupama.narayan@indo-german.com; sabina.
pandey@indo-german.com
94 December 2022 InDo-German economy
Published by the Branch Offices
Indo-German Chamber of Commerce Bengaluru
403, Shah Sultan, 4th Floor,
Publisher Stefan Halusa Cunningham Road, Bengaluru – 560052.
Tel.: +91-80-22265 650 Fax: +91-80-22203 797
Editor Nikhil Rastogi E-mail: bangalore@indo-german.com
Regional Director: Sumit Sharma
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Chennai
Genelle Fernandes
German Centre, No.32 (Old No.117), G. N. Chetty Road,
T. Nagar, Chennai – 600017.
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Regional Director: Mallikarjuna
Printed at Silverpoint Press Pvt. Limited
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Head Office Indo-German Chamber of Commerce,
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Maker Tower ‘E’, 1st Floor, Tel.: +91-11-47168 888 / 801 Fax: +91-11-26873 221
E-mail: delhi@indo-german.com
Cuffe Parade, Mumbai - 400005.
Dy. Director General: Sonia Prashar
Tel.: +91-22-66652 121 Fax: +91-22-66652 120
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E-mail: bombay@indo-german.com
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Tel.: +91-33-22837 962 / 970, +91-33-22802 236
Fax: +91-33-22837 963
Our Services
E-mail: calcutta@indo-german.com
Regional Director: Sabina Pandey
Events Pune
Trade Fairs 710, Nucleus Mall, 1, Church Road,
Opp. Police Commissioner’s Office, Pune – 411001.
Training
Tel.: +91-20-41047 100 Fax: +91-20-41047 117
Business Partner Search E-mail: pune@indo-german.com
Business Delegations Regional Director: Mira Dalvi Sahni
Sustainability Liaison Office Düsseldorf
Translation Citadellstraße 12, 40213, Düsseldorf
Tel.: +49-211-360 597 / 360 598 / 362 749
Office-in-office
Fax: +49-211-350 287
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Regional Director: Dirk Matter
Representative Offices
Indo-German Training Centres (IGTC) • Ahmedabad • Aurangabad • Bhubaneswar • Cochin
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Churchgate, Mumbai - 400020.
Tel: +91-22-22846830 India Desks Abroad
Email: director@igtcindia.com
• Bangkok • Colombo • Hong Kong • Houghton
• Kuala Lumpur • Riyadh • Singapore • Sydney
Director: Radhieka R Mehta
India Desks in Germany
• Berlin • Bremen • Dresden • Düsseldorf
IGTC Website: www.igtcindia.com • Frankfurt • Freiburg • Halle/Saale • Hamburg
• Hannover • Mannheim • München
• Nürnberg • Osnabrück-Emsland
• Saarbrücken • Stuttgart • Würzburg
Follow Indo-German Chamber of Commerce IndoGermanChamberofCommerce
Representative in Brussels (Belgium)
us on IndoGerman IndoGermanChamberofCommerce
For details: https://indien.ahk.de/about-us
Indo-German Joint Venture
for Vocational Training

Your Partner for Technical Education

Christiani Sharpline is a 50:50 Indo-German joint venture which has set itself the
objective to improve the employable skills and help persons to get qualified for
industry. As a single-source provider for hands-on technical training our portfolio
covers both the hardware for the training labs and the teaching materials prepared
for the lessons. For more information please see www.cstt.in

Mechanics Automation Electronics

Automotive Renewable Energy Training Lab Concepts

Christiani Sharpline Technical Training Private Limited

Plot # 19, TTC Industrial Area, Vishnu Nagar, Digha, Navi Mumbai - 400 708
Phone: +91 - 22 - 6835 8918 • E-mail: christiani@sharplinegroup.com

Your Partner for Technical Education SCHOOL VOCATIONAL TRAINING UNIVERSITY FURTHER TRAINING
TECHNIC TECHNIC TECHNIC TECHNIC
 BUILDING BRIDGES FROM
INNOVATION TO SUSTAINABILITY.
WHY NOT?
Through curiosity, courage and creativity Covestro has become
a world leader in high-tech polymer raw materials for products from
many areas of everyday life. Ever since Otto Bayer and his team
discovered polyurethane chemistry in 1937, we have been pushing
boundaries through groundbreaking innovations to enhance the
efficiency, quality, and environmental footprint of our polymers.
Nowadays, we work closely with our customers to develop inno-
vative and sustainable products along the entire value chain.
What may we develop for you?

www.covestro.com