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  • Maharashtra Germany

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    Payal Kathiawadi
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    Germany is Maharashtra's 8th largest export partner and 11th largest import partner, with bilateral trade amounting to EUR 21.32 billion in 2019. Over 1700 German companies operate in Maharashtra, providing around 400,000 direct and indirect jobs. Maharashtra attracts the most FDI from Germany of any Indian state, receiving around 30% of Germany's FDI inflows to India over the last 20 years. Pune in particular hosts over 190 wholly owned German companies and 175 German joint ventures, making it the largest German business hub in India.

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    Maharashtra-Germany

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    Germany is Maharashtra's 8th largest export partner and 11th largest import partner, with bilateral trade amounting to EUR 21.32 billion in 2019. Over 1700 German companies operate in Maharashtra, providing around 400,000 direct and indirect jobs. Maharashtra attracts the most FDI from Germany of any Indian state, receiving around 30% of Germany's FDI inflows to India over the last 20 years. Pune in particular hosts over 190 wholly owned German companies and 175 German joint ventures, making it the largest German business hub in India.

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    8 views5 pages

    Maharashtra Germany

    Uploaded by

    Payal Kathiawadi
    Germany is Maharashtra's 8th largest export partner and 11th largest import partner, with bilateral trade amounting to EUR 21.32 billion in 2019. Over 1700 German companies operate in Maharashtra, providing around 400,000 direct and indirect jobs. Maharashtra attracts the most FDI from Germany of any Indian state, receiving around 30% of Germany's FDI inflows to India over the last 20 years. Pune in particular hosts over 190 wholly owned German companies and 175 German joint ventures, making it the largest German business hub in India.

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    of 5

    Government of

    Maharashtra

    #MadeForBusiness
    Economic Relations Overview
    Maharashtra is the biggest and the most attractive
    Germany is India’s 8th Largest Export Partner and 11th
    investment destination in India with robust policies, mature
    Largest Import Partner.
    infrastructure and skilled manpower.
    Germany ranks 1st in top 10 trading partners in EU for USD 4K Mn or
    India and 7th in FDI equity inflows. #1 ~30%
    State’s rank in Share of Maharashtra in FDI
    Bilateral Trade amounting to EUR 21.32 Bn in 2019. attracting FDI from Inflows from Germany in the
    Germany in India in last 20 years
    the last 20 years
    More than 1700 German companies in India providing
    around 400,000 direct and indirect jobs.

    All major German auto giants have manufacturing/


    assembly plants in India (BMW, Daimler, Audi, Porsche)
    Maharashtra
    India is the No. 1 destination for offshore German
    software companies. ~20%
    Of German companies
    India has a specialized Fast-Track System for German in India are in Pune
    Companies and MIIM Program since 2015. alone

    Source: Ministry of External Affairs GoI, Indo German Chamber of Commerce Reports, RBI Handbook of Statistics 2020; NITI Aayog State Statistics; DGCIS Database; IBEF
    German Ecosystem in Maharashtra
    INDO GERMAN CHAMBER OF LANGUAGE AND TRAINING
    COMMERCE COURSES
    • Headquartered in Mumbai with over • Goethe-Institute in India which are
    5500 members; it is the largest called Max Mueller Bhavans, carrying
    German chamber office in the world. out language courses.
    • Strategic Roundtable Interactions • Indo-German Training Centres have
    with German Cos, Interactive specialized German business degrees
    Sessions with IGCC members on offerings.
    regular intervals addressing their • 75,000 students have enrolled for
    queries and concerns. German language in Pune in the last
    50 years.

    INDO-GERMAN R&D THRUST


    PUNE - LARGEST GERMAN HUB
    • Indo German Tool Room Training Centres
    • Pune has more than 190 wholly owned
    in 4 cities in Maharashtra which provides
    German companies, 175+ German Joint
    total tooling & training solutions.
    Ventures, 80+ companies that mainly do
    • Siemens and Daimler have existing R&D
    business with Germany.
    Centres in the state.
    German Countries in Maharashtra
    Thank You Government of
    Maharashtra

    Maharashtra Industrial Development Corporation


    Udyog Sarathi, Mahakali caves road,
    Andheri (E), Mumbai – 400 093
    Board Number: 91-22-26870027/52/54/73
    Fax: 91-22-26871587
    Email: ceo@midcindia.org
    Website: www.midcindia.org

    #MadeForBusiness

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