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Ambassador Dr. Martin Ney speaks at the annual Meeting of IGCC

14.06.2018 - Press release

“The growing Indian market still opens many opportunities for German companies.” With this main message, Ambassador Dr. Martin Ney addressed the assembled members at the annual meeting of the Indo-German Chambers of Commerce.

Despite the recent increase in duty on automotive parts, the Indian government’s determined reform policies instill confidence that the country remains open to foreign investors.

Group photo
Group photo© IGCC

There are also opportunities in India's macroeconomic stability and digitisation that should be exploited.

Simultaneously, Ambassador Dr. Ney requested for patience. "It takes time to build a sustainable and successful business model in India, but it's worth it," he encouraged the companies present.

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