Auch Mercedes, BMW and even Porsche announced significantly expand their commitment in India. The economic crisis has also positive Aspects; so, India has become significantly cheaper in the last few months. In particular the real estate costs have moved significantly even in the mega cities of Mumbai and Delhi in recent months down. Here, the end of the bubble is clear. India presents itself robust and above all confident despite the economic crisis. So because even the Indian Prime Minister Manmohan Singh at the g 20 Summit made it clear early April: the demand on the domestic market remains strong. If we must have some fear, then only against growing protectionism in the United States and Europe”.
Support he learns by international economic analysts noted how the American Newsweek in early April: the worst global recession in 70 years is in fact not global. It is shrinking the richest economies, but only slowing the emerging giants. This year GDP is expected to contract in the U.S. and Europe, while continuing to expand in China and India. People such as Leslie Moonves would likely agree. The grim consumer outlook that’s taken hold in the West is so largely absent in Asia.
In China and India, sales of cars, white goods and many other types of consumer products are still rising”. The Indian spirit of optimism”still persists, the Indians have simply not infected by the generally negative mood. As well as it was in the 1950s and 1960s, was years in Germany the case, has the strong will and determination, the current generation of 20 to 40 year old Indian is in closer to the Western level when it comes to wealth and consumer spending. What that means for the German industry? The business Outlook is still positive in India. Ultimately, India can be even of strategic importance for German companies, because sales in traditional markets can be compensated at least partly back through India. Especially German technology leader and niche Kings”should deal today with India. Because who long to wait, missed the chances that India offers today, including the use of the current cost advantage. Also there is no better maybe also in the German parent company actually Time, as now edit strategic tasks in the crisis. “In recent years, we have again seen in the-mer, that companies that were already on the edge of your resources and capacities, time in the fast pass” gone after India a good preparation is it often remained on the track. The motto was often “It will be fine”, the consequences were often fatal. Because after many companies already the “point of no return” had exceeded, she had to determine that the joint venture decided within a few weeks in practice but didn’t work, the Indian trade officials could not meet the full-bodied promises, the Indian business partner does not meet the requirements, the adjusted Indian business leader put a dubious expense behavior on the day or quite simply that it had misjudged the market due to the inflated forecasts of renowned economic newspapers. More so it makes sense that the current slowdown”to use, maybe also because It has quite a bit more peace and quiet and without haste and with due diligence the future installation in India can deal with. Long-term German companies are must be committed to already increasing in India, because for the subcontinent has become now simply much too important in the next decade left him to leave.