“India, Germany may witness more deals over next two years – analysis”

“Over the next two years, the deal flow between India and Germany, both inbound and outbound, is likely to increase manifold with the availability of distressed targets in Germany and the Indian government opening up such sectors as retail to foreigners, according to German and Indian bankers.”

This says a report in mergermarket, which is a part of the Financial Times Group. The report written by Sounak Mitra & Sarah Syed quotes several other studies and field experts to stress the points. The report also quotes the research carried out at Instituute for Technology and Innovation Management at Hamburg University of Technology (TUHH).

[…] According to Rajnish Tiwari, a research associate at the Institute for Technology and Innovation Management at Hamburg University of Technology, between March 2001 and March 2010, India’s outward foreign direct investment (FDI) stock increased to USD 77.6bn from USD 2.6bn. The stock of Indian FDI in Germany was estimated at about EUR 4.125bn as of mid-August 2010.

Some 12 FDI projects could be monitored between January 2009 and mid-August 2010 with an estimated volume of about USD 125m. Six projects were greenfield while others involved buys.

According to Tiwari’s data, there were 134 India-based multinational companies and their 190 subsidiaries active in Germany as of August 2010. Of the 134 companies, ICT and consulting comprised 49%, automotive and parts made up 14%, pharmaceuticals were 11%, manufacturing consisted of 10%, 4% textiles, 4% travel and logistics, 2% banking and finance, and 6% others.

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