Archive for the ‘Press Releases’ Category

Indo-Hamburg Relations: On A Promising Path?

Tuesday, April 19th, 2011

GIRT Hamburg invites Consul General Subashini to share views on India’s ties with Hamburg, on May 2, 2011

Hamburg (19.04.2011): India’s emergence as an increasingly open and growing economy has led to a more active interaction with Germany. The liberalization of India’s economy and the ensuing growth in the bilateral trade has opened new avenues for cooperation not only in the business sector but also in other social and cultural spheres.

The Hanseatic City of Hamburg takes a leading role in Germany’s engagement with India, owing to its ideal match to India’s sunrise industries in the field of maritime economy, civil aviation, logistics, and – not the least – in renewable energies. Hamburg’s trade with India grew by over 100% between 2005 and 2009, and over 10% of Germany’s total trade with India involves Hamburg. On the cultural front, too, Hamburg has taken a pioneering role with its strong India connections and with the regular organization of the “India Week” that has a strong cultural component.

German-Indian Round Table in Hamburg is therefore pleased to host Mrs. M. Subashini, India’s Hon’ble Consul General in Hamburg, to share her perspectives on the strong and growing relations between Hamburg and India and the future course that these relations are expected to take. Mrs. Subashini will also shed light on some new policy measures in India that are relevant for the business community here and especially for the members of GIRT.

The event will take place on May 2, 2011, at 18:30 hours. As a new experiment the event will be hosted in the premises of a member firm of GIRT. After the talk by Mrs. Subashini the participants will have time for a small get-together and networking. Details of the venue will be mailed to the confirmed participants. Participation in this event is possible by invitation. Those interested in receiving an invitation may write to tiwari@tuhh.de by April 27, 2011. We look forward to welcoming an interested and interesting audience!

Since seating capacity is limited we require binding registration and will send the confirmed participants a written affirmation of the registration prior to the event.

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About German-Indian Round Table (GIRT)

The German-Indian Round Table (GIRT) was founded in 2001 and forms a loose federation of businessmen and entrepreneurs with strong ties and interests in India. GIRT is targeting to inform about India and strengthen Indo-German business relations. Members of GIRT support cultural and social activities related to India. German-Indian Round Tables are organised regularly in Aachen, Berlin, Düsseldorf, Frankfurt, Hamburg, Hanover, Leipzig/Halle, Munich, Nuremberg, Stuttgart und New Delhi/Gurgaon. GIRT connects about 3,000 people from the Indo-German business community. The head of the local GIRTs and the speakers work on a non-profit basis. Since February 2010 Dr. Andreas Waldraff from Berlin is the chairman of the GIRT. (Further information: www.girt.de / www.girt.in)

The Hamburg Chapter of GIRT is headed by Mr. Rajnish Tiwari from Hamburg University of Technology (TU Hamburg-Harburg). Mr. Tiwari works there as a Research Associate at the Institute for Technology and Innovation Management and leads the Research Project “Global Innovation” (www.global-innovation.net). He has done extensive research on Indo-German business relations and is a co-initiator of the India Week in Hamburg (www.india-week-hamburg.org).

Press Contact:

Rajnish Tiwari (Phone: +49 (0)40 42878 3776, tiwari@tuhh.de)

Sven Andressen (Phone: +49 (0)421 1617708, sa@indienaktuell.de)

(Download press release, PDF, approx. 170 KB)

Tech Mahindra opens a new development centre in Bonn, Germany

Friday, March 18th, 2011

Delivering end-to-end Telecom solutions closer to customers

Bonn, 10th March, 2011: Tech Mahindra, India’s leading provider of solutions and services to the telecommunications industry and part of the US $ 8.25 Billion, Mahindra Group, announced the inauguration of its development centre in Bonn, Germany. The state-of-the art facility located in Sirius Business Park, encompasses fully-equipped infrastructure to service clients in Germany as well as Central Europe. Tech Mahindra, providing end-to-end telecom solutions to Telcos globally, has an annual turnover of US$ 976.6 Mn, of which, annual turnover of US$ 976.6 Mn, of which, the contribution of Europe is almost 54%. Within Europe, Germany is the largest revenue contributing country after UK, for Tech Mahindra. The company started its operations in Germany more than 10 years back with offices in Munich and Dusseldorf. Through this strategic move Tech Mahindra plans to further leverage its proven capabilities as a transformation partner and provide an array of business and technology, closer to the customer.

Speaking on the occasion, Mr. Rishi Bhatnagar, AVP-Tech Mahindra said, “As a global player and leader in the Telecommunications domain, we are always keen on strengthening our local front-end capabilities in the region. This development centre will intensify Tech Mahindra’s reach, traction and growth plans within Germany, and enable us to transfer value advantage to our customers. Currently, we have three large engagements in Germany, supporting our Telcos with end-to-end development, Managed Services, large scale legacy outsourcing and transformation among others services. For Tech Mahindra, Europe is a critical market with immense potential and growth.”

The company has a global footprint in 25 countries with 126 clients worldwide. This new facility, equipped with world class infrastructure, will focus on building up localized capabilities to serve Tech Mahindra’s European clientele.

About Tech Mahindra

Tech Mahindra is a leading provider of solutions and services to the telecommunications industry, part of the US$ 8.25 Billion Mahindra Group, India. With total revenues of US $ 976.6 million for FY0910, Tech Mahindra serves telecom service providers, telecom equipment manufacturers, and software vendors. Tech Mahindra enables clients to maximize return on IT investment by providing solutions which help the clients achieve shorter time-to-market, reduced total cost of ownership, and high customer satisfaction. Tech Mahindra achieves this through its domain and process expertise, distinctive IT skills, research and development, and proven innovative delivery models. Assessed at SEI-CMMi Level 5, Tech Mahindra is supported by over professionals from across the globe who provide a unique blend of culture, domain expertise and in-depth technology skill-sets.

For more details please contact:
Smriti Dave
Tel. +91 20 6601 8100, Extn.1779
Mobile: +91 9881124858
corporate.communications@techmahindra.com

Source: Company press release

Civil Aviation in India: A Growing Story of Business Opportunities

Tuesday, March 15th, 2011

German-Indian Round Table in Hamburg to discuss the opportunities in India’s civil aviation, on March 21, 2011

Hamburg (14.03.2011): India’s civil aviation has registered impressive growth in previous few years. While the number of domestic passengers, according to official figures, grew 18.7% in 2010, from 43.8 million in 2009 to 52.0 million in 2010, the international passenger traffic to India has increased from 20.2 million in fiscal 2005/06 to 32.1 million in fiscal 2009/10.

India’s domestic airlines have been at the forefront of this development. While they carried a total number of 6.2 million international passengers in 2005/06, this number had nearly doubled to 11.1 million by fiscal 2009/10, increasing their share in the total international traffic in India to 34.4%. Such developments are encouraging India’s airlines to start operating on new domestic and international routes.

The growth effects are however not limited to India’s domestic firms alone. Foreign carriers could increase their international passenger traffic to and from India from 14 million to 21 million between 2005/06 and 2009/10. Similarly, Indian firms have been placing orders abroad for new aircrafts. For instance, in January 2011 one Indian domestic carrier placed an order for 180 Airbuses A320 for a catalogue price of $ 15.6 billion.

German-Indian Round Table in Hamburg has therefore decided to organize an event to discuss issues related to developments in Indian air transportation and is pleased to announce a guest talk on this topic by Ms. Carola Flegler, representing India’s largest privately owned airline Jet Airways in Germany.  The event will take place on Monday, 21st March 2011, at 18:30h in Hotel Baseler Hof (Esplanade 11, 20354 Hamburg).

The meeting takes place in the form of a “Stammtisch”, whereby each participant is expected to consume his or her evening meal at the meeting and pay for own consumption of food and beverages. This is a part of the arrangement with the event venue so that we can generate a minimum turnover for them and ensure that we do not have to charge a participation fee.

Participation in this event is possible by invitation. Those interested in receiving an invitation may write to tiwari@tuhh.de by March 17, 2011.

Since seating capacity is limited we require binding registration and will send the confirmed participants a written affirmation of the registration prior to the event.

About German-Indian Round Table (GIRT)

The German-Indian Round Table (GIRT) was founded in 2001 and forms a loose federation of businessmen and entrepreneurs with strong ties and interests in India. GIRT is targeting to inform about India and strengthen Indo-German business relations. Members of GIRT support cultural and social activities related to India. German-Indian Round Tables are organised regularly in Aachen, Berlin, Düsseldorf, Frankfurt, Hamburg, Hanover, Leipzig/Halle, Munich, Nuremberg, Stuttgart und New Delhi/Gurgaon. GIRT connects about 3,000 people from the Indo-German business community. The head of the local GIRTs and the speakers work on a non-profit basis. Since February 2010 Dr. Andreas Waldraff from Berlin is the chairman of the GIRT. (Further information: www.girt.de / www.girt.in)

The Hamburg Chapter of GIRT is headed by Mr. Rajnish Tiwari from Hamburg University of Technology (TU Hamburg-Harburg). Mr. Tiwari works there as a Research Associate at the Institute for Technology and Innovation Management and leads the Research Project “Global Innovation” (www.global-innovation.net). He has done extensive research on Indo-German business relations and is a co-initiator of the India Week in Hamburg (www.india-week-hamburg.org).

Press Contact:

Rajnish Tiwari (Phone: +49 (0)40 42878 3776, tiwari@tuhh.de)

Sven Andressen (Phone: +49 (0)421 1617708, sa@indienaktuell.de)

Carl Zeiss Meditec Opens Center for Application and Research in Bangalore, India

Tuesday, February 8th, 2011

CARIn (Center of Application & Research in India) focuses on research in the field of ophthalmology

JENA/Germany, 07.02.2011.
Carl Zeiss Meditec has opened its Center for Application and Research (CARIn) in India this weekend. With this move, Carl Zeiss Meditec is strengthening its presence in high growth markets like India and targeting its investments at research and development projects. Carl Zeiss has already been represented with its own sales and service company in the country’s large urban centers since 1997.

Dr. Michael Kaschke, President and CEO of Carl Zeiss AG and responsible for the Asia region on the Executive Board, since 1 January 2011, comments on the opening of CARIn as follows: “Carl Zeiss has been active in India for more than ten years. However, for our company the country is more than a sales market: our customer base, as well as the industrial and research landscapes, have a lot more to offer. Therefore, in India we are investing not only in the expansion of our sales and service network, but also in product and application development. In this process, we are working very closely with our customers and partners in science.”

“Innovations form the foundation of our strategy that makes the latest medical technology available to high growth markets like India,” says Dr. Ludwin Monz, President and CEO of Carl Zeiss Meditec AG. “In the past, we already succeeded in developing products tailored specifically to the needs of doctors in these countries. With our own Center of Application and Research in India and a team of highly motivated staff, we can work even more closely with customers on site and integrate their needs even more effectively into our product developments.”

Research and development activities of CARIn at a glance:

  • Define products for Rapidly Developing Economies (RDE), i.e. growth markets like India or China
  • Develop new products for these markets, in particular software and solutions that enhance workflow efficiency in doctors’ offices and hospitals
  • Develop clinical applications and studies
  • Collaborate closely with medial research institutes, hospitals and universities in India in order to jointly develop medical techniques and solutions

CARIn – Facts and figures
CARIn, the Center of Application & Research in India, is located in the immediate vicinity of the Carl Zeiss sales and service company in Bangalore. The research and development work will initially be focused on systems for use in ophthalmology. Over the long term, however, the R&D activities will be expanded to include the entire product spectrum of Carl Zeiss Meditec. The first employees for the new center have already been recruited. The capacity will be expanded to up to 50 staff in the mid term.

CARin
Image Download (JPG: 2.0 MB)
CARIn, the new Centre of Application and Research of Carl Zeiss Meditec in Bangalore, India

Eva Sesselmann
Group Communications
Carl Zeiss Meditec AG
Phone: +49 3641 220-331
Fax: +49 3641 220-112
E-Mail: press@meditec.zeiss.com

Patrick Kofler
Investor Relations
Carl Zeiss Meditec AG
Phone: +49 3641 220-106
Fax: +49 3641 220-117
E-Mail: investors@meditec.zeiss.com

Number: 0014-2011-ENG OP

Source: http://www.zeiss.de/C1256A770030BCE0/WebViewTopNewsAllE/7D9C54AB8EEA5A51C125783000390A7A?OpenDocument

Why and how to establish an Engineering & Design Business in India? A German Perspective

Tuesday, December 21st, 2010

Hamburg (14.12.2010): India, of late, has seen significant inflows of foreign direct investment (FDI) projects in the areas of engineering and design business. Many firms, for example in the automotive and aerospace businesses, do not rely solely on outsourcing/offshoring of engineering and design work to third-party providers in India, rather preferring to establish own (captive) centres in India to cater to global as well as domestic Indian markets.

A recent study by Department of Scientific and Industrial Research, Government of India, revealed that “the most common reason […] for establishing R&D centres in India was availability of skilled Manpower (75.8%), followed by Proximity to Indian market (67%), existing S&T infrastructure (36.4%) and government’s conducive policies (21.2%)”. On similar lines, the annual Global Services Location Index published by business consultancy A.T. Kearney has been placing India on the forefront of offshoring business. Another study by Booz & Company in 2008 saw India emerging “as the 2nd largest preferred destination for global R&D and innovation with US$ 12.9 billion of R&D investment being poured in India by 184 top R&D companies globally”.

Many German companies, including a number of small and medium-sized enterprises (SMEs), have sought to access India’s perceived strengths in these areas and set up engineering and design facilities to tap into the innovation potential in India. At the same time various newspaper reports and personal experiences narrated by many a foreign manager have suggested massive problems in India which often relate not only to widely known infrastructure problems but also to numerous other aspects such as recruitment of really qualified personnel, extremely high attrition rates, and difficulties in cross-cultural communication even while supposedly speaking the same language, i.e. English.

German-Indian Round Table in Hamburg therefore takes pleasure in announcing an event dedicated to the topic of successfully establishing and managing R&D related business in India. “We are glad to have been able to win over Mr. Karsten Papmeyer, Managing Director of Bremen-based GENSULT GmbH as guest speaker to share his experiences and insights in managing engineering & design subsidiaries in Delhi and Chennai”, says Rajnish Tiwari, Head of GIRT in Hamburg, adding that Mr. Papmeyer has an enormous amount of experience and an inspiringly positive-yet-realistic attitude for opportunities offered by India.

The title of Mr. Papmeyer’s talk would be: “Running an Engineering and Design Business in India: 3 years of experience from a German company’s perspective”. The talk would be held in English and cover the following topics:

  • Reasons for selecting India (and, e.g., not Rumania)
  • Experiences in founding the firm
  • Mastering the cross-cultural challenges in managing the firm and individual projects
  • Recruitment of engineers in India
  • Critical success factors
  • Why and how the German management had to first learn many things afresh, especially to think differently

Additionally, we will take stock of new economic/political developments which possibly have a bearing on Indo-German and/or Indo-Hamburg relations.
The GIRT meeting will take place on Monday, 24th January 2011, at 18:30h in Hotel Baseler Hof (Esplanade 11, 20354 Hamburg) and is in principle open to everyone with interest in Indo-German business relations. The meeting takes place in the form of a “Stammtisch”, whereby each participant is expected to consume his or her evening meal at the meeting and pay for own consumption of food and beverages.

We cordially invite and look forward to welcoming an interested and interesting audience of decision-makers from the Indo-German business spectrum. Registration is possible via e-mail to tiwari@tuhh.de by January 7, 2011. Since seating capacity is limited we will send the confirmed participants a confirmation of the registration.

About German-Indian Round Table (GIRT)

The German-Indian Round Table (GIRT) was founded in 2001 and forms a loose federation of businessmen and entrepreneurs with strong ties and interests in India. GIRT is targeting to inform about India and strengthen Indo-German business relations. Members of GIRT support cultural and social activities related to India. German-Indian Round Tables are organised regularly in Aachen, Berlin, Düsseldorf, Frankfurt, Hamburg, Hanover, Leipzig/Halle, Munich, Nuremberg, Stuttgart und New Delhi/Gurgaon. GIRT connects about 3,000 people from the Indo-German business community. The head of the local GIRTs and the speakers work on a non-profit basis. Since February 2010 Dr. Andreas Waldraff from Berlin is the chairman of the GIRT. (Further information: www.girt.de / www.girt.in)

The Hamburg Chapter of GIRT is headed by Mr. Rajnish Tiwari from Hamburg University of Technology (TU Hamburg-Harburg). Mr. Tiwari works there as a Research Associate at the Institute for Technology and Innovation Management and leads the Research Project “Global Innovation” (www.global-innovation.net). He has done extensive research on Indo-German business relations and is a co-initiator of the India Week in Hamburg (www.india-week-hamburg.org).

Press Contact:

Rajnish Tiwari (Phone: +49 (0)40 42878 3776, tiwari@tuhh.de)
Sven Andressen (Phone: +49 (0)421 1617708, sa@indienaktuell.de