Press Release

Eastern Germany: attractive for Indian IT services

Investor conference in New Delhi

Berlin, New Delhi (gtai) - The German Minister for Economic Affairs and Energy Sigmar Gabriel expressed his support for the digital economy again last week at the high-level IT Summit together with Chancellor Merkel and over 800 other representatives from politics, business, and science.

Mr. Gabriel noted that the Federal Ministry for Economic Affairs and Energy will expend approximately 430 million euros by 2018 on numerous support programs for the branch. He also launched a new “smart service world” technology program which will increase support for intelligent services for Industry 4.0 – the German name for the Internet of Things.

This is good news not only for German companies in the sector but also for international companies looking to invest in the country – especially in eastern Germany.

“Eastern Germany’s research landscape and excellent infrastructure makes the new federal states particularly interesting for Indian investors,” says Peter Alltschekow from Germany Trade & Invest. “India’s high-tech industries fit particularly well with the high-tech business location Eastern Germany.”

Germany Trade & Invest will be holding an exclusive investor conference and executive dinner in New Delhi on Tuesday, October 28 at the Shangri-La’s Eros Hotel and in Jaipur on Thursday, October 30 at the ITC Sheraton Rajputana. Participants will have the opportunity to discover the advantages of investing in eastern Germany. Indian entrepreneurs who have successfully invested in the region will outline their own project successes and flag up strategies allowing other Indian businesses to benefit from the opportunities available in one of the most dynamic regions in Europe’s strongest economy.

  • Register for the event in New Delhi here
  • Register for the event in Jaipur here
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