1,000 more German cos to open shop in India

 
“I am sure, in next five years 1,000 more companies from Germany and may be 200 from our state would be interested in investing in India,” Guenther H Oettinger, the Minister- President of State of Baden-Wuerttemberg (Germany) said here.

About 1,800 German firms, including Porsche, Siemens, BMW, Voith and Audi have already invested in India which is being seen as the potential German manufacturing hub for the Asian market. Indian industry and workers match the quality of Europe’s and North America’s, he said. 

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