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Indo-German Business Talk Header 1266-321

Frankfurt am Main, 29.04.2022 12:00:00

On 26 April, the Indo-German Centre for Business Excellence launched its new online format, the Indo-German Business Talk focusing on current business affairs affecting India and Germany. The Talk will take place in regular intervals and consists of a live webinar followed by a discussion.

The inaugural Talk addressed entrepreneurship in Germany and India and featured experts Arie Ben Josef, Ruzica Pekic, and Ramakrishna Velamuri, who talked with moderator Matthias Catón.

Entrepreneurship is thriving in Germany and India, with startup ecosystems growing rapidly and attracting talent and funding from around the world. In Germany, many incubators and accelerators have helped foster a supportive environment for startups, while major corporations like Siemens and Volkswagen invest in innovative new companies. India's startup scene is booming, thanks to a young population and growing access to capital, with startups attracting attention from prominent investors like SoftBank and Alibaba.

Despite their different backgrounds, Germany and India have much in common regarding entrepreneurship. Both are home to many engineers, and both have strong traditions of manufacturing and engineering. In addition, both countries are seeing a surge in digital innovation, with startups developing new products and services in fields like e-commerce, fintech, and healthcare.

The panelists agreed that frameworks, such as a country's bureaucracy, tax system, and legal requirements matter much less for the success of a startup than the network of the entrepreneur. Founders are rarely successful without in-depth knowledge of the ecosystem in which they operate.

After the panel discussion, the speakers and audience engaged in a lively conversation on Clubhouse.