De-risking China: Raising potential for European mechanical engineering in India
The positive development in business in India over the years has generated increased interest in mechanical engineering to take a closer look at this market. Especially in the context of creating additional business potential and alternatives to reduce dependence on China.
Resilience and diversification are the buzzwords of the moment. This working group not only deals with avoiding risks in business with China, but also highlights the potential and growth opportunities in India.
Examples of companies from VDMA membership complement the analysis section in a practical way and provide information or suggestions for an adequate approach to developing this market.