Manoj is the Head of BVMW - The German Association for Small and Medium-sized Businesses. He is also the Director of Kontakt India, which provides a variety of India-Entry and Scale-up support services to German Mittelstand companies allowing them to focus on their core activities. During his career, he has worked in different industries including pharmaceutical, offshore and engineering across multicultural teams in Europe, Middle East, India, Asia-Pacific and the USA. Manoj holds a Bachelor degree in Economics, Finance and Commerce from the M.L. Dahanukar College as well as prestigious accounting certifications from all around the world.
While product piracy is a common phenomenon, it is spreading widely with more and more countries industrializing. B2B platforms and e-commerce are making it easier to sell counterfeit products, and difficult to catch the thieves.
You are a high cost country, your demographic situation is unfavourable and the population (and hence, the market size) is stagnant, more-and-more aged people are dependent upon less-and-less “productive” employees, you have a severe skills shortage in certain important industry segments, your energy- and environment-related costs are among the highest in the world, you are struggling with an influx of refugees from violent geographies, which has made your central government very shaky. Your economy is doomed, right? Wrong!
No, it’s not about football. France holds 7th position in FIFA World ranking, and is likely to climb up substantially by end of the week when the World Cup gets over. India ranks 97th, and there is no competition!
Germany is on the brink of full employment. The number of employed people is likely to rise this year to 44.94 million – an all-time high in the history of the country.
A couple of months ago, Bertelsmann Foundation and Bielefeld University conducted a study of Indians in Germany – their migration behavior, intentions, and effect on German economy and society. The announced purpose of the study was to encourage decision-makers in political, administrative, academics and business sphere to improve the migration experience of highly skilled migrants and students from India.
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