The transformation of supply chains is in full swing. As in many other areas, an awareness of sustainability and social responsibility, corporate social responsibility, is developing. Modern logistics, which has evolved over the past decades and become
We spoke to Simona Jadronova about the changing nature of supply chains in India. She is Vice Director of INTORQ India Pvt. Ltd, a company that provides reliable brake and clutch solutions globally. The Covid 19 pandemic has shown that we all -.
Our colleagues in India have good news: the situation is easing considerably. Even if the lockdown is not yet over in many places, there are first relaxations. In Delhi, for example, offices with a capacity of 50 % can be occupied again.
The second wave of the Covid 19 pandemic has hit India particularly hard. We listen with shock to the reports of our colleagues from the major Indian cities and follow the weekly development of events. But even more devastating are the effects in the country's rural areas.
A large proportion of European companies fall well short of the sales targets they have set themselves in India. This has not only been the case since "Corona", but is a chronic phenomenon. Contrary to popular belief, however, product (functional scope) and price (keyword: price sensitivity) play only a subordinate role.
More and more companies want to/must make their supply chains more resilient and are therefore now looking around for new or additional suppliers in India. In recent months, we have been approached by a wide variety of companies with this question in mind - including those that are based in
In the current WB Business Climate Index India, just under half of all 107 India managers surveyed report that they are being forced to cut costs in India as a result of the Corona-related sales losses. Due to the geographical distance (and lack of transparency), however, they have problems making an objective assessment of their cost savings.
Like many other companies, Zahoransky Pvt. Ltd. had to temporarily close its plant in Coimbatore (Tamil Nadu/India) during the lockdown from March to May. Even with a special permit, operations were initially limited. The management decided to use the imposed shutdown for the further qualification of their workforce.
Current business situation and outlook The Indian economy has been severely damaged by Covid-19 and the lockdown. The IMF forecasts negative growth of minus 10.3 percent for India. Our export sector is also suffering due to this. According to the Business Climate Index India, 43 per cent of the medium-sized
Invitation to the Virtual Expert Panel, on Wednesday, December 2, 2020, 11:00 to 12:15 CET According to the Business Climate Index India, 58 percent of medium-sized companies from Germany, Austria and Switzerland report (sometimes drastic) declines in sales in India since
Flat or unclear hierarchies are unusual in India and can sometimes lead to blatant compliance violations, as Stephan Link reported at the WB India Summit: https://youtu.be/mK4rDBNAIfQ Recording & analysing local processes To identify any problems in information flows, processes (quality, cost structures) and structures
Due to the current economic conditions, outstanding payments in India are often delayed by several months. The Reserve Bank of India already advised banks in the spring not to consider their customers as defaulters if they are late in making payments. As a result, many companies in the
From our discussions with customers and current empirical surveys, we know that since the outbreak of the Corona crisis, almost 60 percent of German companies in India have had to contend with falling sales figures. Every second company already sees itself forced to work the Indian market with less resources (personnel). Every third subsidiary is currently actively
It actually has nothing to do with the current situation surrounding Covid-19. But what Volker Klosowski, our Senior Expert for Certification and Pandemic and Hygiene Concepts, reported at the WB India Summit is symptomatic of the behavior of Indian organizations. https://www.youtube.com/watch?v=enQp7utChXk Staging
During the WB India Summit, Berthold Schuler (Managing Director, MT Derm Medical Products Pvt. Ltd., Chennai) reported on the roller coaster ride of his company during and after the lockdown in India and how the German world market leader for apparative cosmetics in the area of
India is now the fifth largest automotive market (passenger cars) in the world. Additionally, India ranks seventh as a manufacturer of commercial vehicles and has long been the global number one in motorized two-wheelers. In total, nearly 30 million vehicles (cars, trucks,
It is not only the Indian government and industry that want to become greener. According to Mohan Murti (Director Europe, Reliance Industries), today it is the people of India who want the change when it comes to tackling pollution. https://youtu.be/rKo2bNB53rQ This huge domestic demand
We all entered new territory this spring. Because Covid-19 has changed a lot of things in business life: for example, how we work together in and between companies or how we develop solutions for our customers' requirements. But this requires creativity and
As part of the WB India Summit 2020, we discussed the current situation and the challenges on the ground with five selected sales experts for India. Despite all the bad news of declining sales and negative economic development in the (former!?) growth market, the representatives in the sales panel drew
Johannes Wamser was asked for an interview by Paul & Jan to share his personal India story. Of course, the interview also covers the economy, jobs and Covid-19. Enjoy the podcast from übermotiviert. https://open.spotify.com/episode/74ewhGipFDivGHPSmWferd
At the WB India Summit, we discussed how to best support Indian subsidiaries in mastering the current challenges. Volker Klosowski, expert for certification as well as pandemic and hygiene concepts, recommends the responsible managers at the head office to have the most intensive contact possible with
Covid-19 remains the dominant issue in India. But despite the 4.2 million cases now registered and around 90,000 new infections per day, the focus is gradually shifting from the health impact to the economic impact. Because, as Mathias Peer,
Germany Trade & Invest (GTAI), Germany's foreign trade and inward investment agency, has compiled a range of practical information from India for all participants in the WB India Summit and published it here. The information from Germany Trade & Invest
is India still attractive as an investment & manufacturing location in the current economic environment? Or will India even benefit in the medium term and be able to gain global production capacities from China? In addition to Industry 4.0 and the production of electricity from renewable energies for industrial companies, these are questions that we would like to discuss with you.
This wisdom applies even more than usual in India now. Because many Indian subsidiaries are suffering from the corona crisis, so that process cost optimization and liquidity planning, for example, are of great importance. Therefore, we would like to discuss with you at the 1st WB India Summit - on