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German firms show confidence in India's economic future
IBEF: December 01, 2008
 

New Delhi: In spite of the global financial crisis, companies from developed economies such as Germany have shown confidence in India's economic future and are interested in growing their business in the country, as per a survey in Deutsch business magazine Wirtschafts Woche. Further, one in every three survey respondent predicted new momentum in the country's economic growth.

Showing faith in India's robust future, around 94 per cent German companies plan to increase their businesses with the subcontinent, the survey stated. The German firms, already doing business in India, are also convinced that the subcontinent will continue to improve as a business location.

The survey also showed that majority of the companies hoped for even better infrastructure in the country. Most of the firms voted the air travel and communications as satisfactory.

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Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
 


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