With India swiftly becoming one of the world’s most attractive markets for business, it is enticing interest from various international corporations. German companies, in particular, have been seeking ways to strengthen their presence in the country.
The technology industry in India has incredible growth potential, and Indians who want to get involved with it will need to forge partnerships with businesses from other countries. Because so many Germans are getting involved with Indian business, it could be highly beneficial for Indians to learn German.
How Many Indian People Speak German?
The most spoken languages in India are Hindi and English, but the number of German speakers is rising. In 2010, there were just over 31,000 learners of the European language, and that figure shot up to 211,000 in 2020. This has been helped by the availability of being able to learn German online, and it correlates with the spread of the internet in the country.
Experts emphasize the importance of having a clear goal for learning German. If there isn’t one, it’s easy for language learners to lose motivation and discontinue their studies.
Many Indians are now finding success in learning German because they know that it could be essential in the future. With more German companies than ever operating on the subcontinent, there’s an apparent reason to practice the vocabulary.
What are the Main German Companies in India?
More than 30 German companies are now operating in India, and this number is set to swell in the years ahead... The most famous is Adidas, which has had offices in the country since 1996. Bajaj Allianz is another huge name in India, and it registers the highest profits in the insurance sector in the country.
The Bayer Group has been in India for more than 100 years, after being set up as Farbenfabriken Bayer and Co. Ltd in Mumbai in 1896. It’s still the most promising market in Asia for the pharmaceutical company, and it employs more than 2800 people in the region.
Germany Outsourcing a Lot of Work to India Companies
As well as German companies moving to India to expand their global networks and take advantage of a flourishing market, many businesses within Germany are outsourcing work to Indian companies.
Germany has an outsourcing potential of $40-50 billion for Indian firms, and businesses often turn to Indian IT companies to take over IT units and captive centers.
Some of the biggest names from India to have struck deals in Germany in recent years include TCS, Infosys, and Wipro. In the sixth last months alone, partnerships between German and Indian companies have exceeded $14 billion.
Germany and India have a strong relationship in the business world, which is only going to get better in the future, as the growing tech industry in India attracts more major players. Learning German isn’t essential for people from India, but it could be highly advantageous. So it’s no surprise that more Indians than ever are studying the language.
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