“A country with a future” – lecture by Mike D. Batra at the annual event of BKU and missio in Aachen is presented to you by Dr. Wamser + Batra GmbH, your specialist for Indian business.
India, a country of opposites, on the one hand one emerging economic power, on the other still one developing country. The joint event of the International Catholic Missionary Organization missio and the Federation of Catholic Entrepreneurs (BKU), which was also the BKU's first annual event on the topic "India from two sides”.
In collaboration with missio, the BKU organized an evening of lectures under the heading “India from two sides – Social market economy facing global challenges” to the missio premises in Aachen.
Andree Brüning, chairman of the BKU, was pleased that “we are uniting around this exciting topic real India experts were able to win.” Too Mike D Batra, co-founder and managing director of Dr. Wamser + Batra GmbH, who has worked with his company for many years as a consultant and interim manager for German companies in India works, he has been in contact for a long time. Already in 2009 Dr. Wamser + Batra GmbH as well as a Delegation from Company from the different clusters (Mechanical engineering, automotive, information technology, etc.) as well as political and scientific representatives the Aachen region to India guided.
India is attracting more and more German companies to its growing market subcontinentwho want to get involved there long-term,” explained Mike D Batra, self-employed entrepreneur with Indian roots. Was India Previously mainly of interest to large entrepreneurs, the number of German medium-sized companies is now also growing India steadily. Batra pointed out in his lecture that z. B. the Automobile- and Mobile industry in India experience a strong upswing.
In contrast, there are 600 million people who depend on agriculture, which in turn is shaped by the monsoon, which has become unpredictable due to climate change. There are huge contrasts in income, between 200 and 400 million Inder live below the poverty line, depending on the definition. A big problem is education. Although there is compulsory schooling for five years, poorer families in particular often keep their children at home because they have to work. Batra showed where Indian as well as foreign companies, including Volkswagen and Allianz, also got involved socially. But more needs to be done here, including from the government: “There is still a great need, especially in education, and more investment must be made in rural regions.”
With 1,2 billion inhabitants India to China the most populous country in the world. While birth rates in Western countries are declining, growing India steadily. More than half of the indian Population under 25 years old. “India has enormous growth potential, but this is associated with risks,” says Batra. He and Margarethe Roßkopf from missio pointed out the problems in health care. See another problem Batra especially in infrastructure. Although there is a reform process here too, it sometimes stalls and usually fails due to implementation. In order to do justice to the emerging economy, it is necessary, for example, to invest in the expansion of transport structures. This includes, in particular, the further and rapid modernization and construction of new airports, ports, rail networks and motorways.
Overall, the prospects are not bad for India, but consistently higher economic growth would be necessary to effectively combat poverty. “India "It will still take some time in this regard - perhaps more than we often read in the media - but we are certainly on the right track," says Mike D Batra.
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“A country with a future” – lecture by Mike D. Batra at the annual event of BKU and missio in Aachen is presented to you by Dr. Wamser + Batra GmbH, your specialist for Indian business.
