Karnataka’s Investment Summit: A Strategic Economic Dialogue in MunichOn Thursday, 5th December 2024, Munich transformed into a crucible of international economic collaboration as the Government of Karnataka, alongside the Consulate General of India and EAC International Consulting, orchestrated an unprecedented „Investment Summit Business Roundtable“ that promised to redefine bilateral economic engagement between India and Germany.The event was distinguished by two pivotal presentations that wove a comprehensive narrative of investment potential, delivered by Mrs. Daniela Bartscher-Herold, Partner and Mr. Rituraj Shailendra, Principal at EAC International Consulting. Mrs. Bartscher-Herold’s „India Macroeconomic Update“ provided a panoramic view of India’s investment landscape. Her presentation …
The Indian Semiconductor Industry at the Cusp of Inflection
The Indian Semiconductor Industry at the Cusp of InflectionThe semiconductor industry faces significant challenges, including supply chain disruptions, localized talent shortages, and the constant technological demand for smaller chips. Despite these obstacles, in 2023 the industry generated a substantial 500 bln EUR in revenue. While this represents a 9% decrease from 2022, a strong recovery is underway and forecasting revenue to exceed 1.2 trln EUR by 2030. This growth will be primarily driven by the automobile, computing, and data storage sectors, which are expected to account for over 70% of semiconductor demand. Semiconductors are a vital cog in our day-to-day …
Challenges within the German Automotive Network
Challenges within the German Automotive NetworkThe German automotive industry, renowned for its precision engineering and collaborative spirit between manufacturers and suppliers, is facing a tumultuous period marked by rising tensions between the major automakers and their suppliers. The strained relationship has led to significant disruptions and financial losses. The situation underscores broader challenges within the industry, including heightened cost pressures, increasing complexity of vehicle components, and shifting market dynamics.At the heart of the issue lies a breakdown in the traditionally close-knit partnership between the major automakers and their suppliers. Instances of faulty or delayed components, ranging from brakes to batteries, …