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Indo-German Joint Ventures – The Search for the Right Partner

Why venture jointly? Up to 70% of the joint ventures fail. And yet, why do we continue to go for forming a joint venture? German Mittelstand companies (Medium-sized enterprises, primarily industrial, manufacturing) had been dominant in their local market. Though they...

Severe shortage of skilled labour in Germany

Germany is on the brink of full employment. The number of employed people is likely to rise this year to 44.94 million – an all-time high in the history of the country. This triumphant achievement is not obvious for Germany – a high labour-cost country –where unions...