MP Global Investor Summit: When MP Chief Minister Mohan Yadav reached Germany, Ingo Schmitz, CEO of Ingo Schmitz Management Consulting (ISMC) said something that every Indian would be proud of.
India Growth Story: India’s influence is telling on the world. This is the reason why a CEO in Munich, Germany even said that it is wiser to invest in India instead of Germany. The CEO also cited reasons in favor of his opinion. Ingo Schmitz, CEO of Ingo Schmitz Management Consulting (ISMC), said, ‘We have been supporting German and European companies to invest in India for 20 years. India is now adopting a new business model. India is giving approval to do business within a week to 30 days. This has made it easier to invest in India. One of the big advantages of investing in India, especially for Germany, is that we have a shortage of skilled manpower. Therefore, it would be wise to make any kind of investment in India instead of Germany.
#WATCH Munich, Germany: CEO ISMC (Ingo Schmitz Management Consulting) Ingo Schmitz says, “For 20 years we have been supporting German and European companies to invest in India. The new unique business model that India is adopting with regards to approvals within a week, within… pic.twitter.com/GZkT9gJPnX
— ANI (@ANI) November 28, 2024
Actually, Madhya Pradesh Chief Minister Mohan Yadav reached Munich, Germany on Thursday during his foreign stay. The Chief Minister reached Germany after visiting Britain. He also interacted with Dr. Florian Herrmann, Head of the Chancellery of the State of Bavaria in Munich and Minister of the Federal and Media Department. He spoke to the entrepreneurs there in a hotel in Munich through an interactive session on ‘Investment Opportunities in Madhya Pradesh’. Here he said that new dimensions of employment will be established in coordination with Germany and Madhya Pradesh government. There are many work opportunities in Germany, but there is also a linguistic challenge. To overcome this, we are planning to open a Language Institute in Madhya Pradesh, so that language does not become a challenge for employment opportunities and work can be done with linguistic ease with coordination between the officials of Madhya Pradesh and Germany.
Global Investors Summit will be held in Bhopal soon
The Chief Minister said that after this foreign tour, Global Investors Summit will be organized in Bhopal. In this we have also invited representatives and industrialists from Germany. The administrative difficulties faced by both sides in sending officers to each other will be removed. This will help in removing the difficulties coming in the way of trade and business.