Latest Mittelstand News & Updates

New Delhi, May 21 (IANS) Germany risks repeating the United States’ early‑2000s deindustrialisation if it continues to admire China’s export success, a report has said and warned Europe’s largest economy about a sharp rise in bilateral trade imbalances and targeted Chinese industrial policies.“Germany remains hesitant, even as China has already eaten much of German industry’s lunch and is preparing to start on dinner,” the Brussels-based think tank Centre for European Reform (CER) sa…

New Delhi, April 22 (IANS) Defence Minister Rajnath Singh has stressed that India, under the visionary leadership of Prime Minister Narendra Modi, is witnessing an unprecedented transformation in the defence sector, and increased partnerships with the German industry can yield significant mutual gains.Making a strong pitch for enhanced collaborations between the defence industrial ecosystems of India and Germany, Defence Minister said that ‘Aatmanirbhar Bharat’ is not merely a procurement pr…