Indian firms lead the pack of emerging market investors in Germany, with about 188 subsidiaries providing employment to close to 23,500 people. This article provides an update on trends in Indian investment in Germany and examines the performance of Indian subsidiaries.

Germany, in recent years, has advanced to a major focal point for Indian multinational enterprises (MNEs). Between 2000 and 2007, 84 greenfield Indian investments in Germany were monitored. Additionally, Indian MNEs were involved in at least 55 mergers & acquisitions (M&A) deals in Germany...