German Businesses in India Say Bureaucratic Hurdles Worsening
Work in Mumbai.
Photographer: Indranil Aditya/BloombergThis article is for subscribers only.
More German companies cited bureaucratic hurdles in India as a problem to doing business in the country this year than in 2023, an issue that will likely feature in talks when Chancellor Olaf Scholz visits the South Asian nation later this year.
Some 64% of German businesses listed bureaucratic hurdles — such as protectionist measures and procurement rules — as the biggest drawback to operating in the country, up from 53% last year, according to a new survey from the Indo-German Chamber of Commerce. Corruption was the second-biggest problem, cited by 39% of businesses, down from 47% last year, the report released Friday showed.