Bavarian Economic Area

 

Location Bavaria


The Free State of Bavaria (the largest of Germany’s 16 federal states) with more than 12 million inhabitants is among Europe’s most powerful economic regions.

Bavaria’s economy is highly diversified. Global players such as Allianz, Audi, Adidas, BMW, MAN, Puma or Siemens are headquartered in Bavaria. In addition, a very broad range of highly innovative small and medium sized enterprises are located in Bavaria as well as many hidden champions.

The Bavarian GDP exceeds 19 of the 28 EU member countries, even those of Austria, Belgium, Denmark or Sweden.


Economic Key Indicators of Bavaria in relation to other Economies

(2012, Invest in Bavaria)

 

 

Bavaria

Germany

UK

EU

USA

Population (in Millions)

12,52

81,8

63,0

503,7

313,9

GDP (in Billions)

450,1

2.556,5

17.52,4

12.903,1

12.129,3

GDP per Capita (EU = 100)

141

120

109

100

148

Growth (2002 - 12)

18,1

12,6

14,5

12,5

17,8

 

Links for further information about the Bavarian Economy (in German)

 

 

Indo-Bavarian trade relations


The trade relations between Bavaria and India have gained momentum especially since 2003 and have been growing steadily since then. Currently more than 60 Indian companies have already invested in Bavaria.

Moreover, Bavaria and the Indian state of Karnataka have signed a cooperation agreement in 2006 in order to further deepen the bilateral economic and political activities.

The Bavarian-Indian Centre supports the positive development with its service. Among general information on market conditions in the respective partner country BayIND also carries out tailor-made research specific to the company’s questioning.

 

February - 2018
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BayIND on the FPP Education Fair

Consultations about studying in Bavaria in Bangalore, Delhi and Mumbai

EU - India dialogue on Smart Cities: Sustainable Urbanisation

13th and 14th October in Bangalore

DWIH Waterscapes Symposium

5th - 6th October at India Habitat Centre, New Delhi

TIA Summit on Smart Cities on 21st and 22nd September

BayIND as strategic partner