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German firms more pessimistic about India than 6 months back, says VDMA survey
2019 was not necessarily the best year for the mechanical engineering sector in India. Many German companies were hoping for a better year in 2020, but COVID 19 pandemic shattered all such hopes.Read more
Brexit will hit SMEs particularly hard, says VDMA
The withdrawal of the UK from the EU will create new barriers to trade. VDMA is in favour of a customs union with the UK to keep the impact as low as possible.Read more
The triad in mechanical engineering
Under the motto ‘Humans - Machine – Progress’, VDMA (German Engineering Federation), which celebrated its 125th anniversary in 2017, addresses important challenges for mankind and the importance of machine and plant construction as a solution provider, says Rajesh Nath.Read more