Business opportunities in Bavaria
As a globally active market, Bavaria is home not only to global players such as Adidas, Allianz, Audi, BMW, MTU Aero Engines, MAN and Siemens, but also to a strong basis of small and medium-sized businesses in industry, trades and the service sector. Investors thus encounter a broad spectrum of competitive suppliers, potential customers and cooperation partners. With India’s strength in the ICT services sector in mind, Bavaria offers the best prerequisites for the right environment for a market entry in Germany: 40 per cent of German IT companies are based in Bavaria. The spectrum of ICT companies in Bavaria is large. International corporations are just as much at home here as small and medium-sized companies and exciting start-ups in the sector, which includes service, development and sales in the software and hardware fields, microelectronics and telecommunications, embedded software and software-based processes.
In a 2015 study by the European Commission, Munich was nominated as the top ICT location in Europe ahead of London and Paris.