On August 8, 2025, Ankur Munjal, Country Director of Dezan Shira & Associates, India, along with Umair Haque and Naina Bhardwaj, met with Mr. Hans-Jörg Hörtnagl, Trade Commissioner of Austria in India, in New Delhi. The meeting took place in the context of recent high-level diplomatic exchanges, underscoring the strengthening strategic and economic partnership between India and Austria.
During the insightful interaction, the Dezan Shira & Associates team identified key sectors of interest for Austrian firms, including digital technologies, infrastructure, renewable energy, and automotive. Trade Commissioner Hörtnagl emphasized India’s strong macroeconomic fundamentals and reforms that position it as a leading FDI destination. He highlighted opportunities for Austrian startups and tech firms within India’s innovation ecosystem and advanced manufacturing, while also noting the country’s emergence as a prominent Global Capability Centers (GCCs) hub.
Addressing key considerations for entering the Indian market, Ankur noted, “India offers significant opportunities, but Austrian companies must understand its evolving regulatory environment, choose the right entry strategy, and prepare for compliance obligations such as BIS certification, which has become increasingly stringent recently.
Advantage Austria commended Dezan Shira & Associates for their comprehensive publications, regulatory updates, and the “Doing Business in India” guides, acknowledging the firm’s crucial role in assisting companies to establish and expand their operations in India.
If you are looking to explore investment opportunities, understand BIS certification requirements, or establish operations in India, please contact Ankur at ankur.munjal@dezshira.com or india@dezshira.com.
Dezan Shira & Associates’ Presence in India
With offices in Delhi NCR, Mumbai, and Bangalore, as well as associates in all other major cities, Dezan Shira Consultancy Services Private Limited offers robust compliance services and growth solutions to complex businesses entering India.
Our services in India include structuring & incorporation, tax & regulatory registration & compliance, due diligence, intellectual property & brand protection, business & tax advisory, HR administration, payroll management, and bookkeeping & accounting. Our legal & business advisory services include contract reviews, financial reviews, and CXO assistance services.
Should you have any questions or queries about investing or doing business in India, you can get in touch with our team in India here.
Further Resources
To learn more about the growing opportunities in India’s business environment, please visit our Doing Business in India Online Portal and India Briefing, where you can find resources such as:
- An Introduction to Doing Business in India 2025 [Guide]
- India’s Mandatory BIS Certification in 2025: Compliance Essentials for Businesses [Webinar]
- Guide to BIS Certification for Foreign Manufacturers [Article]
- Establishing Global Capability Centers (GCCs) in India in 2025: Strategic Roadmap for Global Businesses [Webinar]
- India’s Global Capability Centers Market: Outlook to 2030 [Article]
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