Invest In North Rhine-Westphalia (Germany)

Looking for potential business expansion in Germany?

This is the right place where you will get all the details about North Rhine-Westphalia Region in Germany

North Rhine-Westphalia:

North Rhine-Westphalia

• North Rhine-Westphalia (commonly shortened to NRW) is a state of Germany located in a western area covering an area of 34,084 square kilometers

• With a population of 17.9 million NRW is the most populous state of Germany and the 4th largest by area

• The history of the Federal Republic of Germany is incomplete without North Rhine-Westphalia and same goes for the history of Europe, as a state in the European heartland, NRW fully embrace the idea of a united Europe of free people.

• On an international scale, NRW is amongst the strongest economies, thanks to innovating enterprises and a broad-based small and medium business sector.

 

India-NRW Relations-

  • Indian companies in Germany employ nearly 24,000 people, most of whom are German nationals, thereby adding to the job opportunities in German
  • NRW is the Strongest Business Location For Major Indian Companies Among Other German States
  • North-Rhine Westphalia (NRW) Is One Of The Most Important Trading Partners Of India Among The 16 German States With Around 50 % Of Their Branches Located In Düsseldorf And Cologn
  • The Investment promotion agency of NRW, ‘NRW Invest’, maintains an office in Pune.
  • NRW sends large trade delegations to India under the motto “NRW goes to India”
  • A Large Amount Indian Students Pursue Their Higher Education in NRW in Universities such as   Technical University in Aachen, Rheinische Friedrich-Wilhelms University of Bonn, University of Duisburg-Essen, etc

Insights of NRW-

Insights of North Rhine-Westphalia

 

Gateway of Europe-

  • NRW is the perfect gateway of Europe with a widespread logistics network connecting other European Nations
  • 2 major international airports as well as 4 other airports with European connections
  • More than 2,200+ kilometers of motorways connect every important location in NRW via its own access and exit directly to the European trunk road system
  • Rail network of around 6,000+ kilometers

Dense Research Network-

  • The promotion of new ideas and young researchers is in the center of attention in NRW
  • 70 Universities, including 2 elite universities, 10 excellent clusters and 5 graduate schools, provide top-level research and teaching in NRW
  • Over 60 technology and incubators promote innovative start-ups, spin-offs and the establishment of high-tech companies

One of the Best Talent Forges in Europe-

  • Highly Qualified Academics and Skilled Workers makes NRW Germany’s Number One Talent Factory
  • Home to 70 universities and colleges, where over 772,000 students learn for a successful future career
  • 14 public universities, 16 public law colleges, 7 state art, and music colleges, 30 recognized private and church universities

Unrivaled Quality of Life-

  • Event and shopping facilities in Düsseldorf, Cologne and the Ruhr Metropolis attracts guests from all over the world
  • Over 50,000 kilometers of marked trails for Hikers, more than 100 lakes for Water Sports and 12 natural parks with about 13,000 square kilometers
  • 5,100 football clubs in NRW with around 1.5 million members in 38,000 teams

Reasons To Choose NRW-

Reasons To Choose North Rhine-Westphalia

Dynamic Business Location

  • NRW generates more than one-fifth of the total German Gross Domestic Product with GDP of around € 705 billion
  • North Rhine-Westphalia generates 4.5% of European GDP which makes NRW one of the most important economic regions in Europe
  • Huge market potential with a purchasing power of 3,587,277 million euros

Germany’s Industrial Core Region

  • North Rhine-Westphalia’s industrial turnover was just under 358 billion euros which correspond to 18.4% of German industry turnover
  • 24.8% of all persons working in Germany in business-related services wok in North Rhine-Westphalian
  • With the Ruhr Metropolis being the core area, NRW is Europe’s strongest industrial region

Home To World Market Leaders

  • 20 of the 50 top-selling German companies are in NRW which includes global players such as Bayer, Bertelsmann, Deutsche Post DHL, etc
  • In NRW, there are around 712,100 small and medium-sized enterprises (SMEs) which make NRW the economic backbone of the country
  • The special mix of SMEs and large corporations make NRW the strongest industrial region in Europe and an ideal business location for producers and suppliers

Digital Innovation Hub

  • Around 80,000 students study in the fields of electrical engineering/information and digital technology in NRW – an outstanding digital talent pool
  • North Rhine-Westphalian economy is making huge strides towards digitalization as the location offers countless customers and cooperation partners for digital technologies
  • With sales at around 103 billion euros, the NRW companies generate around one-third of all German sales in the digital field

World-Class Logistics Expertise

  • In NRW, around 24,000 logistics companies with 348,500 employees generate around 68.0 billion euros annually
  • 9 of the top 25 largest logistics companies in Germany have their headquarters in NRW, including Deutsche Post DHL, Rhenus and UPS Germany
  • More than 160 companies and 12 research institutes are developing important technologies for the logistics of the future

Germany’s No. 1 Investment Location

  • Around 20,000 foreign companies have already established their business in NRW and control their German or European activities from here
  • 26.1% of all foreign direct investment (FDI) in Germany comes from NRW
  • NRW currently has a portfolio of 145.2 billion euros which makes NRW by far the most important location for direct investment

VARIOUS SECTORS YOU CAN TARGET IN NRW: 

NRW offers various sectors for investors around the world

Sectors in North Rhine-Westphalia

Various Sectors You Can Target In NRW:

  • Automobile
  • Biotechnology
  • Digital Economy
  • Energy
  • Health
  • Information & Communication Technologies
  • Logistics
  • Tourism
  • And Many More…

DID YOU KNOW? 

  • NRW has Presence Of Around 20,000 Foreign Companies
  • Around 1,300 Vacant Industrial And Commercial Sites
  • Most Densely Populated Of The 16 Federal States Of Germany
  • Number 1 In The “Human Capital And Lifestyle” Category
  • With 705 Billion Euros, NRW Generates 20.8% Of German GDP
  • Germany’s Number 1 Economic Region
  • Every 4th German World Market Leader Comes From NRW.

The Future Looks Promising- 

Showing strength and determination to grow as a state and to prosper Germany’s economy, NRW has achieved a lot over the last decade

Also, with various opportunities and advantages future for business expansion in North Rhine-Westphalian looks bright!

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