Armin Bruck, managing director of Siemens Ltd has been elected as the President of Indo-German Chamber of Commerce (IGCC) for 2013-14.
Bruck called upon German companies in India to increase collaboration upon assuming the new post.
“India has all the vital factors that can make it a global manufacturing and innovation hub. Together with a growing educated middle-class, regular inflow of qualified engineering talent and a steadily growing industrial landscape, India’s domestic market provides the perfect launching pad for innovation,'' he said.