WB Expansion in Europe: A New Location on the Iberian Peninsula
We at WB are starting the new year 2024 full of energy with the opening of a new location of the Dr. Wamser + Batra Group in Spain, not far from the metropolis of Málaga. This means that Spanish and Portuguese companies can now also be supported directly on site in their expansion to and in India.
Málaga, a strategically sensible location
Málaga in Andalusia is an important hub in the south of Spain, with excellent connections to the capital Madrid (approx. 2:30 hours by high-speed train), to important industrial locations such as Murcia, Valencia and Seville, as well as to neighboring Portugal. In addition to a large port, the city has one of the most important airports in the country, with over 20 million passengers a year and direct connections to the US and the Gulf States, among others.
Andalusia is the most populous autonomous community in Spain and offers the best conditions for renewable energies in particular. For example, it is home to Europe’s largest solar power plant and huge wind farms, which generate around half of Spain’s wind energy. In addition to the energy industry and information and communication technology (ICT), Andalusia’s economic focus is on the manufacturing industry. This primarily includes metal processing, chemicals, aerospace, rail technology, and automotive.
These key industries in the province of Andalusia and Spain as a whole are also of great importance for and in India, meaning that further growth in trade and direct investment by Spanish companies in India can be expected in the future. With regard to India, Málaga is also historically one of the most important locations for the Indian community on the Iberian Peninsula, which settled there in a strategic location, particularly for trade with Africa.
Establishing the Indian market for Spanish & Portuguese companies
For several years now, WB has been supporting Spanish clients with their market entry and expansion in India, such as the listed group APPLUS+, which is based in Barcelona and operates in the automotive industry.
APPLUS+ is not only known to every Spanish motorist through its ITV test centers (such as TÜV or DEKRA in Germany). In India, WB was responsible for the establishment of an Indian subsidiary and subsequently for the administration (accounting, taxes, payroll, corporate law) of the company and also provided the local resident director.
In the second half of 2023, APPLUS+ achieved a breakthrough in the Indian market with an order for several automated testing stations (ATS) in Assam. Click here for more information.
WB is a contact partner for European companies in India
In addition to our representative offices in Austria, Switzerland, Netherlands, and the US, we are now also pleased to be able to support companies and cooperation partners directly on-site in Spain and Portugal.
In India, WB is a member of the Indo-Spanish Chamber of Commerce (ISCC), where Karl Freedman last spoke to members in New Delhi in November 2023 about the opportunities and challenges of economic relations between Spain and India.
From market entry in a wide variety of (corporate) forms, to sales, production, personnel or administration, to risk & crisis management, turnaround or interim management or the India exit: As a sparring partner for an all-round view, we jointly develop strategies to master projects effectively and sustainably.