A 600% increase in unfilled vacancies in Germany – this is what the BMWK predicts for the period from 2023 to 2030: 5 million vacancies due to the baby boomer generation increasingly retiring while the birth rate decreases.
This clearly means that Germany will heavily rely on immigration to secure its labour force in the long term. By 2060, one third of the German labour force will be made up of former migrants.
Where does enormous potential for highly qualified specialists lie dormant? In India, undoubtedly! 59% of Indian specialists living in Germany are employed in expert roles. The particularly strong partnership with Germany would also facilitate immigration processes, said Consul General Shri Shatrughna Sinha during his visit to our headquarters in Passau on 15 January.
He is responsible for the Indian #ConsulateGeneral in Munich, which has a variety of functions to strengthen bilateral relations between India and Germany (especially Bavaria and Baden-Württemberg): from visa matters to the promotion of education, research and culture as well as economic issues, such as the exchange of skilled labour. Indian expertise is highly sought after in Germany, particularly in the IT sector, engineering, and healthcare. India also benefits from this, according to the Consul General. After all, some of the money earned by Indian skilled workers in Germany flows back into the Indian economy.
What is needed now is greater openness to the potential of multicultural workforces - especially in small companies - as well as knowledge about the exact requirements of companies for international skilled workers. The recognition of Indian qualifications must also be actively promoted to prevent highly qualified specialists from occupying positions they are overqualified for. In the long term, strategies must be developed to retain skilled labour, for example by supporting Indian students who already work in German companies during their studies..
It is not only Consul General Shri Shatrughna Sinha who is highly ambitious to further intensify the partnership between the two countries. As an intercultural expert organisation, ICUnet.Group also sees itself as a bridge builder to further promote valuable synergies between Germany and India.
Shri Shatrughna Sinha and Amir Bashir, it was a great honour to welcome you to Passau! We would like to thank you once again for the always great exchange!
