India is well known as a strong provider of services in several industries and India is more and more an upcoming industry location too. With an average growth rate of 5,5% (estimated by Deutsche Bank Research) for the next 14 years, India is world champion in economic growth on the long run as a study of DB Research figured out.

But when comparing the current growth rate with the long term growth rate there is to reason: the indian growth rate will slow down to a more normal level in midterm - may be because of limitations from the infrastructure and/or a growing bottleneck of human resources. Indians economy as well as indian enterprises therefor should think about searching for additional growth opportunities abroad. There need not to be a market fast growing for itself - indian enterprises will still have a cost advantage which allows them to compete aggressively and to conquer market shares. Individual growth so can result from conquering market shares instead of just participating in general market growth.

And additionally skills and talents of indian employees will increasingly be a driver of indian success on the world's markets. Indian investments in education and training begin to pay off now. Overall, indian enterprises are in pole position to open up western markets. Not only leaders in IT, steel or generica enterprises - many of the small and mid cap companies have their chance too. The upcoming free trade agreement between the European Union and India will open up additional chances.

Europe is open for indian investors. There are hundred thousands of small and mid cap european companies, so far not shaped for their own internationalization and therefor weak and open for partnerships. And many of them are lead by aged entrepreneurs without a follower. An ambitious company, willing to follow a straight internationalization course, can use the still strong brands of european companies in their home market, their access to important sales channels and sometimes also the great technology of those companies.

To support common activities, we are going to open a representative office in Mumbai. TSSF will be focused on companies from the TIME industries, on BPO companies climbing up the value chain and selective also companies from the old economy.