In recent years, some German companies have relocated parts of their production or business activities to Asia. The reasons for this are varied and include cost reductions, access to fast-growing markets, and proximity to important supply chains. Here are some examples:
Volkswagen (VW): VW has established extensive production facilities in China, which is now one of the company’s largest markets. The company operates joint ventures there with local partners such as FAW and SAIC.
Bosch: Bosch has invested heavily in Asia in recent years, particularly in China and India. The company operates several production facilities and research centres in these countries in order to better serve the local markets.
Siemens: Siemens has a strong presence in Asia, particularly in China and India. The company has production facilities and research centres in these countries and sees Asia as an important growth market.
BASF: The chemical company BASF has built a large production facility in China, including one of the largest chemical production facilities in the world in Nanjing. The company sees great potential in Asia and has significantly expanded its presence there.
Adidas: Although Adidas is headquartered in Germany, much of its production is carried out in Asia, particularly in countries such as Vietnam, China and Indonesia. The company has moved its production there due to lower labour costs and proximity to raw material suppliers.
Daimler: Daimler, the parent company of Mercedes-Benz, has established a significant presence in China, where it produces vehicles destined for the Chinese market. The company operates joint ventures and production facilities in Asia to meet growing demand.
These relocations are part of a global strategy by many companies to reduce production costs while securing access to fast-growing markets. The decision to relocate to Asia often depends on factors such as market size, production costs, availability of skilled labour and logistical advantages.
