Headlines
Indians top growing foreign STEM professionals in Germany: Report
New Delhi, Sep 1
The number of foreign STEM professionals in Germany increased significantly over the last decade with Indians forming the largest cohort from non-EU countries, according to a new study.
With over 30,000 in 2012 to almost 122,000 by the end of 2022, working STEM professionals from non-EU countries more than quadrupled, The Local news portal reported, citing a recent study by the Institute of the German Economy.
India emerged as a front-runner among these countries with an increase of 635 per cent -- from 3,750 in 2012 to over 27,500 skilled workers at the end of 2022.
The study, which was first published in WirtschaftsWoche magazine, said that the increase in foreign STEM professionals, with EU nations included, went up by around 190 per cent -- from around 70,000 at the end of 2012 to almost 202,000 professionals at the end of 2022.
These employees -- with jobs such as IT specialists, industrial engineers and scientists -- contribute about 16 billion euros per year to Germany, the report said, adding that Munich, Frankfurt, and Berlin attract the highest number of foreign STEM employees.
While visiting India earlier this year, German Chancellor Olaf Scholz had said that his government wants to ease the path for information technology experts from India to obtain work visas in the European country.
A survey by Munich-based Ifo Institute released earlier this month found the country facing an acute labour crisis with more than 43 per cent of nearly 9,000 firms polled suffering from a lack of qualified workers in July -- up from just over 42 per cent in April this year.
To streamline and ease rules for third-country employees, Germany has passed a new law to ease the entry of skilled professionals, which will come into force on March 1, 2024.
Indians were granted a total of 17,379 work visas last year, marking a significant increase compared to 2021, according to the Federal Foreign Office of Germany.
20 minutes ago
Sewa International Volunteers Support FIFA World Cup Operations in Houston, Raise Funds for Family Services
24 minutes ago
NAMAM to Confer Lifetime Achievement Award on Dr. M. V. Pillai
25 minutes ago
Indo-American Press Club (IAPC) Announces National Executive Committee for 2026 Term
28 minutes ago
Punjab gang suspect tried to escape to Canada, claims FBI
28 minutes ago
US lawmakers push Senate to clear crypto bill
29 minutes ago
US threatens election funds over security
29 minutes ago
'US now a football nation': Trump hails record crowds at 2026 FIFA World Cup
30 minutes ago
Iran warns of 'offensive and destructive' phase if US war continues
31 minutes ago
Explosions heard in Iran as US announces new round of strikes: Report
31 minutes ago
China row won't derail Xi trip: Navarro
32 minutes ago
Kuwait says soldiers injured, power plant damaged in Iranian attacks
33 minutes ago
Punjab-based gang built global organised crime network, claims FBI
33 minutes ago
FBI arrests Punjab gang suspect in US in major organised crime case
