Ambassador of India to Sweden & Latvia

20 Pages·2016·3.53 MB·English

by  David Relan

Banashri Bose Harrison
Ambassador ofIndia to Sweden & Latvia
Stockholm, May 12, 2016
Structure & Content
India-Sweden Relations
Why is NOW the India Moment
What is India & Some tips for
doing business in India
Contacts going back to 18th Century - Evidence shows Swedish ships were in India

in mid 18th century
Swedish companies enter India in early 19th Century - In 1903 India’s first

telephone exchange was bought from Ericsson followed in a few years by Swedish
Match, Asea (today ABB) and others.
Diplomatic Relations established as soon as India became independent in 1947.

Regular high level contacts between the two countries beginning with the 1957

visit of Prime Minister Jawaharlal Nehru to Sweden.
In recent years, exchange of visits at highest levels & Mutual Economic interests

have emerged as the Driver of the Bilateral relations
President of India Pays Landmark First-Ever Visit to Sweden : June 2015
Prime Minister Narendra Modi at the inauguration of the Swedish Pavilion
during the `Make in India` week in Mumbai on Feb 13, 2016
Trade and Investments
India is Sweden’s 19th most important market for exports of Swedish goods
Swedish exports to India is US$ 1,748 m, constitute 0.39% of India’s total imports
(2014-15, April –March)
India’s Import to Sweden is US$ 740 m, constitute 0.24% of India’s total export
(2014-15, April –March)
Around 160 Swedish companies established in India
Around 50 Indian companies including about 20 IT companies currently present in
Sweden
Why is now the India Moment
New Flagship Initiatives of Govt. of India = New Opportunities for Swedish
Companies
Why Make In India?
India - only country in the world to offer the unique combination of Democracy,
Demographic Dividend and Demand
Making in India would not only mean competitive production costs but
guarantee of a vast market as the jobs generated by expansion of
manufacturing raise the purchasing power of millions of young consumers
Success of 100% indigenous Mars Mission of India proves the high quality of
human resources
Progressive Initiatives And Missions 2016
Clean Up India and Green India