High-level visits have intensified in recent years, and Sweden and India consider each other important trade partners. The newly released Global Business Climate Survey 2023 examines the business climate in foreign markets. The report reveals, for instance, that Swedish companies perceive India as one of the most attractive countries for investment. Business Sweden, the International Chamber of Commerce, local chambers of commerce, embassies, and consultants are behind the report, which includes interviews with 1,600 company representatives.

India is not only the world's most populous country with a highly educated English-speaking middle class, but it is also becoming increasingly interesting for many companies in the global supply chain.

The country is also becoming more appealing to companies in the global supply chain, including Swedish firms. "We see significant business opportunities here," says Cecilia Oskarsson, Sweden's Trade Secretary in India.

This year marks the 75th anniversary of diplomatic relations between India and Sweden. The cooperation between the countries is growing stronger and multifaceted. An increasing focus in the trade relationship is on issues related to climate and clean energy transition.

The overall bilateral cooperation is guided by India and Sweden's joint action plan, signed in April 2018 in the presence of Prime Minister Modi and former Prime Minister Löfven.

Sweden's exports to India amounted to SEK 25.2 billion in 2022, with imports at SEK 34.3 billion (including services totaling SEK 22.2 billion). In 2022, Swedish merchandise exports increased by 50 percent compared to 2021. Currently, there are over 260 Swedish companies in India employing more than 220,000 people. In Sweden, there are 70 Indian companies employing 7,000 people.

The delegation consists of:

  • Jan Thesleff, Sweden's Ambassador to India
  • Tanmaya Lal, India's Ambassador to Sweden
  • Markus Lundgren, Head of the Economic Department
  • Per-Arne Wikström, Innovation Counselor
  • Sven Östberg, Consul in Mumbai
  • Cecilia Oskarsson, Trade Secretary in India
  • Sara Larsson, Head of the Swedish Chamber of Commerce in India
  • Arati Davis, COO Sweden India Business Council in Sweden

PROGRAM FOR EACH CITY:

Stockholm: Time for India | Stockholm Chamber of Commerce Linköping
Time for India: Breakfast Seminar with Team Sweden - Linköping Science Park
Malmö: Calendar - almi
Gothenburg: Time for India | West Sweden Chamber of Commerce