Thesleff has emphasised robust enterprise ties centered on innovation and the inexperienced transition, with over 280 Swedish corporations working in India and actively increasing their operations in sectors like manufacturing, digitalization, and analysis. The bilateral relationship focuses on strategic collaboration, with a aim to doubtlessly triple commerce and funding, and a powerful alignment with India's “Make in India” initiative by way of native sourcing and full provide chain integration.
“We must always double, and in reality triple the commerce and funding between the 2 nations through the subsequent 5 years,” in keeping with Thesleff.
Sweden has a aim to double its investments and employment in India over the following 5 years, aiming to leverage the potential for higher market entry and enterprise enlargement,
In line with Swedish Embassy numbers, over 280 Swedish corporations presently function in India, actively contributing to the nation's financial and sustainability targets. These corporations make use of over 220,000 folks straight in India, with an extra 2.2 million folks not directly employed, notably by way of investments in native manufacturing and sourcing.
